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Europe

Markets - Fixed Income - Europe

Russian Finance Ministry to offer 10bn roubles of OFZ bonds on Weds MOSCOW: Russia's Finance Ministry said on Tuesday it would offer 10 billion roubles ($159 million) of OFZ treasury bonds at auction on Wednesday. The bonds mature in January 2025. Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

Gilts sell off accelerates, putting pressure on sterling LONDON: A sell off in the British government bond market accelerated on Monday amid nerves about political instability, pushing the yield on the 10-year gilt to its highest since the Brexit vote in June and weighing down on the battered pound. Sterling's near 20 percent sharp drop since the Brexit vote has sent inflation expectations soaring, driving investors to reassess chances of further easing by the Bank of England this year. It also led some ...

Markets - Fixed Income - Europe

UK 10-year gilt yield rises to highest since day of Brexit vote LONDON: Britain's 10-year government bond yield rose to its highest level since the day the country voted to leave the European Union, according to Reuters data on Monday.The 10-year gilt yield touched 1.18 percent during early trade, up more than 8 basis points on the day and the highest level since June 23.Gilt yields have risen sharply over the past couple of weeks as investors anticipate a sharp bout of inflation in Britain, fuelled by ...

Markets - Fixed Income - Europe

Swedish home prices rise 7.6pc y/y in Sep STOCKHOLM: Swedish home prices rose 0.8 percent in September from August and 7.6 percent from a year earlier, the Nasdaq OMX Valueguard-KTH Housing Index (HOX) showed on Friday. Prices for apartments increased 6.2 percent on the year while single-family home prices rose 8.6 percent.The HOX index is based on a statistical model that compensates for different types of homes sold during various periods to give a better picture of underlying price trends.A boom in Swedish ...

Markets - Fixed Income - Europe

Portuguese bond yields tumble as DBRS rating fear fades LONDON: Portugal's 10-year bond yield tumbled on Monday and was on track for its biggest one-day fall since late June after comments from the country's finance minister helped soothe concerns about a DBRS ratings review less than two weeks away.DBRS told Finance Minister Mario Centeno on Friday that it is "totally comfortable" with Portugal's fiscal position, an evaluation that the minister said bodes well for the country to keep its only investment grade rating. The ...

Markets - Fixed Income - Europe

UK annual house price growth slows to new 3-year low LONDON: British house prices rose at their slowest pace in more than three years in the three months to September, figures from mortgage lender Halifax showed, adding to signs of a slowdown in the housing market after Britain's Brexit vote in June. The increase in prices slowed to 5.8 percent from 6.9 percent in the three months to August, Halifax, part of Lloyds Banking Group, said on Friday.In monthly terms, prices rose by 0.1 percent ...

Markets - Fixed Income - Europe

France to sell up to 7.5bn euros of bonds next week, including 50 years PARIS: France will sell between 6.5-7.5 billion euros of bonds at its October long-term bond auction next Thursday, including its ultra-long 50-year bond, the Agence France Tresor public debt management agency said. The three lines of offer will be AFT's 0.25 percent OAT maturing November 2026, its 1.50 percent May 2031 OAT and the 1.75 percent May 2066 bond.Copyright Reuters, 2016 ...