09272016Tue
Last update: Tue, 27 Sep 2016 05pm

Markets - Fixed Income

Markets - Fixed Income - Europe

UK gilts jump nearly 40 ticks after weaker BoE gilt buyback LONDON: British government bond prices jumped on Tuesday after the Bank of England received fewer offers for its purchase of long-dated gilts than last week under its latest plan to give the country's economy a boost. The BoE said it received an offer-to-cover ratio of 1.54 as it bought 1.17 billion pounds of gilts with maturities of 15-years and longer, down from 2.67 at its previous buyback for similar gilts last week. Copyright Reuters, 2016

Markets - Fixed Income - Europe

German yields fall after Bank of England bond-buying sees weaker demand LONDON: German 10-year bond yields fell to a one-week low on Tuesday after the Bank of England saw weak demand when it attempted to buy long-dated bonds under its relaunched quantitative easing scheme.The fall tracked moves in British bonds as the reverse auction hinted at an unwillingness for investors to sell debt that could prove problematic for the central bank's stimulus programme.German 10-year yields reversed an earlier rise and were down 2 basis points on ...

Markets - Fixed Income - Asia

China 10-year Dec treasury futures price down most in 3 months SHANGHAI: The price of Chinese 10-year treasury futures for December delivery fell 0.38 percent on Tuesday, the most in more than 3 months, after the central bank queried banks about demand for 14-day reverse repos for the first time since February. Industry sources said that aside from market liquidity, ongoing worries about leverage and regulation were affecting sentiment.Copyright Reuters, 2016

Markets - Fixed Income - Asia

South Korea treasury bond issuance in 2017 to be less than this year SEOUL: South Korea's treasury bond issuance next year is likely to be less than the amount planned for this year thanks to tax revenue exceeding estimates, finance ministry officials told Reuters on Monday. "Next year's debt-financing bond issuance will be much less than this year's, resulting in an overall smaller treasury bond issuance in 2017 as tax collection has been good," said a finance ministry official, who declined to be named.This year, 41.4 trillion won ...

Markets - Fixed Income - Middle East & Africa

Egypt T-bill yields mixed at Sunday's auction CAIRO: Yields on Egypt's three-month treasury bills dropped while yields on the nine-month bills rose at Sunday's auction, data from the central bank showed. The average yield on the 91-day bill dropped to 14.035 percent from 14.154 percent at the last auction on August 14. The 273-day bill rose to 15.969 percent from 15.889 percent at a similar auction a week ago. Copyright Reuters, 2016

Markets - Fixed Income - Americas

US bond prices fall on profit-taking NEW YORK: US Treasury prices fell on Friday as traders booked profits on recent gains ahead of next week's government debt supply and a meeting of global central bankers where Federal Reserve Chair Janet Yellen is scheduled to speak.The US Treasury Department will sell a combined $88 billion in two-year, five-year and seven-year notes next week.Weaker sovereign bond prices in Europe also exerted downward pressure on their US counterparts on light volume and in the ...

Markets - Fixed Income - Asia

China money rates slip on week, Treasury yields rise from 7-year lows SHANGHAI: China's primary money rates fell this week, but Treasury yields rose from seven-year lows as investors took profits from bonds' recent rally.The volume-weighted average rate of the benchmark seven-day repo traded in the interbank market, considered the best indicator of general liquidity in China, was 2.2555 percent, down seven basis points (bps) on the week.The central bank kept short rates steady this week with its second consecutive net fund injection through open markets.After touching ...