06302016Thu
Last update: Thu, 30 Jun 2016 10pm

Markets - Fixed Income

Markets - Fixed Income - Asia

JGBs tumble, yields rise off this week's record lows TOKYO: Japanese government bonds skidded on Friday, with yields soaring off record lows notched in the previous session and the superlong tenor bearing the brunt of the selling.The 20-year yield jumped 7.5 basis points to 0.170 after plumbing a record low 0.090 percent on Thursday. The 30-year yield rose 8.5 basis points to 0.230 percent, moving away from a record low 0.150 percent marked in the previous session.The 10-year JGB yield added 5.5 basis points to minus 0.150 percent. It had dropped to a record low of minus 0.210 percent on Thursday against a backdrop of growing fears that Britain could vote to leave the European Union in a June 23 referendum.Campaigning for the vote was halted after a British member of parliament was shot and fatally wounded on Thursday.June 10-year futures ended down 0.48 point at 152.25."We think JGBs were overbought, so we exited our position," said Tadashi Matsukawa, ...

Markets - Fixed Income - Middle East & Africa

Yields on Nigeria's local-currency bonds rise at auction LAGOS: Yields on Nigeria's naira-denominated bonds rose across the board at an auction on Wednesday, where about 112 billion naira ($563 million) worth of paper maturing in 2036, 2026 and 2020 was sold, the Debt Management Office (DMO) said on Thursday. The office said it had sold 50 billion naira of 2036 paper at 14.98 percent at Wednesday's auction, compared with 13.90 percent at the previous auction last month. It also sold 40 billion naira ...

Markets - Fixed Income - Middle East & Africa

Mauritius 4-year central bank note yield rises to 3.84pc PORT LOUIS: The weighted yield on a four-year Bank of Mauritius bond rose to 3.84 percent at auction on Thursday from 3.70 percent at the last sale on May 23, the central bank said. The bank sold all the 1.5 billion rupees ($42.40 million)worth of the debt it had offered. Bids received amounted to 1.965 billion rupees at yields ranging from 3.50 percent to 4.25 percent. The bond will mature on June 17, 2020, and ...

Markets - Fixed Income - Asia

JGBs off session highs after BOJ holds policy steady TOKYO: Japanese government bond yields edged away from record lows hit earlier in the session on Thursday, after the Bank of Japan decided not to expand its massive stimulus programme.The BOJ held monetary policy steady as expected at the conclusion of its two-day meeting, lifting the yen and sending Tokyo stocks down 2 percent.The central bank maintained its negative interest rate policy adopted in February, which has pushed yields on most JGBs below zero. Most ...

Markets - Fixed Income - Americas

Yields little moved as investors position for Fed NEW YORK: US Treasury yields were little changed on Wednesday as investors looked to square positions ahead of a spate of potentially market-moving events that include two central bank meetings this week and a vote in Britain on whether to leave the European Union next week.Yields remained near their late Tuesday levels, just above four-month lows, as the market was little moved by stronger-than-expected US producer price index data and a survey from the New ...

Markets - Fixed Income - Middle East & Africa

Yields on Uganda's 3-year Treasury bond falls at auction KAMPALA: The yield on Uganda's three-year Treasury bond fell while the yield on the 10-year bond climbed at auction on Wednesday where a combined total of 150 billion shillings ($44.91 million) worth of debt was on offer.The weighted average yield on the three-year bond declined to 17.420 percent, compared with 18.619 percent at the last sale on February 25.The rate on the ten-year bond climbed to 17.631 percent from 16.991 percent at the last auction ...

Markets - Fixed Income - Europe

Portugal sells 1bn euros of T-bills, borrowing costs rise LISBON: Portugal's short-term borrowing costs rose in a Treasury bill auction on Wednesday after a recent jump in the euro zone periphery's debt yields due to concerns that Britain might vote to leave the European Union next week. Copyright Reuters, 2016