12082016Thu
Last update: Thu, 08 Dec 2016 05am

Middle East & Africa

Markets - Fixed Income - Middle East & Africa

Kenya 91-day T-bill yield dips to 8.607pc NAIROBI: The weighted average yield on Kenya's 91-day Treasury bill dipped to 8.607 percent at auction on Thursday from 8.609 percent last week, the central bank said. The bank said it received bids worth a total 1.68 billion shillings ($16.58 million) for the 4 billion shillings of bills it offered. It accepted 1.46 billion shillings. Copyright Reuters, 2016 ...

Markets - Fixed Income - Middle East & Africa

South Africa CDS rise, bonds tumble on finance minister probe LONDON: South African bonds tumbled on Wednesday and debt insurance costs surged in the credit default swaps (CDS) market on news of a police probe into finance minister Pravin Gordhan who is popular with investors and business. Gordhan has been ordered to report to police in relation to a surveillance unit in the state tax service, the South African Treasury said on Tuesday. This raises fears for the country's credit rating which is at risk ...

Markets - Fixed Income - Middle East & Africa

Egypt T-bill yields mixed at Sunday's auction CAIRO: Yields on Egypt's three-month treasury bills dropped while yields on the nine-month bills rose at Sunday's auction, data from the central bank showed. The average yield on the 91-day bill dropped to 14.035 percent from 14.154 percent at the last auction on August 14. The 273-day bill rose to 15.969 percent from 15.889 percent at a similar auction a week ago. Copyright Reuters, 2016 ...

Markets - Fixed Income - Middle East & Africa

Kenya 91-day T-bill yield rises to 8.541pc at auction NAIROBI: The weighted average yield on Kenya's 91-day Treasury bills rose to 8.541 percent at auction on Thursday from 8.349 percent last week, the central bank said. The bank offered bills worth 4 billion shillings ($39.46 million) and received bids worth 14 billion shillings. It accepted bids worth 11.55 billion shillings.The bank said it would offer 91-day, 182-day and 364-day bills worth 16 billion shillings next week. Copyright Reuters, 2016 ...

Markets - Fixed Income - Middle East & Africa

Yields rise on Kenya's 182-day, 364-day T-bills NAIROBI: The weighted average yield on Kenya's 364-day Treasury bill rose to 11.684 percent from 11.405 percent at auction on Wednesday, while the yield on the 182-day bill climbed to 10.811 percent from 10.696 percent, the central bank said. It offered bills worth a total of 12 billion shillings ($118.34 million) and received bids worth 15.35 billion shillings, while accepting bids worth 10.60 billion shillings. The bank said it would offer 91-day, 182-day and 364-day ...

Markets - Fixed Income - Middle East & Africa

Yield on Uganda's two-year bonds climbs at auction KAMPALA: The yield on Uganda's two-year Treasury bonds rose at a central bank auction on Wednesday, while the rate on the five-year bond fell.The weighted average yield on the two-year bonds climbed to 16.625 percent from 15.858 percent at the last sale on May 18. The rate on the five-year notes edged down to 16.500 percent from 17.217 percent at the last auction on July 13. Copyright Reuters, 2016 ...

Markets - Fixed Income - Middle East & Africa

Yields drop at Egypt T-bill auction CAIRO: Yields on Egypt's three-month and nine-month treasury bills edged down at Sunday's auction, data from the central bank website showed. The average yield on the 91-day bill dropped to 14.212 percent from 14.272 percent at the last auction on July 24. The 266-day bill also dropped to 15.653 percent from 15.752 percent at a similar auction a week ago. Copyright Reuters, 2016 ...