02062016Sat
Last update: Sat, 06 Feb 2016 08pm

Markets - Fixed Income

Markets - Fixed Income - Americas

Argentina offers $6.5bn to 'holdout' creditors NEW YORK: Argentina's new government has offered $6.5 billion to settle its long debt battle with "holdout" creditors, US mediator Daniel Pollack said Friday.The offer was made in New York talks with hedge funds and other creditors who have demanded repayment of about $9 billion on bonds the country defaulted on 15 years ago.Copyright AFP (Agence France-Presse), 2016

Markets - Fixed Income - Europe

Poland sells 7.5bn zlotys bonds at auction WARSAW: Poland sold a total of 7.5 billion zlotys ($1.90 billion) in zero-coupon bonds due October 2018 and fixed-rate bonds due July 2026, the finance ministry said in a statement on Thursday. This consisted of 3.64 billion zlotys in the zero-coupon bond and 3.86 billion in the bond due 2026. Details of the auction are available at the ministry's pages in the Reuters system. Copyright Reuters, 2016

Markets - Fixed Income - Europe

UK 5-year gilt yield hits lowest since 2013 ahead of BoE outlook LONDON: British five-year gilt yields fell to their lowest level since mid-2013 on Wednesday, after weak U.S. economic data underlined why Bank of England officials are likely to strike a cautious tone in their latest economic outlook.Government bonds around the world rallied after figures showed activity in the vast U.S. services sector slowed to its lowest in nearly two years last month, suggesting economic growth weakened in the world's largest economy.The five-year gilt yield slipped ...

Markets - Fixed Income - Americas

US Treasury cuts coupon offerings for Q1 WASHINGTON: The US Treasury said on Wednesday it will reduce the offering size of coupon securities across the board during the first quarter in order to increase the level of Treasury bills it offers. The department said there will be a reduction of $1 billion to each of the next five-year, seven-year, 10-year and 30-year nominal coupon offering sizes, for both new issues and reopenings. The changes will take effect with the 10- and 30-year ...

Markets - Fixed Income - Asia

Indonesia sells 15 trillion rupiah of bonds at auction, above target JAKARTA: Indonesia's finance ministry sold 15 trillion rupiah ($1.10 billion) worth of bonds at an auction on Tuesday, above the indicative target of 12 trillion rupiah.Total incoming bids were 34.64 trillion rupiah.The highest bid-to-cover ratio was 3.82 for the three-month T-bills.Following are results of the auction. Bids are in trillions of rupiah, yields are in percent. Copyright Reuters, 2016

Markets - Fixed Income - Americas

Yields drop to nine-month lows as oil prices resume slide NEW YORK: US Treasury yields fell to nine-month lows on Tuesday on safety buying as oil prices resumed their slide, with investors also focused on a closely watched employment report on Friday for signs about the strength of the US economy. Volatile oil and stock prices have boosted demand for safe-haven bonds in recent weeks. Oil fell around 4 percent on Tuesday, dented by worries about the demand outlook and rising supply, while hopes for ...

Markets - Fixed Income - Europe

Russia aims to get at least 110 bln rbls in extra dividends from state firms in 2016 MOSCOW: Russia's state property agency has proposed to increase dividend payments by state firms this year in order to get no less than 110 billion roubles ($1.4 billion) in extra budget revenues if the decision is approved, said agency head Olga Dergunova."As you know, 25 percent is a standard (divident payment), and state firms do not pay less than this amount to the budget. We have proposed to increase this percentage this year, and if ...