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JGBs slump, extend losses after poor 20-year auction TOKYO: Japanese government bond prices fell on Tuesday, extending losses after an auction of 20-year bonds drew tepid bids despite a recent increase in the amount of buying by the Bank of Japan in the sector. The 20-year JGB auction produced the tail, or the gap between the lowest and average prices, of 0.41, much wider than 0.08 in the previous auction. The bid-to-cover ratio also fell to 2.88 from 3.59. The poor results hit the longest maturities hardest, with the 30-year bond yield rising 7.0 basis points to 1.490 percent. The 20-year yield also rose 6.0 basis points to 1.300 percent while the 10-year yield rose 4.0 basis points to 0.510 percent. The market was also pressured as Japanese share prices staged a strong recovery after sharp falls on Monday following surprisingly poor gross domestic product (GDP) data showing Japan slipped into a recession. The Nikkei share average rose ...

Treasuries prices slide in choppy trading; Japan data briefly lifts NEW YORK: US Treasury debt prices fell on Monday in choppy trading as investors took profits on gains fueled by weak Japanese economic data, ahead of the release this week of the minutes of the latest Federal Reserve meeting.Market participants expect the Fed minutes to show optimism about the U.S. economy that should keep the U.S. central bank on track to raise interest rates sometime next year."Treasuries have been strong all year and we did ...
France to sell 7.3-8.8bn euros of bonds on Nov. 20 PARIS: France plans to sell 6.5-7.5 billion euros of medium-term fixed-rate bonds at its next regular auction on Nov. 20, plus 0.8-1.3 billion euros of inflation-linked bonds. Fixed-rate bonds on offer are a February 2017 OAT, July 2017 OAT and November 2019 OAT. Also on offer are a July 2023 OAT linked to French inflation plus a July 2027 and a July 2040 OAT linked to euro zone inflation. Copyright Reuters, 2014 ...
US long-dated bond prices inch lower ahead of auction NEW YORK: US long-dated Treasuries prices edged lower on Thursday ahead of an auction of $16 billion in bonds, while prices on other Treasury maturities were little changed following U.S. jobless claims data.The Treasury will sell $16 billion in 30-year Treasury bonds at 1:00 p.m. EST (1800 GMT), the last leg of this week's $66 billion in new supply. Analysts said dealers were selling some 30-year debt ahead of the auction in order to raise ...
JGBs fall on robust stocks, growing talk of tax-hike delay TOKYO: Japanese government bond prices fell on Wednesday, dragged down by an extended rally for Tokyo stocks and on concerns a possible delay in a sales tax hike could erode heavily indebted Japan's fiscal position. The benchmark 10-year JGB yield rose 3.5 basis points to 0.515 percent, pulling further away from a 19-month low of 0.485 percent hit after the Bank of Japan shocked markets on Oct. 31 by expanding its already massive monetary stimulus. ...
JGBs dip on fresh supply, higher Tokyo stocks TOKYO: Japanese government bond prices dipped on Tuesday, weighed by higher Tokyo stocks and an overnight retreat in US Treasuries. JGBs also sagged as the market braced for fresh supply. The Ministry of Finance offered a new batch of 30-year JGBs on Tuesday. The 30-year JGBs are expected to draw decent demand from dealers who need to cover short positions and demand stemming from the Bank of Japan's market operations, through which it buys large ...
Greece to auction 875mn euros of 3-month T-bills on Nov. 12 ATHENS: Greece will auction 875 million euros (1.08 billion US dollar) of three-month treasury bills on November 12 to refinance a maturing issue, the country's debt agency PDMA said on Friday. The settlement date will be November 14. Only primary dealers will be allowed to participate and no commission will be paid. Athens has a stock of about 15 billion euros of T-bills that it regularly refinances. A previous sale of three-month paper in October ...


Index Closing Chg%
Arrow DJIA 17,356.87 1.69
Arrow Nasdaq 4,644.31 2.12
Arrow S&P 2,012.89 2.04
Arrow FTSE 6,336.48 0.07
Arrow DAX 9,544.43 0.20
Arrow CAC-40 4,111.91 0.46
Arrow Nikkei 16,819.73 0.38
Arrow H.Seng 22,585.84 0.37
Arrow Sensex 26,710.13 0.27

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 15, 2014
Reserves $13.922 bln