Just in:  

You are here: Home»Markets»Fixed Income

Markets - Fixed Income


India central bank says conducted bond switch for 88bn rupees MUMBAI: The Indian government bought back 88 billion rupees ($1.42 billion) of bonds maturing in the fiscal years 2015/16 and 2016/17 and sold an equivalent amount of bonds maturing in 2026/27, 2030/31, the central bank said in a release on Monday.The so-called bond switch programme is being conducted by the government to reduce the burden of bunched-up bond redemptions in the short term. The switch was done on Feb. 18 with a commercial bank, the Reserve Bank of India said.The 2014/15 budget had provided for 500 billion rupees of bond switches, of which the government has bought back 188 billion rupees of bonds in the current financial year ending in March, the RBI said.Copyright Reuters, 2015

Russia 5-yr CDS rise to one-week high after Moody's cut to junk LONDON: Russian debt insurance costs rose on Monday in the credit default swaps (CDS) market after Moody's became the second ratings agency to cut the country's sovereign rating to junk.Data from Market showed five-year CDS raised 31 basis points versus Friday's close to a one-week high of 524 bps.Moody's downgraded Russia's sovereign rating to Ba1 from Baa3, citing the impact from the Ukraine crisis as well as the steep fall in oil prices and the ...

Bund futures fall, Italian BTP futures rise after Greek deal LONDON: German Bund futures fell, while BTP futures rose on Monday after Greece agreed a conditional financial rescue with Europe.The deal, subject to Greece passing reform promises and reached after its new government made big concessions, eases concerns about Athens leaving the euro zone, something investors had perceived as a nagging outside risk.Bund futures fell 29 ticks to 158.53, reflecting reduced appetite for low-yielding assets perceived as safe. Italian BTP futures raised 34 ticks to ...

Greek yields fall before meeting on debt deal LONDON: Greek bond yields pushed lower on Friday on hopes euro zone finance ministers will eventually agree a deal on a loan agreement that will help Greece avoid bankruptcy. Greece sought an extension of its current loan agreement on Thursday, but it rejects any deal that would maintain previously agreed austerity measures.That has put it on a collision course with Germany. Germany said Greece's proposal was "not a substantial solution" because it did not commit ...

Periphery bond yields drop as Greece softens stance on bailout deal LONDON: Yields on lower-rated euro zone bonds slid on Thursday after Greece asked its EU lenders for a six-month loan extension and pledged to honour all its debts, even though Germany immediately rejected its proposal.In a document seen by Reuters, Greece appeared to have moved substantially toward the position taken by euro zone finance ministers in negotiations on Monday that ended without a deal as Athens vowed to ditch the 240-billion euro bailout programme.The German ...

South African govt bonds weaken on Greek debt woes, rand steady JOHANNESBURG: South African government bonds weakened on Wednesday and the rand held steady against the dollar with investors wary of the uncertainty over Greece's debt negotiations with its creditors.The yield on the 2026 benchmark instrument rose 8 basis point to 7.695 percent at 1510 GMT, its highest in six weeks. "There is a lot of fluctuation in the euro zone, Greece bonds due to the uncertainty," said Marten Banninga, head of bond trading at WWC ...

Mauritius 5-year Treasury bond yield falls to 4.11pc PORT LOUIS: Mauritius' five-year Treasury bonds fetched a weighted average yield of 4.11 percent on Wednesday, down from 4.68 percent at the last auction on December 17, the central bank said. The Bank of Mauritius sold all the 1.5 billion rupees ($45.18 million) of debt it had offered. Bids totalled 4.355 billion rupees with yields ranging from 3.99 to 5.33 percent. The coupon rate was 3.95 percent. Copyright Reuters, 2015


Index Closing Chg%
Arrow DJIA 18,288.63 0.86
Arrow Nasdaq 5,008.10 0.90
Arrow S&P 2,117.39 0.61
Arrow FTSE 6,940.64 0.09
Arrow DAX 11,410.36 0.08
Arrow CAC-40 4,917.32 0.69
Arrow Nikkei 18,826.88 0.15
Arrow H.Seng 24,887.44 0.15
Arrow Sensex 29,459.14 0.33

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln