07242016Sun
Last update: Sun, 24 Jul 2016 02am

Managed Funds

Business & Finance - Managed Funds

Indonesia sells 18trn rupiah of bonds at auction, above target JAKARTA: Indonesia sold 18 trillion rupiah ($1.38 billion) of bonds at an auction on Tuesday, well above the indicative target of 12 trillion rupiah, the finance ministry's financing and risk management office said. The t-bills maturing in October 2016 had a weighted average yield of 5.34465 percent, while the t-bills maturing in July 2017 had a weighted average yield of 6.14615 percent.The weighted average yield for bonds maturing in July 2021 was 6.85354 percent, lower than 7.46981 percent at the previous auction on June 21.Bonds maturing in September 2026 had a weighted average yield of 7.08588 percent.The weighted average yield for bonds maturing in May 2036 was 7.47993, lower than the previous sales of 7.91964 percent.Total bids were 46.85 trillion rupiah, almost triple of 17.53 trillion rupiah received in the previous auction.The highest bid-to-cover ratio was 5.06 for the bonds maturing in July 2021.Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

JGBs mostly edge down, taking cues from stronger stocks TOKYO: Japanese government bonds mostly edged lower on Tuesday as stock market gains lessened the appeal of fixed income assets, though they remained supported by Bank of Japan buying and hopes for further stimulus. The 10-year JGB yield added half a basis point to minus 0.230 percent, and September 10-year futures managed to eke out a 0.02 point gain to 153.12.The Nikkei stock index ended up 1.4 percent, as markets reopened after a public holiday ...

Business & Finance - Managed Funds

Yields little changed, touched 4-week highs as Turkey coup fails NEW YORK: US Treasury yields ended little changed after hitting four-week highs on Monday, as stocks posted a small bounce and investors who bought government debt during the uncertainty of last week's attempted coup in Turkey trimmed their holdings.Yields, which move inversely to prices, had touched record lows on both the US 10-year note and 30-year bonds during the last few weeks, driven by an uncertain global growth outlook and geopolitical events that rocked financial ...

Business & Finance - Managed Funds

Prices edge higher on geopolitical risk concerns NEW YORK: US Treasury debt prices rose on Monday, after two days of losses, as a failed coup attempt in Turkey over the weekend heightened concerns about global geopolitical risk, prompting investors to seek the safety of government bonds.Turkey's coup attempt followed killings in Nice, France last week, several recent police-related incidents in the United States, as well as Britain's shock vote to exit the European Union a few weeks ago.Jonathan Rick, interest rates derivative ...

Business & Finance - Managed Funds

Yields rise at Egypt T-bill auction CAIRO: Yields on Egypt's three-month and nine-month treasury bills rose at Sunday's auction, data from the central bank website showed. The average yield on the 91-day bill rose to 14.149 percent from 14.093 percent at the last auction on July 10. The 266-day bill rose to 15.570 percent from 15.320 percent at a similar auction a week ago. Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

Spain to issue bonds due 2019, 2021 and 2046 on Thursday MADRID: Spain's Treasury plans to issue bonds due 2019, 2021 and 2046 at its scheduled debt auction on Thursday, the Treasury said on Friday. He bonds include paper due January 31, 2019, with a 0.25 percent coupon, July 30, 2021, with a 0.75 percent coupon and October 31, 2046, with a 2.9 percent coupon. The Treasury will announce the amount it aims to raise at the auction on Monday. Copyright Reuters, 2016 ...

Business & Finance - Managed Funds

German bonds set for worst week in almost three months LONDON: German bond yields were set on Friday for their biggest weekly rise in almost three months, ending their longest run of falls since the euro zone debt crisis as risk appetite bounced back after the shock of Britain's vote to leave the European Union. Talk of further stimulus in Japan, stronger-than-expected economic data in China on Friday, signs of progress in tackling a banking crisis in Italy and a quicker-than-anticipated appointment of a new ...