Just in:  

You are here: Home»Markets»Fixed Income

Markets - Fixed Income


ECB FRANKFURT: The European Central Bank chief economist Peter Praet said he was "very sceptical" of plan being put forward by Italian Prime Minister Mario Monti to use the ECB to buy bonds of debt-strained euro states, echoing the Bundesbank's criticism. "I am very sceptical about this proposal," Praet told German newspaper Financial Times Deutschland (FTD) in an interview published on Thursday. "The funds would guarantee part of the risks, and we would take the rest on our books." Copyright Reuters, 2012

Bunds extend falls, Italy debt recovers before auction  LONDON: German Bund futures extended falls in thin volumes on Wednesday with investors reluctant to increase their exposure to safe haven assets despite low expectations this week's EU summit would yield substantive plans to tackle the debt crisis. "We're still around recent ranges, the moves seem a bit exaggerated because there is no real flow behind them," one trader said. "Hopes (about the EU summit) are fading anyway ... We will be looking to buy on ...

Bunds little changed heading into EU summit  LONDON: German Bund futures opened little changed on Wednesday, with investors reluctant to increase their exposure to safe haven instruments despite fading hopes that an EU summit on Thursday will produce game-changing results. German Chancellor Angela Merkel squashed hopes for common euro zone bonds - seen by some economists as key to secure the future of the euro - on Tuesday, saying Europe would not share total debt liability for as long as she lived. But Germany ...

Two-year Italian bonds fall before supply, summit  LONDON: Two-year Italian government bonds came under pressure on Tuesday as the market readied to absorb a bout of supply this week and as skepticism set in before the European Union summit on Thursday. The Italian Treasury will offer up to 3 billion euros of zero coupon bonds and up to 1 billion euros of bonds linked to euro zone inflation later in the day. That will be followed by up to 5.5 billion euros of ...

Egypt to offer 3.5bn EGP in bonds  CAIRO: Egypt's Ministry of Finance will offer 3.5 billion Egyptian pounds ($578 million) in bonds at an auction on July 2, the central bank said on Monday. It will offer 1.5 billion pounds in reopened seven-year bonds maturing on April 3, 2019 with a coupon of 16.85 percent, and 2 billion pounds in three-year bonds maturing on July 3, 2015, the bank said. Settlement for the bonds, which the central bank is selling on behalf of the ...

Indian bonds rebound; RBI fails to boost confidence  MUMBAI: Indian federal bond yields fell on Monday after the country announced measures targeting debt markets such as boosting investment limits, but investors were still disappointed the government had not introduced bolder structural reforms. The measures taken included increasing the limit on foreign institutional investors in government bonds by $5 billion to $20 billion and reducing the lock-in period in some long-term infrastructure bonds to one year from three years. [ID: nI8E8G4012] Investors had expected more, including ...

Spanish, Italian yields rise on fading summit hopes  LONDON: Spanish and Italian government bond yields rose on Monday as hopes faded that a European Union summit later this week will produce game-changing measures to tackle the debt crisis. German Chancellor Angela Merkel agreed on Friday with leaders of France, Italy and Spain on a 130 billion euros ($156 billion) package to revive growth but resisted pressure for common euro zone bonds or a more flexible use of Europe's rescue funds. "Last week (there were) a ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

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