Just in:  

You are here: Home»Markets»Fixed Income»Middle East & Africa

Middle East & Africa


South African govt bonds weaken on Greek debt woes, rand steady JOHANNESBURG: South African government bonds weakened on Wednesday and the rand held steady against the dollar with investors wary of the uncertainty over Greece's debt negotiations with its creditors.The yield on the 2026 benchmark instrument rose 8 basis point to 7.695 percent at 1510 GMT, its highest in six weeks. "There is a lot of fluctuation in the euro zone, Greece bonds due to the uncertainty," said Marten Banninga, head of bond trading at WWC Securities. "It's unfortunate that this is impacting our market despite the fact that we had a better than surveyed number of inflation year on year."The Greek government said it will request a loan extension for up to six months from its creditors on Thursday morning, although Germany said there will be no such deal unless Greece sticks to the terms of its current bailout. The local market largely shrugged off news that South Africa's headline ...

South Africa's bonds, rand weak on risk-averse trade JOHANNESBURG: Yields on South Africa's government debt rose on Tuesday after a poor bond auction and the rand weakened to a month-low as Greece's debt woes and Ukraine's conflict sapped risk appetite.Government bonds weakened with the yield for the 2026 benchmark jumping 13 basis points to a month-high of 7.585 percent as of 1516 GMT."It's a combination of international trends, the rand that is under pressure and then we had a weak bond auction," said ...
Ivory Coast aims to borrow over $1bn ABIDJAN: Ivory Coast will next month tap international lending markets for a second time, aiming to raise more than $1 billion in a placement of bonds, the country's finance minister said Thursday."The objective is to complete the operation by the end of February 2015 so that the money will be available in March," Daniel Kablan Duncan told a news conference.Ivory Coast successfully raised $750 million in a eurobond placement last July in its first foray ...
South African debt yields at over 20 month lows, rand softer JOHANNESBURG: South Africa's government bonds fell to their lowest in nearly 22 months on Friday, in a market increasingly seeing the chance that slowing inflation due to sliding oil prices will keep interest rates depressed.The yield on debt maturing in 2026 -- the benchmark for the secondary market -- fell 12.5 basis points to close at 7.355 percent, a level last seen in late May 2013.Demand by foreign accounts has driven local bonds higher this ...
Kenyan Treasury bill yields seen rising NAIROBI: Yields on Kenya's Treasury bills are expected to rise slightly at next week's sale, taking a cue from yields on a two-year bond sold this week. The central bank will auction 91-day, 182-day and 364-day Treasury bills worth a total 12 billion shillings ($132.89 million). "I think there is room for rates to go higher. The two-year bond came up a bit higher so it shows the government can pick at a better rate," ...
Nigeria sells 195.5bn naira in T-bills, yields rise LAGOS: Nigeria raised 195.56 billion naira ($1.06 billion) worth of treasury bills with maturities ranging between three months and one year at higher yields this week, the central bank said on Friday. The bank sold 33.87 billion naira in 3-month treasury bills at 11 percent, compared with 9.99 percent at the Nov. 19 auction. A total of 51.30 billion naira worth of the six month bill was sold at 13.84 percent, against 10.8 percent previously. ...
South Africa's 3-month T-Bill average yield edges up to 6.09pc JOHANNESBURG: South Africa sold 4.685 billion rand ($418 million) worth of three-month Treasury Bills on Friday, at an average yield of 6.09 percent, up slightly from 6.05 percent last week. The bid to cover ratio also edged higher to 1.4 from 1.3.Copyright Reuters, 2014 ...


Index Closing Chg%
Arrow DJIA 16,912.29 0.73
Arrow Nasdaq 4,791.15 0.90
Arrow S&P 1,995.83 0.80
Arrow FTSE 6,336.35 0.16
Arrow DAX 9,970.40 0.68
Arrow CAC-40 4,667.34 0.14
Arrow Nikkei 18,322.98 0.75
Arrow H.Seng 22,515.76 3.13
Arrow Sensex 27,035.85 0.38

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln