All
 

 

Just in:  

You are here: Home»Business»Managed Funds

Managed Funds

Archive

China's parliament authorises local governments to issue bonds SHANGHAI: China's parliament has formally approved changes to the budget law allowing local governments to issue bonds directly, a reform that could help stabilise government financing by creating the country's first municipal bond market. Regulators have already experimented with allowing local governments to issue debt directly through a pilot programme under way.The amendment to the budget law that the National People's Congress passed on Sunday would certify the pilot and provide a legal basis for later expansion. The National Audit Office estimates local governments owed 17.89 trillion yuan ($2.91 trillion) as of the end of June and says nine Chinese provinces failed to pay back some 800 million yuan of debt due in March. As economic growth slowed, that situation apparently caused regulators to move faster on developing alternative funding channels for local governments, given estimates that a fifth of local government debt is set to come due in 2014. ...

France to sell 8-9bn euros of bonds at Thursday auction PARIS: France plans to sell 8-9 billion euros ($11.87 billion) of long-term bonds at a regular auction on Sept. 4, the AFT public debt management agency said on Friday. Fixed-rate lines on offer are an OAT bond maturing in November 2024, a May 2030 OAT and a May 2045 OAT.Copyright Reuters, 2014 ...
Mauritius 273-day Treasury bills yield falls to 0.96pc PORT LOUIS: The weighted average yield on Mauritius' 273-day Treasury bills fell to 0.96 percent on Friday from 1.45 percent at the previous sale, the central bank said. The Bank of Mauritius sold all the 1 billion rupees (32.4 million US dollars) worth of bills on offer.It received bids worth 3.525 billion rupees at yields ranging from 2.50 percent to 0.68 percent. Copyright Reuters, 2014 ...
Yields edge higher, pausing rally, as ECB meeting in focus NEW YORK: Treasuries yields rose slightly on Friday, pausing a week-long rally, as investors rethought expectations for next week's highly anticipated European Central Bank meeting.Comments by ECB President Mario Draghi last Friday were interpreted by some market participants as indicating that the central bank had changed its forecast on inflation lower, and that it may be more likely to embark on new quantitative easing to stave off a decline.But others say that such a move ...
Yields fall as Ukraine prompts safety buying, ECB seen buying bonds NEW YORK: US Treasuries rallied on Thursday and 30-year bond yields fell to their lowest in over a year as concerns over tensions in Ukraine sparked safety buying, and as European government yields continued to hit record lows.Ukraine accused Russia on Thursday of bringing troops into the southeast of the country in support of pro-Moscow separatist rebels.Expectations that the European Central Bank is likely to start a bond purchase program when it meets next week ...
Euro zone bond yields hold at record lows after Spain inflation LONDON: Euro zone bond yields held at record lows on Thursday as a drop in Spanish inflation in August kept pressure on the European Central Bank to ease policy further. Spanish inflation came in at minus 0.5 percent, higher than expectations of minus 0.6 percent but lower than in July.German inflation due at 1200 GMT was expected to be unchanged at 0.8 percent. Overall, inflation in the euro zone is still sure to remain far ...
Bonds rally as European debt yields fall to record lows NEW YORK: US Treasuries rallied on Wednesday as European government bond yields continued to plumb record lows on expectations the European Central Bank will act sooner to counter low growth and slowing inflation.Bonds have gained since ECB President Mario Draghi said on Friday the bank was prepared to respond with all available tools if euro zone inflation drops further. Investors took this to mean the ECB could start an asset purchase program or other stimulus ...

 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln