Indian central bank buys 96.58bn rupees bonds
2013-05-17 12:00:48 GMT : (Business & Finance/Managed Funds)
MUMBAI; The Reserve Bank of India has bought 96.58 billion rupees ($1.8 billion) of bonds, but did not sell any debt in the week to May 10 through outright open market operations (OMOs), it said in a statement on Friday.The central bank did not buy or sell bonds through outright OMOs in the previous week.Copyright Reuters, 2013
Prices gain on weak US economic data, low inflation
2013-05-16 22:07:13 GMT : (Business & Finance/Managed Funds)
NEW YORK: US Treasuries prices rose on Thursday after data on housing, jobs, prices and manufacturing raised questions about the US economy's strength and made it look more likely that the Federal Reserve would keep monetary policy accommodative.The government said the number of Americans filing new claims for unemployment insurance benefits last week jumped 32,000 to a seasonally adjusted 360...
Gilts slide after Bank of England turns hopeful on economy
2013-05-15 20:58:17 GMT : (Business & Finance/Managed Funds)
LONDON: British government bonds drifted lower on Wednesday after the Bank of England struck a rare upbeat note on the economy, although the bank's caution about the economy's underlying strength capped gilts' losses.For the first time in years, the central bank predicted that Britain's economic growth would be faster and inflation lower than it expected three months earlier. Howev...
Prices edge up as manufacturing weak, inflation subdued
2013-05-15 20:55:26 GMT : (Business & Finance/Managed Funds)
NEW YORK: US Treasury debt prices edged higher on Wednesday after a week of losses as manufacturing data pointed to lingering weakness in the economy and price pressures remained subdued, but a continued rally in riskier assets kept gains modest.US industrial production fell more than expected in April, down 0.5 percent. Regional data suggested more contraction could be coming, too, with the New Y...
Russia sells 39.2bn rbls in 10year, 5-year T-bonds
2013-05-15 12:04:55 GMT : (Business & Finance/Managed Funds)
MOSCOW: The Russian Finance Ministry sold overall 39.2 billion roubles ($957.7 million) in two separate auctions of ten-year and five-year OFZ treasury bonds on Wednesday, placing nearly all the amount on offer after a holiday period.The ministry fulfilled all the demand at the top of the previously announced guidance range of 6.60-6.65 percent for the 10-year paper, selling at an average yield of...
Taiwan sells 30 year govt bonds at 1.99pc yield
2013-05-15 05:51:59 GMT : (Business & Finance/Managed Funds)
TAIPEI: Taiwan sold only 83 percent of the 30-year government bonds it aimed to sell, the central bank said on Wednesday, at a yield of 1.99 percent, as demand for long-term bonds has weakened.The central bank auctioned T$35 billion ($1.17 billion) in 30-year government bonds, but only T$28.9 billion have been sold.The yield was above forecasts in a Reuters poll for a level of between 1.93 percent...
Turkish fixed-coupon bond yields 5.93pc, below forecast
2013-05-13 12:23:06 GMT : (Business & Finance/Managed Funds)
ISTANBUL: Turkey's Treasury sold a Feb. 14, 2018, fixed-coupon bond at a yield of 5.93 percent in a tap on Monday, below a forecast of 6.03 percent.Sales of the fixed-coupon bond stood at 2.92 billion lira ($1.62 billion), while bids were 5.997 billion lira. It also sold a March 11, 2020, floating rate note (FRN) at an average price of 98.584 lira in a tap, below a forecast of 99.600 lira.Sale...
Russia choosing managers for $7bn bond: Sergei
2013-05-11 12:34:46 GMT : (Business & Finance/Managed Funds)
ISTANBUL: Russia is choosing lead managers for its planned $7 billion bond, the deputy finance minister said on Saturday, adding that there were no details on the timing of the launch."Some activities took place in view of choosing lead managers, but it hasn't been finalised yet," Sergei Storchak told a news conference on the sidelines of the European Bank for Reconstruction and Development...
India bond yields see biggest weekly fall since Jan; inflation data eyed
2013-05-10 17:09:07 GMT : (Business & Finance/Managed Funds)
MUMBAI: Indian bonds rose for a fourth straight session on Friday, with yields posting their biggest weekly fall since early January, on hopes upcoming inflation data would support the case for more rate cuts and that the central bank would buy more debt.The rise this week came amidst heavy volumes, with foreign investors continuing to snap up Indian debt as part of a rally in riskier assets globa...
No CDS market yet for new Apple mega-bond
2013-05-10 16:15:09 GMT : (Business & Finance/Managed Funds)
NEW YORK: A market has yet to materialize for credit default swaps offering protection on Apple Inc's record USD17bn bond issue, despite the enormous size of the deal.While quotes are available and prices have been published by data vendors since May 1, activity has been negligible, with only a handful of investors attempting to make a market in the five-year maturity."I would think CDS will s...
10-year JGB futures contract falls one point as stocks soar
2013-05-10 04:59:21 GMT : (Business & Finance/Managed Funds)
TOKYO: Japanese government bond futures dropped one point on Friday, as a plunging yen pushed up Japanese stocks, and trading was temporarily halted by circuit breakers.The 10-year JGB futures contract slipped to 143.72, just a day after trading volume had fallen to the lowest so far this year.Copyright Reuters, 2013
Spanish yields steady as debt auction seen smooth
2013-05-09 08:05:09 GMT : (Business & Finance/Managed Funds)
LONDON: Spanish government bonds were steady on Thursday before an auction that is expected to draw strong demand as investors seek to maximise returns in an environment of low official rates.Expectations that the European Central Bank will ease policy further after it cut its key rate last week to 0.50 percent are keeping Bunds yields close to record lows.But those meagre returns are also pushing...
Bonds little changed but pressured by new offerings
2013-05-09 06:00:37 GMT : (Business & Finance/Managed Funds)
TOKYO: US Treasuries were little changed in Asia on Thursday, but the benchmark yield stood near its April peak as the market is pressured by fresh bond offerings this week and a blow from surprisingly strong US jobs data last week.The yield on the 10-year bonds stood at 1.810 percent , near a yield resistance of its April high at 1.814 percent.The yield has risen substantially from a 4 1/2-month ...
India bond yields ease on hopes for more debt purchases
2013-05-07 11:33:22 GMT : (Business & Finance/Managed Funds)
MUMBAI: Indian government bond yields eased on Tuesday on expectations the central bank would continue to buy debt via open market operations after lenders borrowed more than 1 trillion rupees from it, signalling tight liquidity conditions.The Reserve Bank of India bought back 96.58 billion rupees of bonds on Tuesday, marginally lower than the 100 billion rupees it offered, marking the first open ...
JGBs skid as stocks soar after US jobs paint brighter picture
2013-05-07 09:49:31 GMT : (Business & Finance/Managed Funds)
TOKYO: Japanese government bond prices slipped on Tuesday as investors caught up after a long holiday weekend and digested an upbeat US employment report that dimmed the appeal of safe-haven fixed-income assets.On May 2, the last trading day before a four-day long holiday weekend here, the benchmark 10-year yield had skidded to a nearly two-week low, bolstered by the Bank of Japan's asset-buyi...
US bond yields at three-week highs before new supply
2013-05-06 16:57:45 GMT : (Business & Finance/Managed Funds)
NEW YORK: US Treasuries prices slipped slightly on Monday as investors continued to digest Friday's better than expected jobs report, which sent yields surging to their highest levels in three weeks.The US government bonds are expected to stay at the relatively higher yields as investors prepare for $72 billion in new supply this week, with the recent selloff also seen as likely helping demand...
India to sell 150bn rupees of bonds
2013-05-06 12:26:41 GMT : (Business & Finance/Managed Funds)
MUMBAI: India will sell 150 billion rupees ($2.8 billion) of bonds on May 10, the Reserve Bank of India said in a statement on Monday.The government will sell 70 billion rupees of 8.15 percent 2022 bonds and 20 billion rupees of 8.32 percent 2032 bonds.It will also sell 30 billion rupees each of 8.12 percent 2020 bonds and 8.30 percent 2042 bonds.Copyright Reuters, 2013
India to sell 100bn rupees of t-bills on May 8
2013-05-03 12:50:22 GMT : (Business & Finance/Managed Funds)
MUMBAI: India will sell 100 billion rupees ($1.9 billion) of treasury bills, including 50 billion rupees of 91-day t-bills and 50 billion rupees of 182-day t-bills, on May 8, the Reserve Bank of India said on Friday.Copyright Reuters, 2013
Indian bonds fall after central bank caution on further easing
2013-05-03 12:18:45 GMT : (Business & Finance/Managed Funds)
MUMBAI: Indian federal bond yields rose on Friday after the central bank warned it had limited room for further monetary easing while delivering a 25 basis point cut in the key lending rate in line with expectations.The Reserve Bank of India also reduced the amount of bonds that banks can hold till maturity while leaving the cash reserve ratio unchanged, disappointing bankers.The benchmark 10-year...
South African bond yields at record lows, rand steady
2013-05-03 09:28:16 GMT : (Business & Finance/Managed Funds)
JOHANNESBURG: South African government bond yields were at record lows on Friday as the hunt for high-yielding assets intensified, while the rand was steady against the dollar.The currency was at 8.9505 to the dollar at 0650 GMT, in line with its close in New York on Thursday.It had been supported by improved manufacturing and vehicle sales data this week.South Africa's seasonally adjusted Pur...