04292016Fri
Last update: Fri, 29 Apr 2016 09am

Markets - Fixed Income

Markets - Fixed Income - Middle East & Africa

Yields on Kenya 364-day, 182-day T-bills fall NAIROBI: The weighted average yield on Kenya's 364-day Treasury bills fell to 12.838 percent at auction on Wednesday from 13.250 percent last week, the central bank said. The yield on the 182-day bill dropped to 11.267 percent from 11.925 percent last week. The bank received bids worth 22.8 billion shillings ($225 million) for the 12 billion shillings it offered across the two bonds. It accepted 15 billion shillings. Next week, the bank will sell bills of all maturities worth a total 16 billion shillings in two separate auctions, it said. Copyright Reuters, 2016

Markets - Fixed Income - Middle East & Africa

Yields on Uganda's Treasury bills fall at auction KAMPALA: Rates on Uganda's Treasury bills fell on all tenors at an oversubscribed auction on Wednesday, where a total of 185 billion shillings ($55.39 million) worth of debt was on offer.The rate on the benchmark 91-day Treasury bills fell to 18.417 percent at the sale from 20.993 percent at the last auction on February 17.Copyright Reuters, 2016

Markets - Fixed Income - Asia

JGB yields near record lows after first negative 10-year auction TOKYO: Japanese government bond yields held near record lows on Tuesday after yields at an auction for 10-year bonds went under zero for the first time, a phenomenon that is likely to dent demand for risk assets. As a broadening swathe of the fixed income markets falls into negative territory, the strong demand at the bond auction signals the growing unease among investors at the unprecedented measures taken by global central banks such as pushing ...

Markets - Fixed Income - Asia

China new home prices up in February BEIJING: China's new home prices increased in February for the seventh straight month, a survey showed Tuesday, positive news for the key sector following a series of stimulus measures aimed at boosting lending.The gains come as authorities have sought to stabilise China's property market -- a main driver of the world's second-largest economy -- and rolled out new measures intended to encourage migrant workers to buy homes in the cities where they work.The average price ...

Markets - Fixed Income - Europe

Spain to issue up to 5.25bn euros in bonds on Thursday MADRID: Spain plans to sell between 3.75 billion and 5.25 billion euros ($4.08 billion-$5.72 billion) of debt at a triple bond auction on Thursday, the Treasury said on Monday. The Treasury will auction between 3.5 billion and 4.5 billion euros of a bond due July 30, 2021, with a 0.75 percent coupon and another due July 30, 2030, with a 1.95 percent coupon. It also aims to raise between 250 million and 750 million euros ...

Markets - Fixed Income - Asia

Indian bonds, rupee gain; govt sticks to fiscal targets MUMBAI: Indian bonds and the rupee rallied on Monday after Finance Minister Arun Jaitley said the government would stick to its fiscal deficit target for 2016/17, raising expectations the country's central bank may cut interest rates before its next policy review in April. The benchmark 10-year bond yield ended down 16 bps at 7.62 percent, after falling as much as 18 bps intraday, the lowest since Jan. 22. The 10-year benchmark bond yield posted its ...

Markets - Fixed Income - Asia

India's bonds, rupee rise; fin min sticks to 2016/17 fiscal deficit target MUMBAI: Indian bonds and the rupee rallied on Monday after Finance Minister Arun Jaitley said the government would stick to its fiscal deficit target of 3.5 percent of gross domestic product for the 2016/17 year. Traders had feared India would widen its fiscal deficit target for the next fiscal year to increase spending.India's benchmark 10-year bond yield fell around 5-6 bps to 7.68 percent from levels before Jaitley disclosed the fiscal deficit target. The yield ...