Just in:  

You are here: Home»Markets»Fixed Income

Markets - Fixed Income


Greek bond yields rise as Germany sticks to austerity mantra LONDON: Greek bond yields rose on Monday as investors reacted nervously to signs the euro zone's dominant economy Germany will take a tough stance towards the fiscal commitments the next government in Athens will inherit from its predecessor.Greeks go to the polls on Jan. 25 in a snap election that could lead to a government headed by the leftist Syriza party, which has said it wants to cancel the austerity measures the country has taken in return for 240 billion euros of bailout loans from the European Union and the International Monetary Fund.The ability of Athens and Berlin to reach a compromise under such a scenario could determine Greece's future in the euro zone, some analysts say. Der Spiegel magazine cited unnamed government sources on Sunday as saying Germany believed the euro zone would now cope with a Greek exit.Germany's Vice Chancellor Sigmar Gabriel said later that Berlin wanted Greece ...

C$ starts 2015 at 5-1/2-year low OTTAWA: The Canadian dollar fell to its lowest level against the greenback in 5-1/2 years on Friday, kicking 2015 off on a weak note as it was hit by a rally in the US dollar and another drop in oil prices.Traders returned to their desks to take the loonie resoundingly lower, after it drifted higher in light holiday volume over the last few sessions. Investors bet that many of the themes that battered the currency ...

Euro zone bond yields sink as investors prepare for QE year LONDON: Government bond yields fell to new record lows across the euro zone on Friday on expectations the European Central Bank is set to fight slowing inflation with new stimulus measures in the new year. German, French, Italian, Spanish, Irish, Dutch, Portuguese, Belgian and Finnish yields hit record lows after ECB President Mario Draghi said the bank would act to keep consumer prices stable. German five-year yields fell below zero and 10-year Bund yields fell ...

France to sell 8.5-9.5bn euro of long-term bonds on Jan 8 PARIS: France plans to sell 8.5 billion to 9.5 billion euros ($10.24-$11.44 billion) of fixed-rate, long-term bonds at its next monthly auction on Jan. 8, public debt management agency Agence France Tresor said on Friday. The bonds will mature in November 2024, May 2030 and May 2045, AFT said. Copyright Reuters, 2014

Against the odds, German Bund yields on track for biggest fall since 2008 LONDON: German Bund yields were on track on Tuesday to post their biggest annual fall in six years in 2014, with political turmoil in Greece and expectations for further monetary easing by the European Central Bank the latest drivers of the unexpected bond rally.The top-rated euro zone benchmark held near a record low of 0.542 percent set on Monday as investors ran for cover after the Greek parliament rejected the prime minister's nominee for president.The ...

Russian company debt contaminates sovereign dollar bonds LONDON: As Russia confronts financial crisis, investors in its sovereign dollar bonds are braced for things to get worse before they get better, even though few expect a full-blown sovereign default. The Russian state, they say, is a diligent payer of debts however belligerent the rhetoric of its leaders. But Russian companies are heavily indebted and with Western sanctions over Moscow's role in Ukraine making it hard for them to access capital, the national balance ...

Indian bonds rally on speculation of off-cycle central bank rate cut MUMBAI: Indian bonds rallied on Monday after news agency NewsRise Financial, citing an unidentified finance ministry official, reported the government was pushing for a cut in interest rates even before the central bank's next policy review in early February.NewsRise quoted the official as saying the government expected "an out-of-turn rate cut" given "inflation would continue to trend down." The Reserve Bank of India is next scheduled to decide on monetary policy on Feb. 3.The benchmark ...


Index Closing Chg%
Arrow DJIA 18,203.37 0.47
Arrow Nasdaq 4,979.90 0.56
Arrow S&P 2,107.78 0.45
Arrow FTSE 6,889.13 0.74
Arrow DAX 11,280.36 1.14
Arrow CAC-40 4,869.25 0.98
Arrow Nikkei 18,815.16 0.06
Arrow H.Seng 24,702.78 0.74
Arrow Sensex 29,593.73 0.46

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln