01182017Wed
Last update: Wed, 18 Jan 2017 11pm

Markets - Fixed Income

Markets - Fixed Income - Asia

India bonds yields fall to near one-month low as govt cuts borrowing MUMBAI: Indian bonds rallied on Tuesday, with yields falling to the lowest levels in nearly a month, after the government reduced the amount of bond sales in January and February after a recent surge in inflows into a government-run deposits scheme. The government will sell 660 billion rupees ($9.69 billion)in debt in January and February, the central bank said in a statement on Monday, or 180 billion rupees less than previously budgeted.The reduced borrowing had been expected after the government's move in November to ban 500 and 1,000 rupee notes sparked a surge in those bills into postal office deposits, swelling state coffers just as New Delhi gears up to announce its annual budget sometime in February.The 10-year benchmark bond yield fell 6 basis points to 6.34 percent. It had dropped to 6.29 percent earlier in the day, its lowest since Dec. 7.The 10-year bond yield had already fallen 11 ...

Markets - Fixed Income - Europe

Greece to auction 1.25bn euros of 6-month T-bills on Jan. 4 ATHENS: Greece will sell 1.25 billion euros ($1.32 billion) of six-month treasury bills on January 4 to refinance a maturing issue, debt agency PDMA said on Friday. Athens successfully rolled over six-month T-bills earlier this month, with the paper priced to yield 2.97 percent. In a rollover, T-bill holders renew their positions instead of getting paid on the maturing paper they hold. The settlement date of the new bills will be January 9. Only primary ...

Markets - Fixed Income - Asia

China's yuan suffers biggest one-year loss since 1994 SHANGHAI: China's yuan strengthened against the dollar on Friday, but was on track for its biggest annual loss since 1994, which would make it the worst performing major Asian currency this year.The yuan, which has reached an 8-1/2 year low, was on course to shed nearly 7 percent against the dollar in 2016.Many market watchers expect the yuan to recoil further next year if President-elect Donald Trump's policies stoke stronger US economic growth and higher ...

Markets - Fixed Income - Middle East & Africa

Yields rise on Egypt's three, nine-month T-bills in weekly auction CAIRO: Yields on Egypt's three- and nine-month treasury bills rose at an auction on Thursday, central bank data showed. Yields on the 91-day bill rose to an average of 19.155 percent from 19.036 percent at the previous auction. Yields on the 266-day bill rose to 19.924 percent from 19.411 percent. Copyright Reuters, 2016

Markets - Fixed Income - Asia

JGBs firm as investors await BOJ's January purchase plans TOKYO: Japanese government bonds firmed on Thursday, getting a lift from stronger U.S. Treasuries, as investors geared up for the long New Year's holiday and awaited details of the Bank of Japan's purchase plans for next month.The benchmark 10-year yield edged down 1 basis point (bp) to 0.045 percent, while 10-year JGB futures ended up 0.31 point at 150.25.A well-bid 5-year U.S. note auction on Wednesday helped push benchmark U.S. Treasury yields to their lowest ...

Markets - Fixed Income - Asia

JGBs stable as BOJ adjusts buying operation in thin market TOKYO: Japanese government bonds were steady in thin trade on Wednesday in the waning days of the year, while prices of longer maturities edged down slightly as the Bank of Japan adjusted its purchases in its bond-buying operations.A senior BOJ official said the buying adjustment marked a return to the status quo, after the central bank increased its purchases earlier this month to address rising yields."After the increase in the middle of this month, taking ...

Markets - Fixed Income - Asia

JGBs edge lower, BOJ skips debt buying operation TOKYO: Japanese government bond prices edged lower on Monday, with the market weighed down as the Bank of Japan refrained from conducting a regular debt purchasing operation.The two-year JGB yield rose half a basis point to minus 0.180 percent, while the 30-year yield climbed 1 basis point to 0.680 percent.Trade was subdued as JGBs lacked the usual leads from equities and currencies as many major financial markets were closed on Monday for Christmas holidays.Copyright Reuters, ...