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Yield on Kenya 364-day treasury bills falls NAIROBI: The yield on Kenya's 364-day Treasury bills fell to 10.163 percent at auction on Wednesday from 10.233 percent, while that on six-months bills stayed steady at 8.550 percent, the central bank said. The central bank said it received a total of 9.8 billion shillings ($110.61 million) for the two papers on offer, and accepted 9.4 billion shillings worth of bids.Copyright Reuters, 2014 ...

Greece to reopen 3-,5-year bonds, exchange them for T-bills ATHENS: Greece said on Wednesday it will reopen its recent 3- and 5-year bonds and top them up by about 1.0 billion euros on Sept. 11, accepting existing T-bills as payment.The bond exchange offer will start at 0600 London time (0500 GMT) and end at 1700 (1600 GMT), based on a filing on the Athens stock exchange. Alpha Bank, Eurobank, National Bank and Piraeus Bank will be the dealer managers.Copyright Reuters, 2014 ...
Ghana tests investor interest for US dollar 11.5-year bond LONDON: The Republic of Ghana has released initial price thoughts on an 11.5-year US dollar benchmark bond at 8.5% area, according to a lead.Ghana (B2/B/B/ all negative) is completing its investor roadshow in Los Angeles today, after meeting investors in Europe and London last week. Barclays, Deutsche Bank and Standard Chartered are arranging the bond, which is expected to price on Thursday.Copyright Reuters, 2014 ...
UK 30-year gilt yield hits 4-week high on Scotland polls LONDON: British 30-year government bond yields hit their highest level in almost a month on Wednesday, driven higher by more speculation about the prospect of Scottish independence and the possibility of interest rate hikes early next year.The 30-year gilt yield peaked at 3.197 percent, its highest level since Aug. 13, shortly after Bank of England Governor Mark Carney repeated to lawmakers that the point at which interest rates will need to rise had moved closer. ...
Sharjah draws massive demand for debut $750mn sukuk issue DUBAI: The emirate of Sharjah attracted massive demand at its first international debt sale on Wednesday, drawing investor orders worth more than ten times the $750 million issue. The strong interest in the issue of ten-year Islamic bonds reflected both investors' hunger for new Gulf issuers, and the view that oil-rich Abu Dhabi, the biggest of the seven members of the United Arab Emirates, will support the others if needed. "The demand is a reflection ...
Bond yields rise on supply, expectations for hawkish Fed NEW YORK: US Treasuries yields rose on Wednesday, with benchmark and longer-dated yields rising the most, after traders sold the debt to make way for new supply and continued to anticipate a more hawkish statement from the Federal Reserve next week.Benchmark 10-year yields remained at their highest in over a month, while 30-year yields remained at their highest in just under a month as traders awaited U.S. Treasury auctions of $21 billion of 10-year notes ...
China 3 year fin min bond yield at 4.00pc, within forecasts SHANGHAI: China's Ministry of Finance auctioned 28 billion yuan ($4.56 billion) of three-year bonds in the interbank market on Wednesday at an average yield of 4.00 percent, traders said, the high end of expectations. Market forecasts had centred around 3.97 percent and ranged from 3.93 to 4.01 percent. The auction yield came in above Tuesday's benchmark secondary market yield of 3.9760 percent for three-year government bonds.Copyright Reuters, 2014 ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln