08242016Wed
Last update: Wed, 24 Aug 2016 09am

Markets - Fixed Income

Markets - Fixed Income - Americas

US bond prices fall on stocks, corporate supply NEW YORK: US Treasury prices fell on Monday, with benchmark yields rising from near two-week lows as hopes of more overseas central bank stimuli stoked demand for stocks and other risky assets, reducing demand for low-yielding government debt.Hedging linked to this week's corporate bond supply also spurred selling in Treasuries, analysts said.Higher oil prices, boosted by hopes producers would act to stabilize the market, together with bets the Bank of Japan may provide more measures to help its economy in the wake of disappointing domestic growth and inflation data, propelled Wall Street's three major indexes to all-time highs."There is a bit of risk-on sentiment with the S&P at arecord high. There is also some corporate bond hedging," said Karl Haeling, vice president at Landesbank Baden-Wurttemberg in New York.On light trading volume, benchmark 10-year Treasury notes were down 7/32 in price with a yield of 1.541 percent, up 2 basis points ...

Markets - Fixed Income - Middle East & Africa

Kenya 91-day T-bill yield rises to 8.541pc at auction NAIROBI: The weighted average yield on Kenya's 91-day Treasury bills rose to 8.541 percent at auction on Thursday from 8.349 percent last week, the central bank said. The bank offered bills worth 4 billion shillings ($39.46 million) and received bids worth 14 billion shillings. It accepted bids worth 11.55 billion shillings.The bank said it would offer 91-day, 182-day and 364-day bills worth 16 billion shillings next week. Copyright Reuters, 2016

Markets - Fixed Income - Americas

US bond prices fall before 30-year auction NEW YORK: US Treasury prices fell on Thursday as investors reduced their bond holdings in advance of a $15 billion sale of 30-year bonds, the final leg of the government's $62 billion quarterly refunding this week.The 30-year bond sale follows solid demand at the three-year and 10-year auctions earlier this week.The Treasuries market was also under pressure from a wave of corporate bond supply. Companies have raised nearly $30 billion in investment-grade debt this week, ...

Markets - Fixed Income - Americas

Demand rebounds for US 10-year note supply NEW YORK: Demand for $23 billion of US 10-year Treasury note supply on Wednesday rebounded from its weakest level set in July, as investors loaded up on this debt issue due to intense global demand for longer-dated bonds, Treasury data showed.The latest 10-year Treasury supply was the second leg of the government's quarterly refunding, in which it will raise $13.8 billion of new cash and repay $48.2 billion to bondholders. The ratio of bids to ...

Markets - Fixed Income - Middle East & Africa

Yields rise on Kenya's 182-day, 364-day T-bills NAIROBI: The weighted average yield on Kenya's 364-day Treasury bill rose to 11.684 percent from 11.405 percent at auction on Wednesday, while the yield on the 182-day bill climbed to 10.811 percent from 10.696 percent, the central bank said. It offered bills worth a total of 12 billion shillings ($118.34 million) and received bids worth 15.35 billion shillings, while accepting bids worth 10.60 billion shillings. The bank said it would offer 91-day, 182-day and 364-day ...

Markets - Fixed Income - Middle East & Africa

Yield on Uganda's two-year bonds climbs at auction KAMPALA: The yield on Uganda's two-year Treasury bonds rose at a central bank auction on Wednesday, while the rate on the five-year bond fell.The weighted average yield on the two-year bonds climbed to 16.625 percent from 15.858 percent at the last sale on May 18. The rate on the five-year notes edged down to 16.500 percent from 17.217 percent at the last auction on July 13. Copyright Reuters, 2016

Markets - Fixed Income - Europe

Greece rolls over 3-month T-bills, yield steady ATHENS: Greece sold 1.138 billion euros ($1.27 billion) of three-month treasury bills to refinance a maturing issue, the country's debt agency PDMA said on Wednesday. The debt agency sold the new paper at a yield of 2.70 percent, unchanged from a previous sale last month. The amount raised included 262.5 million euros in non-competitive bids.In a rollover T-bill, holders renew their positions instead of getting paid on the maturing paper they hold.The sale's bid-to-cover ratio ...