All
 

 

Just in:  

You are here: Home»Markets»Fixed Income

Markets - Fixed Income

Archive

Egypt sold $1.796bn of dollar-denominated T-bills CAIRO: Egypt's central bank said it sold $1.796 billion in one-year dollar-denominated treasury bills to local banks and foreign financial institutions on Monday, more than the bank had expected when it announced the auction. The government has relied mainly on the local money market to finance its public deficit since a popular uprising in early 2011 that deterred many foreign investors. Announcing thhe auction last Thursday, the central bank said it intended to sell $1.75 billion of dollar-denominated bills. The sale rolls over an expiring T-bill, two traders at Egyptian banks and a government source said. Egypt last issued a dollar-denominated bill in June. Last Monday it sold 734.3 million euros ($919 million) in euro-denominated one-year treasury bills, exceeding its plans to sell 650 million euros. The average yield was 1.894 percent. Copyright Reuters, 2014


China 50-year fin min bonds yield at 4.24pc, within forecasts SHANGHAI: China's Ministry of Finance auctioned 26 billion yuan ($4.25 billion) of 50-year bonds in the interbank market on Friday at an average yield of 4.24 percent, traders said, within expectation.Market forecasts had centred around 4.32 percent and ranged from 4.22 to 4.50 percent. The auction yield came in below Thursday's benchmark secondary market yield of 4.2771 percent for 50-year government bonds. Copyright Reuters, 2014

UK gilts hit five-week high on global economy worries LONDON: British government bond prices hit their highest level in more than a month on Thursday, boosted by gloomy business surveys from the euro zone and China that sounded warning bells for the global economy.As global equities retreated sharply, the 10-year gilt troughed at 2.072 percent, its lowest level since Oct. 16.At 1505 GMT it was at 2.0 percent - down around 5 basis points on the day and on track for its biggest fall ...

German bond yields dip after PMI miss, ECB stimulus bets firm LONDON: German bond yields dipped on Thursday as disappointing business activity data fed demand for safe-haven assets and firmed up bets that the European Central Bank will adopt more stimulus measures.Markit's Composite Flash Purchasing Managers' Index for the euro zone, seen as a good growth indicator, fell to 51.4 in November, missing the lowest forecast in a Reuters poll. New orders dropped for the first time in over a year.The weak outlook prompted some investors ...

Indian bonds steady after central bank adviser comments; hopes of rate cut grow MUMBAI: Indian government bonds pared all losses to end little changed on Thursday, after Bloomberg quoted a central bank adviser as calling for an interest rate cut, while the continued fall in global crude oil prices also aided sentiment.Bloomberg quoted Arvind Virmani, a member of the central bank's external advisory committee, as saying "the time for easing monetary policy has arrived" due to easing consumer inflation.Hopes the Reserve Bank of India will cut interest rates ...

Bund yields rise amid UK, US rate hike hints LONDON: German Bund yields rose on Wednesday after Bank of England minutes and data hinting at a rebound in the U.S. housing market provided evidence that a rate hike in both the UK and the U.S. could be on the cards.Bond traders and brokers said the move was exacerbated by pressure on the Bund future which traded through a technical level, prompting some investors to automatically sell."The BoE minutes were quite hawkish and maybe they ...

Indian bonds snap 2-day winning streak on profit-taking; trend bullish MUMBAI: Indian government bonds fell on Wednesday, snapping a two-day winning streak as investors booked profits even as sentiment remained broadly positive due to a continued fall in crude prices.Traders said bonds would continue to be supported by hopes the Reserve Bank of India will cut interest rates by as early as February. The central bank's next policy review is on Dec. 2 when it is expected to adopt a more dovish tone.Foreign investors have ...


 



 
Index Closing Chg%
Arrow DJIA 17,827.75 0.07
Arrow Nasdaq 4,787.32 0.61
Arrow S&P 2,072.83 0.28
Arrow FTSE 6,729.17 0.03
Arrow DAX 9,915.56 0.55
Arrow CAC-40 4,373.42 0.20
Arrow Nikkei 17,383.58 0.14
Arrow H.Seng 24,111.98 1.12
Arrow Sensex 28,386.19 0.17






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln