01202017Fri
Last update: Fri, 20 Jan 2017 11pm

Europe

Markets - Fixed Income - Europe

Finland to conduct one or two tap auctions in the fourth quarter of 2016 HELSINKI: Finland's state treasury said on Friday it expected to arrange one or two tap auctions of existing euro benchmark bond lines in the last quarter of 2016. The treasury said in its quarterly review that Finland's borrowing requirement for 2016 remained unchanged at 5.7 billion euros. Adding redemptions, the gross funding requirement for the year is 20.2 billion euros.On Tuesday Finland became the third euro zone sovereign to see its 10-year borrowing costs turn negative as part of a broad rally in euro zone bonds.Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

Turkish says to issue $672mn in lira denominated sukuk on Sept 27 ANKARA: Turkey will issue two lira-denominated sukuk bonds on Sept. 27 worth a planned 2 billion lira ($672 million) to diversify its borrowing instruments, broaden its investor base and increase domestic savings, the Turkish Treasury said on Monday. The sukuk bonds will mature on Sept. 26, 2018 and Sept. 22, 2021, the treasury said in a statement. Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

UK commercial property robust in wake of Brexit vote LONDON: Britain's commercial property market remains robust in the wake of a vote to leave the European Union, although a weaker economic outlook may see some prices dip over the next two years, ratings agency Moody's said. The June 23 vote had created significant uncertainty about the market in the medium term, it said in a report on Monday, although the agency's base case view is that the fundamentals underpinning the sector are solid."While political ...

Markets - Fixed Income - Europe

Safe-haven Bund yields fall as focus switches to US presidential showdown LONDON: Safe-haven German bond yields fell to their lowest level in more than two weeks on Monday as focus turned from central banks to the looming televised debate between the U.S. presidential candidates.Polls indicate a tightening race between Democrat Hillary Clinton and Republican Donald Trump in a vote shaping up as a major risk event for financial markets."We are heading into the presidential debate with a positive bias in European bond markets," said KBC strategist ...

Markets - Fixed Income - Europe

Swedish cbank buys 750mn SEK inflation-linked bonds STOCKHOLM: Sweden's central bank bought 750 million Swedish crowns ($88 million) of inflation-linked bonds in a reverse auction as part of its QE programme, it said Friday. It bought 375 million crowns of 2026 bonds at an average yield of -1.297 percent and the same amount of 2028 bonds at -1.055 percent.Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

Bund yield clings to zero percent, all eyes on Fed and BOJ LONDON: Germany's benchmark 10-year bond yield held just above zero percent on Monday as the market's focus was firmly fixed on central bank meetings in Washington and Tokyo this week.The Federal Reserve, which meets on Wednesday, could give a clear signal of an interest rate rise to come even if it follows market expectations for a pause this month.Data on Friday showing U.S. consumer prices rose more than expected in August raised the odds that ...

Markets - Fixed Income - Europe

Greece to auction 1bn euros of 3-month T-bills on Sept. 7 ATHENS: Greece will sell 1 billion euros ($1.12 billion) of three-month treasury bills on Sept. 7 to refinance a maturing issue, debt agency PDMA said on Friday. Athens successfully rolled over three-month T-bills last month, with the paper priced to yield 2.7 percent.In a rollover, T-bill holders renew their positions instead of getting paid on the maturing paper they hold.The settlement date of the new bills will be Sept. 9. Only primary dealers will be ...