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Last update: Sat, 01 Oct 2016 02am

Europe

Markets - Fixed Income - Europe

Mauritius' 3-year bond yield dips to 3.36pc at auction PORT LOUIS: The weighted average yield on Mauritius' three-year bond fell to 3.36 percent at an auction on Tuesday from 3.48 percent at the last sale on May 19, the central bank said. The bank sold all the 2 billion rupees ($56.66 million) worth of the debt it had offered. It received bids worth a total 2.8 billion rupees at yields ranging from 3.20 percent to 4.0 percent.The bond has a coupon rate of 3.20 percent and is due to mature on June 8, 2019.Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

Turkish Treasury benchmark bond yield at 9.32pc in tap, below f'cast ISTANBUL: The Turkish Treasury sold a net 1.438 billion lira ($496 million) in a tap of a five-year benchmark bond on Tuesday at a compound yield of 9.32 percent, data showed, slightly below a Reuters poll forecast of 9.33 percent. Nominal bids for the bond, which matures on Feb. 17, 2021, amounted to 2.442 billion lira.Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

ECB's tepid inflation forecast pushes Bund yields to 3-week low LONDON: German 10-year bond yields fell to a three-week low on Thursday as the European Central Bank only tentatively upgraded its forecast for future inflation, just as oil prices skirted away from $50 a barrel. The ECB nudged up its inflation forecast for 2016 but predicted price growth would remain below target through 2018 as it struggles with cheap energy feeding into the price of other goods and services.It raised its 2016 inflation projection to ...

Markets - Fixed Income - Europe

UK 30-year bond yields near 4-month low on global and Brexit nerves LONDON: British government bonds surged on Wednesday, pushing 30-year yields to their lowest in nearly four months, on the back of global economic worries and opinion polls showing a greater chance of a vote to leave the European Union on June 23.Benchmark 10-year gilts enjoyed their strongest one-day gains in four weeks as yields dropped more than 6 basis points to 1.37 percent by 1400 GMT, while 30-year yields touched their lowest since Feb. 11 ...

Markets - Fixed Income - Europe

Bund yields fall as markets brace for month of big risk LONDON: Germany's 10-year bond yield fell on Wednesday, with demand for the safe-haven asset firm at the start of a month filled with big risk events such as a referendum in Britain on membership of the European Union.Market sensitivity to Brexit talk is increasing, with German and UK bond yields falling on Tuesday after two surveys by polling firm ICM showed British voters moving towards voting to leave the EU in the June 23 referendum."In ...

Markets - Fixed Income - Europe

Euro zone bond yields up on Yellen rate-hike hint, upbeat data LONDON: Euro zone government bond yields rose on Monday after comments from Federal Reserve Chair Janet Yellen boosted the case for a US interest rate rise in June or July and data pointed to a brighter outlook for Europe's economy. The Fed should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, the Fed chief said on Friday. St. Louis Fed President James Bullard ...

Markets - Fixed Income - Europe

France to sell 8-9bn euros of bonds at auction next week PARIS: France will sell 8-9 billion euros ($8.9-$10.1 billion) of long-term bonds at a regular debt auction next week, the Agence France Tresor public debt management agency said on Friday. Among the bonds offered will be AFT's 2.25 percent OAT bond maturing May 2024, its 0.50 percent May 2026 line and its 3.25 percent May 2045 bond.Copyright Reuters, 2016 ...