Just in:  

You are here: Home»Markets»Fixed Income

Markets - Fixed Income


Bunds fall from six-week high; investors eye Spain  LONDON: German Bund futures opened lower on Thursday after hitting their highest in six weeks in the previous session and as a strong performance in US and Asian stocks overnight took the shine off the safe-haven asset. Spain takes the limelight later this session with a 2-3 billion euro sale of three issues of two- to seven-year debt. Short-term T-bill yields dropped from a month earlier at an auction on Tuesday and recent price cheapening was expected to help the bond sale, but yields are seen rising as investors remain unconvinced of the country's ability to control its finances.. "There was good concession put in yesterday. They will get away with long tails," a trader said. The tail is the difference between the lowest and the average bid and is an indicator of the quality of the bidding at a sale. The German Bund future was down 14 ticks on the day at 145.20, having ...

Bund futures slip before zero coupon debt sale  LONDON: Bund futures fell at the open on Wednesday with traders cautious before a German bond auction which could see investors paying Berlin a premium for the first time ever to park their cash in its two-year paper. German two-year bond yields are already in negative territory in the secondary market and it would be the first time such paper would attract a negative yield at auction. The counry will sell up to 5 billion euros of ...

South bond yields ease before inflation data  JOHANNESBURG: South African government bond yields tracked lower on Wednesday, pushed down by more offshore buying and domestic market expectations of a moderation in inflation that may allow the central bank room to cut interest rates this year. The rand was slightly weaker at 8.1872/dolar at 0630 GMT compared to a 8.1685 close in New York, and dealers said it would trade in a 8.16-8.24 range ahead of a central bank interest rate decision on Thursday. The ...

Turkish bonds firm ahead of rate meeting  ISTANBUL: Turkish bonds firmed on Tuesday although gains were limited in cautious trade ahead of Thursday's central bank meeting, at which some economists say the bank could trim its lending rate. The lira turned negative against the dollar after Federal Reserve Chairman Ben Bernanke, in testimony to Congress, offered few new clues to whether the US central bank was moving closer to a fresh round of monetary stimulus, repeating the Fed's pledge to act if needed. The ...

Domestic investors help push South African bond yields lower  JOHANNESBURG: South African government bond yields continued their decline on Tuesday, with the return on three-year bonds hitting a record low, as domestic investors join foreigners in the hunt for yield. The rand weakened slightly against the dollar as the market digested US Federal Reserve chairman Ben Bernanke's promise of further stimulus for the sluggish US economy if needed, though he provided no specific details. At 1538 GMT, the rand was down 0.2 percent against the dollar, ...

Italian short term debt rallies, but relief seen brief  LONDON: Italian short-term government bonds rose on Tuesday as investors' choices for euro zone debt offering meaningful returns become fewer, but underlying worries about the bloc's debt crisis were likely to cap further gains. The European Central Bank's cut in interest rates to record lows earlier this month and investors' preference for safe haven assets have pushed German and Dutch two-year yields into negative territory in recent days, while French, Austrian and Belgian yields traded just ...

Turkish lira, bonds firm ahead of rate meeting ISTANBUL: Turkish bonds and the lira firmed on Tuesday but with gains limited by caution ahead of Thursday's central bank rate-setting meeting where some economists say the bank could trim its lending rate. Investor attention was also focused on US Federal Reserve Chairman Ben Bernanke's view on the US economy later on Tuesday. The lira firmed to 1.8070 against the dollar by 0850 GMT from 1.8140 on Monday. Against its euro-dollar basket the lira was steady at ...


Index Closing Chg%
Arrow DJIA 17,719.00 0.19
Arrow Nasdaq 4,701.87 0.56
Arrow S&P 2,052.75 0.20
Arrow FTSE 6,678.90 0.26
Arrow DAX 9,483.97 0.12
Arrow CAC-40 4,234.21 0.75
Arrow Nikkei 17,300.86 0.07
Arrow H.Seng 23,349.64 0.10
Arrow Sensex 28,067.56 0.12

Banking Review 2013

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