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Last update: Sun, 11 Dec 2016 06pm

Markets - Fixed Income

Markets - Fixed Income - Europe

Yields fall at Belgian long-term debt auction BRUSSELS: Belgium sold 1.8 billion euros ($1.96 billion) of medium- and long-term debt at an auction of linear bonds (OLOs) on Monday, the country's debt agency said, with yield for the benchmark 10-year bond falling. At the sale, which brought in an amount at the top of the range the agency had set previously, the 10-year benchmark sold for a yield of 0.192 percent, down from the 0.240 percent at the last auction of this maturity in September.The 15-year benchmark also dropped slightly, selling for a yield of 0.567 percent from the 0.573 percent in July.Belgium also sold a non-benchmark June 2045 bond, whose yield fell to 1.003 percent from 1.136 percent in September.Last week the agency raised its 2016 target for OLO bonds to 36.50 billion euros, up from 33.50 billion previously. With Monday's auction it has raised 34.7 billion euros this year.Belgium has scheduled one more auction this ...

Markets - Fixed Income - Asia

Chinese 10-year treasury futures sell off by most since August SHANGHAI: Chinese ten-year treasury futures for December delivery sold off on Monday by the most since August, as investors took profits after a sharp run-up in government debt and traders eyed tighter liquidity as a result of suspected currency market intervention to support the yuan. Xia Haojie, bond futures analyst at Guosen Futures, said the market is expecting the central bank will gradually turn to a tighter monetary policy, which would help ease depreciation pressure."There's ...

Markets - Fixed Income - Asia

JGBs edge down as 20-year sale awaited TOKYO: Japanese government bonds were mostly down on Monday in quiet trade ahead of a 20-year sale.The benchmark 10-year JGB yield added half a basis point (bp) to minus 0.055 percent, while December 10-year futures were down 0.13 point at 151.69 in afternoon trading.Prices in the superlong zone were steady, with the 20-year JGB yield flat at 0.380 percent and the 30-year yield also unchanged at 0.495 percent.The 2-year yield and the 5-year yield both ...

Markets - Fixed Income - Asia

China's urbanites embrace sacrifice to ride property frenzy BEIJING: Lydia Su said her heart jumped when she first heard a property in Shanghai's tree-lined French Concession was on the market - even though it was no bigger than a bathroom - swept up in China's latest property frenzy. The 13.7-square metre (147-square foot) apartment, the detached annex of a villa, was priced at 1.8 million yuan ($267,169), which at about $19,500 per square metre ranks it among the world's most expensive residential spaces.Though ...

Markets - Fixed Income - Middle East & Africa

South Africa's 3-month T-bill average yield inches up JOHANNESBURG: South Africa sold 3.55 billion rand ($253 million) worth of three-month Treasury bills on Friday at an average yield of 7.55 percent compared with 7.53 percent last week.Copyright Reuters, 2016

Markets - Fixed Income - Americas

US bonds trim gains after exiting home sales data NEW YORK: US Treasury prices pared earlier gains on Thursday as a stronger-than-expected increase in domestic home resales in September reduced some pessimism about the housing sector and worries about slowing economic growth. Benchmark 10-year Treasury notes were up 2/32 in price for a yield of 1.743 percent, down nearly 1 basis point from late on Wednesday. Copyright Reuters, 2016

Markets - Fixed Income - Middle East & Africa

Saudi Arabia raises $17.5bn in first international bond offering: HSBC PARIS: Saudi Arabia raised $17.5 billion in its first international bond issue, HSBC announced Thursday, after the bank took part in the transaction.Saudi Arabia divided the issue into three tranches with maturities of five, 10 and 30 years respectively, HSBC said.The $5.5 billion in 5-year bonds carries a coupon that pays annual interest of 2.375 percent. A further $5.5 billion of 10-year bonds carries a coupon of 3.25 percent interest and the $6.5 billion in ...