05012016Sun
Last update: Sun, 01 May 2016 07am

Managed Funds

Business & Finance - Managed Funds

Greek yields fall as Eurogroup says looking at debt relief measures LONDON: Greek bond yields fell on Friday after the head of euro zone finance ministers said the Eurogroup was looking at a package of debt relief measures for Athens.Two-year yields fell 52 basis points to 10.46 percent, while 10-year yields edged down 14 basis points to 8.72 percent. "There are some positive comments on Greece and nobody wants a repeat of 2015 when things heated up," said Daniel Lenz, strategist at DZ Bank, referring to fraught bailout talks between Athens and its international creditors last summer. Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

Bund yields set for one of the biggest weekly rises in 2016 LONDON: German Bund yields stabilised on Friday but were still on course for one of their biggest weekly gains since December last year after a rebound in oil prices and a wait-and-see message from the European Central Bank.The bond market has been tracking developments in oil prices because of their impact on inflation and worries that cheap crude can hurt the energy sector and its lenders, taking a toll on the global economy. After a ...

Business & Finance - Managed Funds

Mauritius offers 3-year Treasury bond worth 1.3bn rupees PORT LOUIS: Mauritius will sell a three-year Treasury bond worth 1.3 billion rupees ($37.12 million) next week, the central bank said on Thursday. The Bank of Mauritius said in a statement it would receive bids on April 27 and auction the bond on the same day.The bond would carry a coupon rate of 3.59 percent and will mature on February 19, 2019, the bank said.Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

JGBs gain, longer yields touch fresh lows TOKYO: Japanese government bonds rose on Wednesday, bolstered by expectations of additional Bank of Japan easing steps, with the benchmark yield matching a record nadir and superlong yields reaching fresh lows.The 10-year JGB yield edged half a basis point lower to minus 0.135 percent, matching a record set late last month. Since the BoJ unveiled its negative interest rate policy on Jan. 29, investors have clamoured for JGBs that still offer positive yields. Such demand ...

Business & Finance - Managed Funds

China EximBank completes sale of $3bn dual currency bonds offshore HONG KONG: The Export-Import Bank of China has completed its issuance of $3 billion dual currency senior notes, its second direct issuance of offshore debt since its dollar senior notes issued in 2014.The orderbook amounted to $8.3 billion and investors include central banks, sovereign wealth funds, commercial banks and insurance companies from South Asia, Middle East, Europe and South America.The $1.25 billion five-year US dollar tranche carried a coupon of 2 percent and the $1 ...

Business & Finance - Managed Funds

Vimpelcom plans to issue eurobonds worth up to $1.2bn MOSCOW: Amsterdam-based mobile phone operator Vimpelcom plans to issue two tranches of 4-year and 7-year eurobonds worth up to $1.2 billion, a banking source told Reuters on Wednesday.Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

Yields inch higher as oil, stock prices gain NEW YORK: US Treasury yields rose slightly on Tuesday as oil and stock prices gained, reducing demand for safe haven bonds.US government bonds have largely followed moves in the oil and stock markets this week with no major economic releases to sway investor sentiment, and before the Federal Reserve is due to meet next week.Oil prices quickly recovered from lows reached early on Monday, after a deal to freeze oil output by OPEC and non-OPEC ...