04292016Fri
Last update: Fri, 29 Apr 2016 04am

Managed Funds

Business & Finance - Managed Funds

Kenya 91-day T-bill yield slips to 8.410pc at auction NAIROBI: The weighted average yield on Kenya's 91-day Treasury bills fell to 8.410 percent at Thursday's auction from 8.597 percent last week, the central bank said. The bank received bids worth a total of 3.71 billion Kenyan shillings ($36.55 million) after offering paper worth 4 billion. It accepted bids worth 3.11 billion. Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

Poland sells PLN 8.59bn in bonds at switch tender WARSAW: Poland sold a total of 8.59 billion zlotys ($2.24 billion) worth of bonds at a switch tender on Thursday, the finance ministry said in a statement. This consisted of 2.39 billion zlotys in bonds due January 2020, 5.22 billion zlotys in bonds due July 2021 and 0.98 billion zlotys in bonds due January 2026. Details of the auction are available here. Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

Yields fall on safety buying after Brussels attacks NEW YORK: US Treasury yields fell on Tuesday on safety buying after twin attacks on Brussels airport and a rush-hour metro train in the Belgian capital triggered security alerts across western Europe.The blasts occurred four days after the arrest in Brussels of a suspected participant in November militant attacks in Paris that killed 130 people.Benchmark 10-year notes were last up 6/32 in price to yield 1.90 percent, down from 1.92 percent on Monday. The yields ...

Business & Finance - Managed Funds

Indonesia 'happy' with global sukuk pricing JAKARTA: The Indonesian government set a 3.4 percent coupon for its $750 million global sukuk maturing in five years and a 4.55 percent coupon for a $1.75 billion global sukuk maturing in 10 years, a finance ministry official told reporters on Tuesday. "The coupon is higher than last year because the situation is different - the Fed has raised its rates once," said Robert Pakpahan, the finance ministry's director general of financing and risk management. ...

Business & Finance - Managed Funds

Yields rise on hawkish Fed comments, corporate supply NEW YORK: US Treasury yields rose on Monday after two Federal Reserve officials gave bullish projections on inflation and as investors prepared for new corporate debt sales.Richmond Fed President Jeffrey Lacker said inflation was likely to accelerate in coming years and move toward the Federal Reserve's 2 percent target.San Francisco Fed President John Williams told Market News International that he would advocate for another interest rate hike as early as the April meeting, noting "very ...

Business & Finance - Managed Funds

Euro zone yields edge down, Catalonia downgrade puts Spain in focus LONDON: Euro zone bond yields hovered on Monday near lows hit last week, with Spain in focus after the wealthy region of Catalonia was downgraded. Standard & Poor's cut Catalonia's credit rating to B+ on Friday, pushing it further into junk territory after a previous downgrade in October. The rating agency cited weakening financial management and maintained a negative outlook on the region where a drive towards independence from Spain has grown.S&P's move reflects persistent ...

Business & Finance - Managed Funds

Portugal to issue up to 1bn euros of 5- and 15-year bonds in auction LISBON: Portugal's IGCP debt agency said on Friday it will issue a total of between 750 million euros ($846 million) and 1 billion euros of five- and 15-years bond in an auction on March 23. The IGCP said it will issue bonds maturing in April 2021 and February 2030 in the auction. Copyright Reuters, 2016 ...