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Last update: Sat, 01 Oct 2016 03pm

Markets - Fixed Income

Markets - Fixed Income - Americas

US yields climb as Deutsche Bank shares, equities rally NEW YORK: US Treasury debt yields rose on Friday as risk appetite improved with the rebound in Deutsche Bank share prices and the release of generally solid US economic data that keeps the Federal Reserve on track to raise interest rates in December.US 30-year bond yields, which move inversely to prices, hit a one-week high, while US two-year notes rebounded from six-week lows to trade nearly two basis points higher on the day.A report that Deutsche Bank was close to a cut-price settlement with US authorities over the sale of toxic mortgage bonds helped fuel a recovery in its shares, and its chief executive said the group remained stable.The German lender's shares ended up 6.4 percent in Europe, while its American Depositary Receipts (ADRs) were up 15 percent, after plunging 7 percent the previous session."Deutsche Bank closed the week on a strong note, but its struggles will leave an impact ...

Markets - Fixed Income - Middle East & Africa

Nigeria to raise 129.6bn naira in treasury bills next week LAGOS: Nigeria plans to raise 129.67 billion naira ($403.01 million) in short-dated treasury bills at an auction next Wednesday, the central bank said on Friday. The bank said it would raise 28 billion naira in three-month paper, 33.49 billion naira in six-month bills and 68.18 billion naira in one-year bills. Payment for the purchases will be made on Thursday, the bank said in a public notice. Nigeria issues treasury bills to raise cash to fund ...

Markets - Fixed Income - Europe

France to sell up to 7.5bn euros of bonds next week, including 50 years PARIS: France will sell between 6.5-7.5 billion euros of bonds at its October long-term bond auction next Thursday, including its ultra-long 50-year bond, the Agence France Tresor public debt management agency said. The three lines of offer will be AFT's 0.25 percent OAT maturing November 2026, its 1.50 percent May 2031 OAT and the 1.75 percent May 2066 bond.Copyright Reuters, 2016

Markets - Fixed Income - Europe

Finland to conduct one or two tap auctions in the fourth quarter of 2016 HELSINKI: Finland's state treasury said on Friday it expected to arrange one or two tap auctions of existing euro benchmark bond lines in the last quarter of 2016. The treasury said in its quarterly review that Finland's borrowing requirement for 2016 remained unchanged at 5.7 billion euros. Adding redemptions, the gross funding requirement for the year is 20.2 billion euros.On Tuesday Finland became the third euro zone sovereign to see its 10-year borrowing costs turn ...

Markets - Fixed Income - Asia

JGBs mostly slip after lacklustre 2-year sale, surging stocks TOKYO: Japanese government bonds mostly slipped on Thursday, as equities rallied and demand at a two-year auction was modestly weaker than last month's sale of that maturity.The benchmark 10-year JGB yield added 1 basis point (bp) to minus 0.085 percent, while December 10-year futures ended down 0.05 point at 152.31.Some bargain-hunting emerged in superlong maturities, with the 30-year yield shedding 2 bps to 0.435 percent in afternoon trading, while the 40-year yield fell 2.5 bps ...

Markets - Fixed Income - Americas

US yields inch higher on OPEC news, but downtrend intact NEW YORK: US long-dated Treasury debt yields edged higher on Wednesday, boosted by a Reuters report that OPEC has reached a deal to limit oil production, with the agreement to be implemented in November.US crude futures and Wall Street shares rose on the news, boosting risk sentiment.According to sources, OPEC agreed to limit oil output to 32.5 million barrels per day.But despite the recovery, US yields, which move inversely to prices, are still in the ...

Markets - Fixed Income - Americas

US yields flat to higher as risk appetite improves NEW YORK: US long-dated Treasury debt yields on Wednesday edged higher from three-week lows hit the previous session, as risk aversion eased with a recovery in Deutsche Bank's share price and more stable global stocks.Investors awaited Federal Reserve Chair Janet Yellen's testimony before a Congressional committee, which will be closely watched for any indication on the timing of the next interest rate hike. The Fed last week kept rates steady but flagged a December move.David ...