05272016Fri
Last update: Fri, 27 May 2016 01am

Middle East & Africa

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 ...

Markets - Fixed Income - Middle East & Africa

International Bank of Qatar sets final guidance for debut dollar bond DUBAI: International Bank of Qatar (IBQ) has set final guidance for a debut US dollar-denominated bond issue, which it expects to price later on Thursday, a document from lead arrangers showed.The lender has set final guidance at 200 basis points over midswaps, the document showed, after setting initial price thoughts in the area of 200 basis points over midswaps on Wednesday. The Regulation S Senior offer would come under the A2/A+ rated IBQ's $2 billion ...