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Last update: Sat, 30 Apr 2016 10am

Middle East & Africa

Markets - Fixed Income - Middle East & Africa

UAE's Commercial Bank International issues $125mn in Tier 1 bonds DUBAI: Commercial Bank International (CBI), the Abu Dhabi-listed lender, said on Tuesday it has issued $125 million worth of capital boosting perpetual bonds.The lender said the bond which will boost its tier 1 ratio - regarded as one of the key indicators of a bank's health - has been privately placed, according to a statement to the bourse.The transaction would be settled on Wednesday, it said.Copyright Reuters, 2015 ...

Markets - Fixed Income - Middle East & Africa

Egypt's 5-year, 10-year treasury bonds steady at auction CAIRO: Yields on five-year and 10-year treasury bonds were steady at an auction on Monday, data from the central bank showed.The average yield on Egypt's five-year bond rose marginally to 13.174 percent from 13.172 percent in the previous auction, on Dec. 7, while yields on the 10-year bond dropped marginally to 15.365 percent from 15.373 percent on Dec. 7.Copyright Reuters, 2015 ...

Markets - Fixed Income - Middle East & Africa

Yields on Egypt's 91-day and 266-day t-bills steady CAIRO: Yields on Egypt's three and nine-month treasury bills are almost unchanged at Sunday's auction, data from the central bank showed.The average yield on Egypt's 91-day bill dropped marginally to 11.176 percent from 11.186 percent on Dec 13 and the yield on the 266-day bill rose marginally to 11.607 from 11.604 percent in a similar auction on Dec. 13.Copyright Reuters, 2015 ...

Markets - Fixed Income - Middle East & Africa

Ugandan offers 2-, and 10-year bonds for sale KAMPALA: Uganda said on Monday it will offer a re-opened two-year and a new 10-year fixed coupon Treasury bond to raise a combined 180 billion shillings ($52 million) in a sale on Dec. 30, the central bank said.At the last sale on Dec. 2, the two-year bonds fetched a weighted average yield of 20.100 percent, while 10-year bonds fetched a rate of 19.106 percent when last sold on Oct. 7. Bond auction details shown below.Copyright ...

Markets - Fixed Income - Middle East & Africa

Egypt treasury bond yields slightly lower at auction CAIRO: Yields on five-year and 10-year Egyptian treasury bonds fell marginally at an auction on Monday. The average yield at a sale of five-year bonds declined to 13.172 percent from 13.173 percent at the previous auction on Nov. 23, while the 10-year bond yield fell to 15.373 from 15.378 percent last month. The central bank had offered 3 billion Egyptian pounds of the five-year bonds and 2.25 billion pounds of the 10-year issue and sold ...

Markets - Fixed Income - Middle East & Africa

National Bank of Abu Dhabi raises $200mn via 2-year note DUBAI: National Bank of Abu Dhabi (NBAD), the largest bank in the United Arab Emirates by assets, has issued a $200 million floating rate note of two years duration, it said in a bourse filing on Monday.The note will pay monthly interest starting on Dec. 20 at a variable margin over the one-month London interbank offered rate , it told the London Stock Exchange. In December 2015, the lender will pay interest of 0.05 percent ...

Markets - Fixed Income - Middle East & Africa

Yields on Egypt's Treasury bills mixed at auction CAIRO: Yields on Egypt's nine-month treasury bills dropped marginally while yields on three-month bills rose slightly at Sunday's auction, the central bank said. The average yield on Egypt's 91-day bill dropped to 11.209 percent from 11.213 percent at the last auction on Nov. 15. The 266-day bill increased slightly to 11.619 percent from 11.617 at a similar auction on Nov. 15. Copyright Reuters, 2015 ...