02062016Sat
Last update: Sat, 06 Feb 2016 06pm

Markets - Fixed Income

Markets - Fixed Income - Middle East & Africa

Yields on Egypt's 91-day and 266-day t-bills rise CAIRO: Yields on Egypt's three and nine-month treasury bills rose at Sunday's auction, data from the central bank showed. The average yield on Egypt's 91-day bill rose to 11.358 percent from 11.336 percent on Dec. 27 and the yield on the 266-day bill jumped to 11.859 from 11.796 percent in a similar auction on Dec 27. Copyright Reuters, 2016

Markets - Fixed Income - Europe

Russia announces lawsuit against Ukraine over default on $3bn debt MOSCOW: Russia's finance ministry said Friday it was suing Ukraine for defaulting on a $3-billion debt to Moscow, following an order by President Vladimir Putin. Kiev is "in a state of default" regarding its obligations toward Moscow and legal proceedings would ensue, the ministry said."Russia's finance ministry (...) has initiated procedures required for an immediate lawsuit against Ukraine," the statement said, adding that the lawsuit would be heard in a British court.Ukraine announced last month ...

Markets - Fixed Income - Europe

Russian foreign debt falls to $538.2bn on Oct. 1: central bank MOSCOW: The level of Russia's foreign debts fell to $538.2 billion on Oct. 1, down from $555.7 billion on July 1, the Russian central bank said on Friday. The Oct. 1 figure represents an upward revision compared with a previous estimate of $521.6 billion published in October. The central bank also said Russia ran a current account surplus of $7.5 billion in the third quarter, an upward revision from its previous estimate. Preliminary data published ...

Markets - Fixed Income - Europe

Russia to offer OFZ bonds worth 250bn roubles in Q1 MOSCOW: Russia's Finance Ministry said on Wednesday it plans to offer OFZ treasury bonds worth 250 billion roubles ($3.4 billion) at auctions in the first quarter 2016. It said it would offer 5-year bonds worth 70 billion roubles, 5- to 10-year bonds worth 110 billion roubles and 10-year bonds worth 70 billion roubles. Copyright Reuters, 2015

Markets - Fixed Income - Asia

Evergrande says to buy $3.2bn China property assets HONG KONG: Evergrande Real Estate Group Ltd said on Tuesday it has agreed to buy mainland property assets in cities including Shanghai and Beijing from the empire of Hong Kong tycoon Cheng Yu-tung for 20.4 billion yuan ($3.2 billion).Evergrande will buy a 60 percent stake in a commercial and residential development in Sichuan province and a project comprising hotel, residential and office buildings in Guizhou province from New World China Land Ltd, which is controlled ...

Markets - Fixed Income - Americas

Long-dated bond prices up after two-year auction, falling oil NEW YORK: US Treasuries prices rose on Monday in light and choppy trading after a solid two-year auction as falling oil prices stoked demand for longer-dated bonds.Strong investor demand at the Treasury's $26 billion two-year debt sale surprised many investors who expected short-dated issues to be under pressure after the Federal Reserve raised interest rates earlier this month."Going into the auction people were falling into the trap that the two-year is the most susceptible to ...

Markets - Fixed Income - Europe

German Bund yields dip as oil prices fall again LONDON: German Bund yields dipped on Monday as oil prices resumed their fall, keeping inflation expectations subdued and maintaining the prospect of further European Central Bank monetary policy easing.Oil prices have been one of the main drivers in euro zone debt markets, as long-term measures of the market's inflation expectations such as the five-year, five-year breakeven forward remain well below the ECB's target of just below 2 percent.The ECB cut its deposit rate further into ...