Just in:  

You are here: Home»Markets»Fixed Income

Markets - Fixed Income


JGBs edge down, longer maturities underperform TOKYO: Japanese government bonds slipped on Thursday, particularly in the superlong zone, though losses were limited by a selloff in equities.At the front end, yields in discount bills turned positive, showing that supply conditions have improved following the Bank of Japan's latest quantitative easing. Yields on bills had turned negative in recent weeks, as the BOJ's large bill purchases had sucked up liquidity and tightened the supply of paper available to the market.The yield on three-month Japanese government bills touched a record low of minus 0.10 percent late last month. On Thursday, the yield on three-month blls stood at 0.008 percent, while the yield on six-month bills was 0.010 percent."The current rise in yields seems to stem from participants clearing out their inventories due to the uncertainty surrounding BOJ market operations," said Toshiaki Terada, a researcher at Totan Research Co.Minutes of the BOJ's Oct. 6-7 meeting released earlier on Thursday ...

China's yuan flat despite a two-month low midpoint HONG KONG: China's yuan was flat against the dollar on Thursday, though the central bank weakened the official midpoint to the lowest level in two months.Spot yuan traded at 6.1149 per dollar near midday, almost no change from the previous day's close at 6.1146. It changed hands between 6.1146 and 6.1161 in morning trade.The People's Bank of China (PBOC) set the midpoint at 6.1565, down 0.1 percent from Wednesday's 6.1503. It's the weakest level since ...

JGBs take breather after BoJ-led rally, focus on 10-year sale TOKYO: Japanese government bond prices slipped on Wednesday as investors booked gains after a Bank of Japan-inspired rally. December 10-year JGB futures slipped 0.03 point to 146.67. The 20-year JGB yield rose 1.5 basis points to 1.205 percent. The yield had plunged 12 basis points over the past two sessions after the BOJ wrong-footed markets on Friday with a surprise decision to expand its monetary easing programme. "Investors like pension funds seem to be taking ...

China fin min to auction 28bn yuan 7-year bonds on Nov.14 SHANGHAI: China's Ministry of Finance said on Monday that it would reopen a previous issue of seven-year bonds, auctioning an additional 28 billion yuan ($4.58 billion) on Nov.14. The bonds will be issued from Nov 14-20 and will begin secondary market trading on Nov. 20, the ministry said in a statement published on its website.Copyright Reuters, 2014

India bonds post sharpest monthly gain in 1-1/2 years on rate cut hopes MUMBAI: Indian government bonds posted their best monthly gain in 18 months on hopes easing inflation would allow the country's central bank to start trimming key policy rates earlier than expected. The gains came on a day when the Bank of Japan surprised financial markets by significantly expanding its massive stimulus programme, reigniting hopes the global liquidity situation would continue to remain easy. The 10-year bond yields have fallen 24 basis points this month, its ...

US yields hold near session highs after BoJ move NEW YORK: US Treasuries yields held near their session highs in early US trading on Friday in the aftermath of the Bank of Japan's stunning move to expansion of its asset-purchase program in an effort to boost its economy. The central bank of the world's third biggest economy decided to increase the pace at which it expands base money to about 80 trillion yen ($726 billion) per year. Previously, the BOJ targeted an annual increase ...

Kenya 91-day T-bills yield falls to 8.670pc NAIROBI: The weighted average yield on Kenya's 91-day Treasury bills fell to 8.670 percent at auction on Thursday from 8.706 percent last week, the central bank said. The bank received bids worth a total 458.5 million shillings ($5.13 million) for the 3 billion shillings worth of bills on offer, and accepted the entire amount.Copyright Reuters, 2014


Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln