01172017Tue
Last update: Tue, 17 Jan 2017 03pm

Markets - Fixed Income

Markets - Fixed Income - Middle East & Africa

Nigeria to sell 83bn naira in treasury bills next week LAGOS: Nigeria plans to sell 83.24 billion naira ($264.25 million) in short-dated treasury bills at an auction on Dec. 22, the central bank said on Tuesday. The bank said it will sell 28.12 billion naira in three-month papers and 55.12 billion naira in six-month bills, using the Dutch Auction system. Payment would be made the day after the auction. Nigeria issues treasury bills to fund its budget deficit, manage banking system liquidity and curb rising inflation. Copyright Reuters, 2016

Markets - Fixed Income - Europe

Italian-German yield gap narrows on bank clean-up efforts LONDON: The premium over Germany that Italy pays to borrow in bond markets fell to its lowest in over a month on Tuesday as UniCredit announced Italy's biggest ever share sale in the latest bid to clean up its banking sector. The country's largest bank said it would raise 13 billion euros ($13.8 billion) to bolster its balance sheet, while new premier Paolo Gentiloni said he would be ready to support the banking sector as ...

Markets - Fixed Income - Americas

US yield rise takes a breather ahead of Fed rate decision NEW YORK: US Treasury yields slipped on Tuesday, consolidating recent gains ahead of a widely-expected interest rate increase from the Federal Reserve."With the passage of event risk such as the ECB (European Central Bank) decision last week and the conclusion of the Fed meeting tomorrow, the prospect is for more consolidation in Treasuries. That's what's happening right now," said Bruno Braizinha, interest rates strategist at Societe Generale in New York.On Monday, benchmark US 10-year yields ...

Markets - Fixed Income - Europe

Yields on Belgian 3-month treasuries at new low BRUSSELS: Belgium sold 1.7 billion euros ($1.80 billion) of short-term debt at an auction of three- and 12-month treasury bills on Tuesday, with yields for the shortest maturity falling to new lows, the country's debt agency said. Three-month paper, the most frequently auctioned maturity, fell to a fresh low of minus 0.789 percent from a previous yield of minus 0.751 percent. 12-month treasury bills sold for a yield of minus 0.683 percent, slightly up from ...

Markets - Fixed Income - Asia

JGBs slip as market absorbs fresh supply of 5-year debt TOKYO: Japanese government bond prices slipped on Tuesday as the market absorbed a fresh supply of five-year debt.The benchmark 10-year yield was up half a basis point at 0.075 percent, not far from a 10-month peak of 0.080 percent marked the previous day when it accompanied a surge in U.S. Treasury yields.The five-year yield was up a basis point at minus 0.075 percent. The yield did manage to pull back from minus 0.070 percent after ...

Markets - Fixed Income - Europe

Euro zone bond yields fall as 'lower-for-longer' ECB brings comfort LONDON: Euro zone government bond yields fell on Friday as the market recovered from the shock of the ECB continuing its stimulus programme at reduced levels next year and shifted its focus to the bond-buying remaining in place for some time. The European Central Bank on Thursday said it would trim its monthly asset purchases to 60 billion euros from 80 billion euros from April, triggering a bond market sell-off as investors read the move ...

Markets - Fixed Income - Asia

JGB yield curve slightly flatter, 30-year auction brings relief TOKYO: The Japanese government bond yield curve flattened a touch on Thursday on relief after an auction of 30-year debt managed to attract some demand after early indications had suggested a weaker outcome.The benchmark 10-year yield was up half a basis point at 0.035 percent, but off an earlier high of 0.040 percent. The 20-year yield was down 0.5 basis point at 0.500 percent.The 800 billion yen ($7.06 billion) 30-year auction results were not particularly ...