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Thailand's CP All plans $552mn bond issue to refinance debt BANGKOK: CP All PCL, Thailand's largest convenience store chain, said on Tuesday it plans to raise 18 billion baht ($552 million) through a bond offer in March to refinance existing debt and reduce interest expenses.CP All, controlled by billionaire Dhanin Chareavanont's Charoen Pokphand Group, is the retailer with the most net debt in Southeast Asia as it took on a $5.8 billion loan two years ago to finance the takeover of cash-and-carry wholesaler Siam Makro.CP All, which was debt free until the $6.6 billion acquisition, has since early 2014 issued bonds worth 140 billion baht to refinance its debt, Kriengchai Boonpoapichart, head of finance and investor relations, told reporters."Our financial cost is average at 5 percent and we want to bring it down gradually to below the level," Kriengchai said.The March bond offer comprises a two-year tranche offering yields of 3.55 percent and 4.1 percent yields for a five-year tranche, ...

JGBs edge higher, bolstered by solid 40-year sale TOKYO: Japanese government bonds firmed on Tuesday, bolstered by solid demand at a 40-year auction.The Ministry of Finance sold 399.5 billion yen ($3.35 billion) worth of 40-year JGBs with a 1.7 percent coupon at a highest accepted yield of 1.550 percent. Bids totalled 1.3572 trillion yen, so the bid-to-cover ratio rose to 3.40 times from the previous 40-year sale's 3.18, indicating stronger demand.The yield on the 10-year cash JGB inched down half a basis point ...
India central bank says conducted bond switch for 88bn rupees MUMBAI: The Indian government bought back 88 billion rupees ($1.42 billion) of bonds maturing in the fiscal years 2015/16 and 2016/17 and sold an equivalent amount of bonds maturing in 2026/27, 2030/31, the central bank said in a release on Monday.The so-called bond switch programme is being conducted by the government to reduce the burden of bunched-up bond redemptions in the short term. The switch was done on Feb. 18 with a commercial bank, the ...
Mauritius 5-year Treasury bond yield falls to 4.11pc PORT LOUIS: Mauritius' five-year Treasury bonds fetched a weighted average yield of 4.11 percent on Wednesday, down from 4.68 percent at the last auction on December 17, the central bank said. The Bank of Mauritius sold all the 1.5 billion rupees ($45.18 million) of debt it had offered. Bids totalled 4.355 billion rupees with yields ranging from 3.99 to 5.33 percent. The coupon rate was 3.95 percent. Copyright Reuters, 2015 ...
JGBs dip on rise in Japanese shares, weak BOJ operation TOKYO: Japanese government bond prices were weaker on Thursday, as the Nikkei share average briefly broke above the 18,000 mark for the first time since December last year.The results of JGB buying operations by the BOJ on Thursday also showed stronger selling pressure in the 10 year and longer zone.The offer-to-cover ratio in the 10- to 25-year zone came in at 3.18 times, the highest level since Oct 27 last year, when it was 4.31 ...
Longterm JGB rout continues ahead of 30-year sale TOKYO: Japanese government bonds continued to fall on Wednesday, with the benchmark yield rising to a near eight-week high, and the superlong zone selling off a day after a 10-year note sale met surprisingly weak demand.The 10-year JGB yield added 2.5 basis points to 0.380 percent after earlier rising as high as 0.395 percent, its highest level since Dec. 12."With liquidity so low and volatility so high, it's very hard for real-money investors to make ...
Indonesia raises 17.3trn rupiah at bond auction, yields lower JAKARTA: Indonesia sold 17.3 trillion rupiah ($1.37 billion) of conventional bonds at an auction on Tuesday above an indicative target of 12 trillion rupiah with lower yields than the previous auction on Jan. 6, an official from the finance ministry's debt office said.The one-year T-bills had the weighted average yield of 6.44242 percent, lower than 6.91849 percent from the last auction.The weighted average yields for nine-year and 19-year bonds were 7.47718 percent and 7.92764 percent ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln