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Bonds end on soft note as snowstorm slows trading NEW YORK: US Treasury debt prices slipped on Monday ahead of $90 billion of fixed-rate supply and a Federal Reserve meeting later this week in a session marked by low volumes as a major winter storm hit the New York area. Treasuries had begun the day on a stronger footing after investors spooked by Greece's newly elected government ignited a modest flight-to-quality bid, briefly knocking yields on the US 30-year bond to a record low. But as the day progressed, and traders began making early exits as transportation authorities from Philadelphia to Boston warned of commuting disruptions, prices weakened in anticipation of Treasury auctions of two-year, five-year and seven-year notes this week. The storm forced the Treasury Department to alter the auction schedule, moving the $26 billion two-year sale to Wednesday from Tuesday and the $35 billion five-year sale to Thursday from Wednesday.Traders and portfolio managers said this week's Federal ...

Portuguese yields hit record low as QE plan stems Greek contagion LONDON: Portuguese bond yields hit record lows on Monday as hopes for the European Central Bank's QE scheme cushioned most euro zone debt from the impact of the anti-austerity Syriza party sweeping to victory in Greece's election. Greek yields shot higher after the result of the vote, but the ECB's decision last week to launch a roughly 1 trillion euro quantitative easing programme checked any wider contagion. Syriza has said it will restructure Greece's massive ...
Mauritius offers 3-year Treasury bond worth 1.4bn rupees PORT LOUIS: Mauritius will sell 1.4 billion rupees ($42.88 million) worth of a three-year Treasury bond next week, the central bank said on Friday. Bank of Mauritius said in a statement it will receive bids on Jan. 28 and auction the bond on the same day. The bank said the bond will carry a coupon rate of 3.10 percent and is due on Dec. 5, 2017. Copyright Reuters, 2015 ...
France sells extra 2.4bn euros of bonds after Thursday auction PARIS: France sold on Friday an extra 2.1 billion euros medium-term bonds and 343 million euros of inflation-linked bonds after an auction on Thursday, the Agence France Tresor public debt management agency said on Friday. The non-competitive bids meant that AFT sold a total 10.6 billion euros ($11.96 billion) of medium-term bonds and 1.843 billion euros of inflation-indexed bonds at the auction. Under the French system, buyers not only submit competitive bids at the auction, ...
Long-dated UK bond yields track euro zone debt to new record low LONDON: British government bond yields hit new record lows on Friday, dragged lower by a slump in euro zone yields after Thursday's announcement by the European Central Bank of a bond buying plan. Thirty-year gilt yields led the move downwards and hit a record low 2.126 percent, 8 basis points lower on the day, as long-dated Bund yields also fell sharply. "It's a massive contagion effect," said Marc Ostwald, fixed income strategist at ADM Investor ...
Ghana 91-day bill yield dips to 25.8335pc ACCRA: The Bank of Ghana said the yield on its 91-day bill fell to 25.8335 percent at an auction on Friday, from 25.8426 percent at the last sale. The bank said it had accepted all 1.018 billion cedis ($311.38 million) worth of bids tendered for the 91-day paper. Copyright Reuters, 2015 ...
ECB stimulus plan helps UK gilts bounce back from 9-day low LONDON: British government bond prices recovered from heavy losses early on Thursday after the European Central Bank said it would pump hundreds of billions of euros into the sagging euro zone economy. After outperforming strongly on Wednesday, when two Bank of England policymakers dropped their calls for higher interest rates, gilt prices opened sharply lower on Thursday, pushing 10-year gilt yields up nearly 9 basis points to their highest in more than a week. But ...


Index Closing Chg%
Arrow DJIA 17,678.70 0.03
Arrow Nasdaq 4,771.76 0.29
Arrow S&P 2,057.09 0.26
Arrow FTSE 6,852.40 0.29
Arrow DAX 10,798.33 1.40
Arrow CAC-40 4,675.13 0.74
Arrow Nikkei 17,468.52 0.25
Arrow H.Seng 24,909.90 0.24
Arrow Sensex 29,278.84 0.94

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln