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NEW YORK: US Treasuries prices fell slightly on Monday after world leaders over the weekend backed keeping Greece in the euro zone, easing some demand for safe haven US debt, and as $99 billion in new Treasuries supply scheduled for this week was seen weighing on prices. A summit of the Group of 8 leading industrialized nations on Saturday said they had an interest in having Greece stay in the euro zone and said they would balance European austerity in the region with US style-stimulus seen as vital to healing ailing euro-zone economies. Investors are looking to the European Central Bank for signs that the central bank will offer new long-term loans as bank funding stresses in the region again rise, though the ECB is not expected to act unless conditions in the worsen. "There was a lack of bad headlines over the weekend," said Sean Murphy, a Treasuries trader at Societe Generale ...

KUWAIT: Kuwait's Global Investment House said it won a long-running legal battle over an aborted buy of a stake in National Bank of Umm Al Qaiwain after an appeals court ordered the Abu Dhabi-listed bank to return its deposit plus interest. The $250 million sum was placed with NBQ in August 2008 as the first part of Global's purchase of a 20 percent stake in the bank through a 2.36 billion dirhams ($642.5 million) convertible bond ...
TOKYO, May 21 (Reuters) - Japanese government bond prices fell on Monday, as investors took profits following the benchmark yield's drop last week to its lowest level in nearly nine years, although remaining concerns about Europe's debt situation limited the fall in prices. JGBs were in favour among investors last week as escalating worries about Europe drove them towards the relative safety of these securities. The 10-year bond yield gained 2.0 basis points to 0.845 percent, after ...
PARIS: Germany's 10-year borrowing rate fell to a record low of 1.399 percent in early eurozone bond trading on Friday in a climate of alarm over the state of Greece and banks in Spain. The German 10-year Bund is the benchmark bond in the eurozone, and it rose on Friday as funds were moved to safety thereby depressing the rate from 1.411 percent on Thursday, after Moody's downgraded 16 Spanish banks. Copyright AFP (Agence France-Presse), 2012 ...
PORT LOUIS: The weighted average yield on Mauritius' 182-day Treasury bills dropped to 3.57 percent at auction from 3.63 percent at the previous sale on April 23, the central bank said on Thursday. The bank sold only 120 million rupees ($4.08 million) worth of bills from the 400 million on offer. Investors had offered bids worth 330 million rupees at yields ranging from 4.20 percent to 3.55 percent. Copyright Reuters, 2012 ...
MILAN: The high volatility of bond yields in current difficult markets, rather than outright yield levels, poses the main hurdle for Italy at auctions, a senior treasury official said on Thursday. Davide Iacovoni told a financial conference that high volatility made it very difficult for investors to assess the likely performance of a bond to be bought at auction and discouraged more risk-averse players from participating in bond sales. "The main problem is not so much where ...
MADRID: Spain raised 2.494 billion euros ($3.173 billion) in a sale of three- and four-year bonds Thursday that saw Madrid pay higher rates, a sign of mounting concern over its debt position. The treasury paid interest rates of between 4.375 and 5.106 percent, up sharply from the last comparable operations when it paid interest rates of between 2.89 and 4.037 percent, the Bank of Spain said in a statement. Demand was at the upper end of expectations ...


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln