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Last update: Tue, 03 May 2016 08am

Europe

Markets - Fixed Income - Europe

Greece to auction 1.0bn euros of 3-month T-bills on March 9 ATHENS: Greece will sell 1.0 billion euros ($1.10 billion) of three-month Treasury bills on March 9 to refinance a maturing issue, debt agency PDMA said on Friday. Athens successfully rolled over 1.138 billion euros of three-month T-bills last month, with the paper priced to yield 2.70 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 March 11. Only primary dealers will be allowed to participate and no commission is to be paid. Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

Turkey issues $1.5bn ten-year dollar bond at 5pc ANKARA: Turkey's Treasury borrowed $1.5 billion through a dollar-denominated, ten-year bond at 5 percent on Wednesday, bankers said, as part of its planned issuance in international debt markets this year. Demand for the issuance was more than $4 billion, bankers said.The Treasury said earlier it had mandated Bank of America Merrill Lynch, Citigroup and Deutsche Bank to issue dollar-denominated debt.Turkey's Treasury has said it plans to borrow $4.5 billion from international markets this year. Copyright ...

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 - Europe

Portugal buys back over 1bn euros in bonds LISBON: Portugal bought back over 1 billion euros ($1.1 billion) in three bond maturities on Wednesday, slightly alleviating mounting redemptions over the coming three years in an attempt to improve investor confidence after a spike in its bond yields earlier this month.The IGCP debt agency said it repurchased 349 million euros of bonds maturing in October 2017, 150 million euros of June 2018 bonds and 576 million euros of June 2019 government debt in a ...

Markets - Fixed Income - Europe

Irish bond yields rise on election, Brexit fears LONDON: Irish bond yields rose on Tuesday, with the gap to French peers hitting its widest in eight months, on uncertainty about the outcome of Friday's election and how Britain's referendum on its membership of the European Union will play out.With yields across the euro zone broadly stable, the move in Ireland stood out, with 10-year yields rising as much as 7 basis points to a one-week high of 1.07 percent. Ireland's governing parties remain ...

Markets - Fixed Income - Europe

Italian, Portuguese bond yields fall as ECB keeps banks in mind LONDON: Italy and Portugal, the focus of recent concern about the health of Europe's financial sector, saw their borrowing costs fall faster than the costs for their euro zone peers on Monday after the ECB said it would aim to protect banks from further policy easing. One of the European Central Bank's top policymakers, Vitor Constancio, said on Friday that more economic stimulus, which markets anticipate next month, could be delivered in a way that ...

Markets - Fixed Income - Europe

UK gilts fall after London mayor boosts EU 'Out' campaign LONDON: British government bond prices fell on Monday, underperforming German Bunds, as investors worried about the decision by London's influential mayor Boris Johnson to back the campaign to take Britain out of the European Union.March gilt futures opened down about 40 ticks at 121.62, falling more sharply than equivalent futures for German bonds which were down about 17 ticks.Ten-year gilt yields rose about 2 basis points on the day to 1.439 percent.Nick Stamenkovic, a bond ...