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Financial

Abu Dhabi sells $3bn in bonds with April re-opening

Oil-rich Abu Dhabi issued in April $7 billion in bonds due in 2025, 2030 and 2050, just after a jumbo $10 billion b

Published 19 May, 2020 04:42pm

Financial

Orders for Qatar dollar bonds issue top $25bn

Qatar kept for the time being its initial price guidance unchanged at around 335 basis points over US Treasuries fo

Published 07 Apr, 2020 11:07am

Financial

Turkish lira slides as manufacturing, trade begin to buckle

It dropped to 48.1 from 52.4 a month earlier on softer output and new orders, while firms scaled back purchasing ac

Published 01 Apr, 2020 02:11pm

Financial

UAE's ADNOC eyes bond issue amid low interest rates

The UAE, the third-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC) behind Saud

Published 02 Oct, 2019 11:59am

Financial

South Africa's 3-month T-bill average yield rises to 7.14pc

JOHANNESBURG: South Africa sold 3.167 billion rand ($215.77 million) of three-month Treasury bills, more than the 2.4 bi

Published 02 Aug, 2019 11:39am

Financial

Israel sells $138mn in private bond sale to Japanese investor

JERUSALEM: Israel raised 15 billion yen ($138 million) in a private placement of bonds to a large Japanese institutional

Published 29 Jul, 2019 12:57pm

Financial

South Africa, Eskom dollar bonds hit by Moody's, Fitch warnings

LONDON: South Africa's government dollar bonds dropped to their lowest in more than a month on Friday and power util

Published 26 Jul, 2019 08:15pm

Financial

South Africa's 3-month T-bill average yield edges up to 7.11%

JOHANNESBURG: South Africa sold 3.514 billion rand ($247 million) of three-month Treasury bills, more than the 2.4 bill

Published 26 Jul, 2019 04:16pm

Financial

Saudi Arabia sells 5.2bn riyals in sukuk monthly issuance

RIYADH: Saudi Arabia sold 5.2 billion riyals ($1.4 billion) in sukuk, or Islamic bonds, in its local monthly issue f

Published 22 Jul, 2019 09:13pm

Financial

Dubai-based GEMS hires banks for $800mn dual-currency bond

DUBAI: Dubai-based GEMS Education has hired banks to arrange investor meetings ahead of a potential issuance of inte

Published 17 Jul, 2019 01:49pm

Financial

Zambia dollar bonds soar after president swaps finance minister

LONDON: Zambia's dollar-denominated government bonds jumped on Monday after the country's president sacked Finance M

Published 15 Jul, 2019 01:50pm

Financial

Tunisia sells 700mn euro seven-year bond

TUNIS: Tunisia has sold a seven-year euro-denominated bond worth 700 million euros at an interest rate of 6.37 percent,

Published 10 Jul, 2019 07:09pm

Financial

Saudi Arabia's Savola Group issues 1bn riyals sukuk

DUBAI: Savola Group, Saudi Arabia's largest food products company, has raised 1 billion riyals ($267 million) in suk

Published 09 Jul, 2019 12:26pm

Financial

South Africa's Eskom dollar bonds rally as govt weighs extra support options

LONDON: Dollar-denominated bonds issued by South Africa's Eskom gained on Thursday after a senior treasury official

Published 04 Jul, 2019 12:34pm

Financial

Saudi Arabia says raised 3bn euro in bonds

DUBAI: Saudi Arabia's Ministry of Finance said on Wednesday it sold 3 billion euro in bonds split into a 1 billion e

Published 03 Jul, 2019 03:13pm

Financial

Saudi Arabia raises 3 billion with debut euro bond

DUBAI: Saudi Arabia has raised 3 billion euros from over 14.5 billion worth of orders for it first bond denominated in e

Published 03 Jul, 2019 09:10am

Financial

Saudi Arabia widens funding base with dual-tranche debut euro bond

DUBAI: Saudi Arabia has hired a group of banks including Goldman Sachs and Societe Generale to arrange a global inve

Published 01 Jul, 2019 02:15pm

Financial

Egypt aims to tap debt markets for up to $7bn in new financial year

LONDON: Egypt will tap debt markets for between $4 billion and $7 billion in the coming financial year starting in J

Published 25 Jun, 2019 03:29pm

Financial

South African rand firms after dovish Fed, focus on Ramaphosa speech

JOHANNESBURG: South Africa's rand raced to a five-week high and government bonds firmed on Thursday after the U.S. Feder

Published 20 Jun, 2019 09:28am

Financial

Egypt plans bond denominated either in yuan or yen or South Korean won

Egypt plans to issue an international bond in either the Chinese, Japanese or South Korean currency in the coming fiscal

Published 18 Jun, 2019 04:09pm

Financial

Nigeria has no plans to go to eurobond market this year

LAGOS: Nigeria has no plans to return to the eurobond market this year, after a sixth outing in November raised $2.86 bi

Published 18 Jun, 2019 02:36pm

Financial

Turkey's Treasury taps 2-yr benchmark bond at 25.31pc yield

ISTANBUL: Turkey's Treasury said on Tuesday it tapped its two-year benchmark bond at a yield of 25.31pc, selling a net 1

Published 14 May, 2019 09:29pm

Financial

Nigerian bonds rally on central bank governor's nomination, stocks falter

ABUJA: Nigerian bonds rallied on Friday and the naira firmed but shares fell on expectations that tight monetary policy

Published 10 May, 2019 07:37pm

Financial

Nigeria bonds, naira rally after central bank governor gets second term nomination

ABUJA: Nigerian bonds rallied and the naira currency firmed on Friday after central bank governor Godwin Emefiele wa

Published 10 May, 2019 11:40am

Financial

UAE's Majid Al Futtaim to raise up to $650mn in green sukuk

DUBAI: Majid Al Futtaim, a UAE-based developer and shopping mall operator, is set to raise between $500 million and

Published 07 May, 2019 11:59am

Financial

Saudi Arabia drops to near-8 month low, major Gulf markets slide

Saudi Arabia's stock market fell sharply to hit a near eight month low on Monday, as oil prices weighed on its finan

Published 06 May, 2019 03:50pm

Financial

Egypt to auction $1bn in one-year dollar T-bills

CAIRO: Egypt will auction $1 billion worth of one-year dollar-denominated treasury bills on Monday, the central bank

Published 02 May, 2019 03:55pm

Financial

Oman readies US dollar bond sale

DUBAI: Oman is preparing a sale of US dollar-denominated bonds, two sources familiar with the matter said, as the su

Published 30 Apr, 2019 02:52pm

Financial

Saudi wealth fund ‘not in a hurry’ to issue bonds, considers funding options

RIYADH: Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) is "not in a hurry" to issue bonds but is

Published 25 Apr, 2019 01:40pm

Financial

Kenya ready to issue new Eurobond to refinance maturing bond

NAIROBI: Kenya is ready to issue a new Eurobond and also plans to refinance a maturing 5-year dollar bond, Finance M

Published 25 Apr, 2019 01:19pm

Financial

Aramco does not plan more bonds this year

RIYADH: Saudi Aramco, the world's largest oil firm, will not issue more bonds this year after its debut $12 billion

Published 25 Apr, 2019 01:05pm

Financial

Saudi Real Estate Refinance Co plans up to 4bn riyal sukuk sale this year

RIYADH: Saudi Real Estate Refinance Co (SRC), modelled on US mortgage finance firm Fannie Mae, aims to issue up to 4

Published 23 Apr, 2019 01:30pm

Financial

AFRICA-FX-Most African currencies seen under pressure, Nigeria's stable

NAIROBI: Kenyan, Tanzanian and Zambian currencies are likely to come under pressure against the US dollar next week but

Published 18 Apr, 2019 03:26pm

Financial

South Africa's 3-month T-bill average yield rises to 7.28 pc

JOHANNESBURG: South Africa sold 2.4 billion rand ($172 million) of three-month Treasury bills, at an average yield of 7

Published 12 Apr, 2019 01:40pm

Financial

Aramco breaks record as demand for its bond tops $85 billion

DUBAI: Orders for Saudi Aramco's debut international bonds topped $85 billion, sources familiar with the matter said, a

Published 09 Apr, 2019 09:01am

Financial

South Africa's 3-month T-bill average yield rises to 7.14 pc

JOHANNESBURG: South Africa sold 2.3 billion rand ($163.2 million) of three-month Treasury bills, at an average yield of

Published 05 Apr, 2019 02:13pm

Financial

Egypt says 2 bn eurobond offer completes international debt auction for FY 18/19

CAIRO: Egypt said on Friday it would not return to the international debt market during the current financial year endin

Published 05 Apr, 2019 01:57pm

Financial

Egypt set to raise 2 billion euro with dual-tranche bond

DUBAI: Egypt is set to raise 2 billion euro ($2.24 billion) with a dual-tranche bond of six and 12 years, according to a

Published 04 Apr, 2019 02:22pm

Financial

UAE's RAKBANK plans $500mn sale of five-year bonds

DUBAI: The National Bank of Ras Al-Khaimah (RAKBANK) is set to raise $500 million in five-year bonds, offering investors

Published 02 Apr, 2019 02:10pm

Financial

Qatar sells 600 million riyal of T-bills in auction - statement

DUBAI: Qatar's central bank sold 600 million Qatari riyals of treasury bills at an auction, central bank data showed on

Published 02 Apr, 2019 02:05pm

Financial

Nigerian bond yields drop after surprise central bank rate cut -traders

ABUJA: Nigerian bond yields fell marginally, a day after the central bank unexpectedly announced am interest rate cut ai

Published 27 Mar, 2019 12:48pm

Financial

Qatar targets around $10billion with jumbo bond issue

DUBAI: Qatar is expected to announce this week a jumbo international bond issue which could be in the region of $10 bill

Published 05 Mar, 2019 08:18am

Financial

Kenya's domestic debt refinancing risks rise as more bonds mature

NAIROBI: Kenya's government faces increased refinancing or roll over risks as more domestic bonds mature within the next

Published 18 Feb, 2019 01:19pm

Financial

South Africa's 3-month T-bill average yield falls to 7.34 percent

JOHANNESBURG: South Africa sold 1 billion rand ($71 million) of three-month Treasury bills on Friday, at an average yiel

Published 15 Feb, 2019 02:50pm

Financial

Saudi bonds index inclusion could pull in another $7bn - BAML

LONDON: Saudi Arabia could see another $7 billion pour into its sovereign debt markets as investors prepare for the king

Published 21 Jan, 2019 01:23pm

Financial

Egypt has not set date or value for bond issue on Asian market

Egypt has not set a date for issuing bonds on the Asian market or decided their amount and in what currency they would b

Published 14 Jan, 2019 08:17am

Financial

Saudi Arabia's new $7.5 billion bonds trade up at market opening

DUBAI: Saudi Arabia's newly issued international bonds are up 1 point in early trade, fund managers said, in a further s

Published 10 Jan, 2019 10:05am

Financial

Saudi Arabia tests demand for Gulf debt with dollar bond

DUBAI: Saudi Arabia plans to issue U.S. dollar-denominated bonds on Wednesday, targeting longer dated maturities in

Published 09 Jan, 2019 11:53am

Financial

South Africa's 3-month T-bill average yield slips to 7.75

JOHANNESBURG: South Africa sold 1.8 billion rand ($127 million) of three-month Treasury bills on Friday, at an average y

Published 04 Jan, 2019 02:44pm

Financial

Egypt to auction $750 million in one-year dollar T-bills Central Bank

Egypt will auction $750 million worth of one-year dollar-denominated treasury bills on Sunday, the central bank said on

Published 03 Jan, 2019 05:43pm

Financial

Ivory Coast to raise up to $2.5 billion in 2019: minister

ABIDJAN: Ivory Coast is seeking to raise up to 1.4 trillion CFA francs ($2.5 billion) next year on regional and internat

Published 18 Dec, 2018 12:21pm

Financial

Qatar considers selling dollar bonds for benchmark purposes only

DOHA: Qatar does not need to raise debt through international bonds next year because its budget forecasts an economic s

Published 10 Dec, 2018 12:33pm

Financial

Egypt to auction $1.675 billion in dollar T-bills: central bank

Egypt plans to auction $1.675 billion worth of one-year dollar-denominated treasury bills on Nov. 19, the central bank s

Published 15 Nov, 2018 08:19pm

Financial

South Africa's 3-month T-bill average yield rises to 7.33pc

JOHANNESBURG: South Africa sold 2.45 billion rand ($169 million) of three-month Treasury bills on Friday, less than the

Published 12 Oct, 2018 12:42pm

Financial

Morocco's finance hub issues 335mn dirhams green bond

RABAT: Morocco's finance and business hub Casablanca Finance City (CFC) said on Monday it had raised 335 million dirhams

Published 24 Sep, 2018 01:04pm

Financial

Egypt cancels auction of 5- and 10-year treasury bonds

CAIRO: Egypt cancelled an auction of 5- and 10-year treasury bonds on Monday for a fourth successive week, central bank

Published 24 Sep, 2018 11:40am

Financial

Egypt cancels 3 and 7-year treasury bond auction

CAIRO: Egypt's finance ministry said on Tuesday it cancelled three and seven-year treasury bond sales, an auction that h

Updated 04 Sep, 2018 08:52pm

Financial

South Africa's 3-month T-bill average yield edges up to 7.29pc

JOHANNESBURG: South Africa sold 1.8 billion rand ($123 million) worth of three-month Treasury bills on Friday, at an ave

Published 31 Aug, 2018 08:19pm

Financial

Egypt's 5-, 10-year bond yields fall at auction

CAIRO: Yields on five- and ten-year Egyptian government bonds fell at auction on Monday, marking a further decline i

Published 16 Jul, 2018 01:39pm

Financial

Ghana's 91-day bill dips to 13.31pc

ACCRA: The yield on Ghana's 91-day treasury bill dipped to 13.31 percent at an auction on Friday, compared with 13.32 pe

Published 13 Jul, 2018 09:44pm

Financial

Ghana's 91-day bill nearly flat at 13.33pc

ACCRA: The yield on Ghana's 91-day treasury bill was almost flat at 13.33 percent at an auction on Friday, compared with

Published 29 Jun, 2018 10:23pm

Financial

German bond yields march higher as markets wake up to ECB risk

LONDON: German government bond yields hit two-week highs on Thursday, leading top-rated bond yields in the euro area hig

Published 07 Jun, 2018 04:11pm

Financial

Kenya to sell 15-yr Treasury bond this month - central bank

NAIROBI: Kenya will sell a 15-year Treasury bond worth 40 billion shillings ($398 million) this month, the central bank

Published 11 May, 2018 03:17pm

Financial

South Africa's 3-month T-bill average yield dips to 7.14 percent

JOHANNESBURG: South Africa sold 1.8 billion rand ($150 million) worth of three-month Treasury bills on Friday, at an ave

Published 20 Apr, 2018 10:58am

Financial

Ghana sells 809.89mn cedis ($182mn) of 7-year bonds at 16.25pc yield

ACCRA: Ghana sold 809.89 million cedis ($182 mln) worth of seven-year domestic bonds issued on Thursday and will pay a y

Published 12 Apr, 2018 04:51pm

Financial

Yield on Uganda's 91-day Treasury bills broadly stable at auction

KAMPALA: The yield on Uganda's benchmark 91-day Treasury bills were broadly stable while the rates on longer-tenure inst

Published 11 Apr, 2018 01:27pm

Financial

Czechs sell CZK 5.995 bln of 0.95/30 bonds

PRAGUE: The Czech Finance Ministry sold 5.995 billion crowns ($293.27 million) worth of 0.95/30 government bonds in the

Published 11 Apr, 2018 12:23pm

Financial

Nigeria's UAC eyes 20bn naira bond sale this year for real estate unit

LAGOS: Nigerian conglomerate UAC plans to raise 20 billion ($65.4 million) naira this year through a bond sale to refina

Published 05 Apr, 2018 03:42pm

Financial

Qatar Central bank sells 1 billion riyals of T-bills

DUBAI: Qatar's central banks sold 1 billion riyals ($274.73 million) of Treasury bills this week, it said on Thursday.

Published 05 Apr, 2018 01:17pm

Financial

Yields on Ugandan Treasury bills climb at auction

KAMPALA: Yields on Uganda's Treasury bills rose across board at auction on Wednesday, where a total of 160 billion shill

Published 28 Mar, 2018 09:58am

Financial

Saudi finance ministry sells 4.9bn riyals of domestic sukuk

DUBAI: Saudi Arabia's government sold 4.85 billion riyals ($1.29 billion) of domestic sukuk in a monthly sale by re-open

Published 20 Mar, 2018 11:54am

Financial

Saudi Arabia picks Citi, Goldman, HSBC, Morgan Stanley for new bond

DUBAI: Saudi Arabia has selected Citi, Goldman Sachs, HSBC and Morgan Stanley as the main banks that will arrange its ne

Published 15 Mar, 2018 11:40am

Financial

Qatar central bank auctions 2 billion riyals of bonds, sukuk

DUBAI: Qatar's central bank said on Tuesday that it had auctioned 1.1 billion riyals ($302 million) of five-year convent

Published 13 Mar, 2018 10:28am

Financial

Nigeria dollar buffer at 4-year high of $43.3bn

LAGOS: Nigeria's foreign exchange reserves rose to their highest level in over four years at $43.28 billion as of March.

Published 08 Mar, 2018 01:18pm

Financial

South Africa's 3-month T-bill average yield inches up to 7.2 percent

JOHANNESBURG: South Africa sold 1.8 billion rand ($152 million) worth of three-month Treasury bills on Friday, at an ave

Published 02 Mar, 2018 10:43am

Financial

South Africa's 3-month T-bill average yield falls to 7.21pc

JOHANNESBURG: South Africa sold 1.8 billion rand ($155 million) worth of three-month Treasury bills on Friday, at an ave

Published 16 Feb, 2018 11:30am

Financial

South Africa dollar bonds fall as Zuma impasse continues

LONDON: South Africa's sovereign dollar bonds fell across the curve on Friday, with the 2044 issue down 1 cent to trade

Published 09 Feb, 2018 02:13pm

Financial

Angola dollar-bonds fall as Moody's eyes downgrade

LONDON: Angola's dollar-bonds fell 1.5 cents on Thursday to its lowest since end-December after Moody's put the country'

Published 08 Feb, 2018 01:41pm

Financial

Nigeria bond yields rise 50 bps across board to five month high

LAGOS: Nigerian bond yields rose 50 basis points across maturities on Wednesday to a level last seen five months ago, tr

Published 07 Feb, 2018 01:31pm

Financial

Yield on Uganda's 91-day Treasury bills climbs up

KAMPALA: The yield on Uganda's benchmark 91-day Treasury bills climbed slightly at auction on Wednesday, where a total o

Published 31 Jan, 2018 03:37pm

Financial

Yields rise at Nigerian bond auction after central bank rate impasse

LAGOS: Nigeria raised 110 billion naira ($360 mln) at rates higher than at its previous bond auction, the debt office sa

Published 25 Jan, 2018 04:28pm

Financial

Kenya to raise 40bn shillings with 15-year infrastructure bond

NAIROBI: Kenya will sell a 15-year infrastructure bond this month to raise 40 billion shillings ($388.35 million), the c

Published 16 Jan, 2018 12:03pm

Financial

Oman issues largest bond as rising oil prices cheer Gulf investors

DUBAI: The Omani government has sold a $6.5 billion bond, its largest ever, in a sign of how rising oil prices are incre

Published 11 Jan, 2018 07:39pm

Financial

US bond yields drift up ahead of debt auctions

NEW YORK: US Treasury yields rose modestly on Friday with benchmark 10-year yields staying below their nine-month peak a

Published 22 Dec, 2017 08:44pm

Financial

Nigeria's one-year T-bill yield rises more after Tuesday's dive

LAGOS: Nigeria's one-year treasury bill yield rose about a percentage point to 10 percent on Wednesday, continuing a reb

Published 13 Dec, 2017 10:58pm

Financial

Average yields on Egyptian three and seven-year T-bonds fall

CAIRO: The average yield on Egypt's three-year and seven-year treasury bonds fell at an auction on Monday, central bank

Published 11 Dec, 2017 10:00pm

Financial

Rwanda raises 10bn francs with 7-year Treasury bond

KIGALI: Rwanda sold a seven-year Treasury bond worth 10 billion francs ($11.85 million) on Thursday to fund infrastructu

Published 24 Nov, 2017 12:45am

Financial

Average yields rise on Egypt's 6-month, one-year T-bills

CAIRO: Average yields on Egypt's six-month and one-year treasury bills rose at an auction on Thursday, data from the cen

Published 24 Nov, 2017 12:00am

Financial

Kenya offers 7-year infrastructure bond worth 30bn shillings

NAIROBI: Kenya's central bank offered for sale on Friday a 7-year infrastructure bond worth up to 30 billion shillings (

Published 17 Nov, 2017 11:06pm

Financial

Nigeria raises 119.9bn naira at treasury bill auction

LAGOS: Nigeria raised 119.9 billion naira at a treasury bill auction on Wednesday after allocating almost 90 percent of

Published 16 Nov, 2017 12:38am

Financial

Eurobonds account for a fifth of Nigeria's $15.35bn in foreign debt

LAGOS: Eurobonds made up more than a fifth of Nigeria's $15.35 billion foreign debt portfolio as of September and more t

Published 15 Nov, 2017 09:54pm

Financial

Average yields on Egypt's 3- and 7-year T-bonds rise

CAIRO: The average yield on Egypt's three- and seven-year treasury bonds rose at an auction on Monday, central bank data

Published 13 Nov, 2017 10:45pm

Financial

Nigeria bonds shrug off Moody's downgrade as investors seek yield

LAGOS: Nigeria's bonds were flat on Wednesday, shrugging off a downgrade by Moody's, since investors had already factore

Published 09 Nov, 2017 01:23am

Financial

Dubai's Emirates NBD launches $750mn five-year bond

DUBAI: Emirates NBD, Dubai's largest bank, launched a $750 million five-year bond at 125 basis points (bps) over mid-swa

Published 07 Nov, 2017 01:58pm

Financial

Lebanon bond price falls no cause for concern

BEIRUT: Lebanese Finance Minister Ali Hassan Khalil said a fall in the cash price of Lebanon's US dollar-denominated bon

Published 06 Nov, 2017 01:26pm

Financial

South Africa's 3-month T-bill average yield steady at 7.53 percent

JOHANNESBURG: South Africa sold 3.555 billion rand ($252 million) worth of three-month Treasury bills on Friday, at an a

Published 03 Nov, 2017 06:28pm

Financial

Ghana to issue domestic dollar bond next week

ACCRA: Ghana plans to issue a three-year domestic dollar bond next week to develop local funding sources to support the

Published 02 Nov, 2017 06:34pm

Financial

Average yields on Egypt's 3- and 7-year T-bonds rise

CAIRO: The average yield on Egypt's three- and seven-year treasury bonds rose at an auction on Monday, central bank data

Published 30 Oct, 2017 07:35pm

Financial

Ghana to open bids for energy bonds worth 6bn cedis

ACCRA: Ghana will start receiving bids on Tuesday for domestic bonds worth 6 billion cedis ($1.36 billion) to settle ene

Published 23 Oct, 2017 08:49pm

Financial

Average yields fall on Egypt's six-month, one-year T-bills

CAIRO: Average yields on Egypt's six-month and one-year treasury bills dipped at auction on Thursday, data from the cent

Published 19 Oct, 2017 04:00pm

Financial

Average yields rise on Egypt's six-month, one-year T-bills

CAIRO: Average yields on Egypt's six-month and one-year treasury bills rose at an auction on Wednesday, data from the ce

Published 04 Oct, 2017 06:33pm

Financial

Saudi Arabia in huge new bond sale to finance deficit

RIYADH: Saudi Arabia on Thursday announced it had undertaken another multi-billion dollar bond sale to finance a per

Published 28 Sep, 2017 01:36pm

Financial

Average yields fall on Egypt's six-month, one year T-bills

CAIRO: Average yields on Egypt's six-month and one-year treasury bills fell at an auction on Wednesday, central bank dat

Published 20 Sep, 2017 09:34pm

Financial

Saudi raises 1.87bn USD in new Islamic bond issue

RIYADH: Saudi Arabia has raised 1.87 billion US dollars in a new Islamic bond issue as the kingdom bids to finance a

Published 19 Sep, 2017 12:57pm

Financial

Ghana's 91-day bill yield rises to 13.19pc

ACCRA: The Bank of Ghana said the yield on its weekly 91-day bill rose to 13.19 percent at an auction on Friday, from 12

Published 25 Aug, 2017 06:01pm

Financial

Average yields rise on Egypt's six-month, one-year T-bills

CAIRO: The average yields on Egypt's six-month and one-year treasury bills rose at an auction on Thursday, central bank

Published 17 Aug, 2017 05:06pm

Financial

Ghana's 91-day bill yield edges up to 12.62pc

ACCRA: The Bank of Ghana said the yield on its weekly 91-day bill rose to 12.62 percent at an auction on Friday, from 12

Published 11 Aug, 2017 06:19pm

Financial

Yields on Egypt's 3- and 7-year T-bonds drop after foreign currency jump

CAIRO: The average yields on Egypt's three- and seven-year treasury bonds fell at an auction on Monday, central bank dat

Published 07 Aug, 2017 07:14pm

Financial

South Africa's rand languishes at 3-week lows, stocks inch up

JOHANNESBURG: South Africa's rand fell to a new three-week low against the dollar on Friday as strong US jobs data coupl

Published 04 Aug, 2017 05:17pm

Financial

Yields drop sharply on Egypt T-bills after foreign currency reserves surge

CAIRO: The average yields on Egypt's six-month and one-year treasury bills fell sharply in an auction on Thursday, centr

Published 03 Aug, 2017 06:33pm

Financial

Average yields fall on Egypt's 5- and 10-year T-bonds

CAIRO: Average yields on Egypt's five- and 10-year treasury bonds fell at auction on Monday, central bank data showed, a

Published 31 Jul, 2017 07:47pm

Financial

Average yields on Egypt's 3- and 7-year T-bonds fall

CAIRO: The average yields on Egypt's three- and seven-year treasury bonds fell at an auction on Monday, central bank dat

Published 24 Jul, 2017 04:51pm

Financial

Yields fall on Egypt's three- and nine-month T-bills amid foreign buying

CAIRO: Average yields on Egypt's three-month and nine-month treasury bills fell at an auction on Thursday, data from the

Published 20 Jul, 2017 05:13pm

Financial

Yields fall on Egypt's six-month, one-year T-bills; foreign demand high

CAIRO: The average yields on Egypt's six-month and one-year treasury bills fell in an auction on Wednesday, data from th

Published 19 Jul, 2017 02:10pm

Financial

Nigeria to raise up to 450bn naira in bonds by Q3

LAGOS: Nigeria plans to raise between 360 billion naira and 450 billion naira ($1.18 bln-$1.48 bln) in sovereign bonds m

Published 05 Jul, 2017 04:58pm

Financial

Yields fall on Egypt's 10-yr bonds, rise on 6-month, 1-yr bills

CAIRO: The average yields on Egypt's 10-year treasury bonds fell at an auction on Sunday, while yields on six-month and

Published 02 Jul, 2017 03:21pm

Financial

Nigeria plans to raise 177bn naira in treasury bills

LAGOS: Nigeria plans to raise 177 billion naira ($562 million) of short-dated treasury bills at an auction on July 5, th

Published 28 Jun, 2017 02:20pm

Financial

Nigeria sells five, 10-and 20-year bond at flat rate of 16.19pc

LAGOS: Nigeria has sold a five, 10- and 20-year debt at a flat rate of 16.19 percent at an auction on Wednesday to curta

Published 22 Jun, 2017 12:47pm

Financial

Yields on Egypt 3- and 7-year T-bonds mixed, six- and one-year T-bills rise

CAIRO: Average yields on Egypt's three- and seven-year treasury bonds were mixed at an auction on Wednesday, while avera

Published 21 Jun, 2017 02:15pm

Financial

Yield on Uganda's 91-day Treasury bill climbs to 10.8pc

KAMPALA: The yield on Uganda's benchmark 91-day Treasury bill climbed at an auction on Wednesday where a total

Published 24 May, 2017 02:08pm

Financial

Egypt sees lower yields on five-, 10- and 30-year Eurobonds

CAIRO: Egypt is expected to sell $1.5 billion-$2 billion in dollar-denominated Eurobonds on Wednesday at lower prices th

Published 24 May, 2017 01:50pm

Financial

Rate on Uganda's 91-day Treasury bill climbs slightly

KAMPALA: The yield on Uganda's benchmark 91-day Treasury bill rose a notch at an auction on Wednesday where a

Published 10 May, 2017 01:51pm

Financial

Yields on Egypt's three-month and nine-month T-bills fall

CAIRO: Average yields on Egypt's three-month and nine-month treasury bills fell at an auction on Thursday, data from the

Published 13 Apr, 2017 06:18pm

Financial

Kuwait's $8bn bonds trade near Abu Dhabi after debut issue

DUBAI: Kuwait's $8 billion debut international bond issue traded close to Abu Dhabi bonds in the secondary market on Tuesday, suggesting the Gulf's gold standard for sovereign debt now has competition for investors' attention.

Published 14 Mar, 2017 01:52pm

Financial

Average yield on Egypt's one year, six month T-bills drop at auction

CAIRO: Average yields on Egypt's one-year and six-month treasury bills dropped at an auction on Thursday, data from the central bank showed.

Published 09 Mar, 2017 01:22pm

Financial

Yields rise on Egypt's three and seven year bonds

CAIRO: Average yields on Egypt's 3-year and 7-year Treasury bonds rose at an auction on Monday, data from the central bank showed.

Published 06 Mar, 2017 01:10pm

Financial

Average yields rise on Egyptian six-month and one-year T-bills

CAIRO: Average yields on Egyptian six-month and one-year Treasury bills rose at an auction on Thursday, data from the central bank showed.

Published 23 Feb, 2017 12:38pm

Financial

Nigeria plans 310bn naira treasury bills auction on March 1

LAGOS: Nigeria plans to sell 310.

Published 21 Feb, 2017 01:50pm

Financial

South Africa's rand edges up, mining shares lead stocks higher

JOHANNESBURG: South Africa's rand edged higher on Monday, lifted by improved risk sentiment globally as fears receded over the impact of US President Donald Trump's trade policies.

Published 13 Feb, 2017 05:49pm

Financial

Investment Corp of Dubai sets IPTs for 10-year dollar sukuk

DUBAI: Investment Corp of Dubai (ICD), the Dubai government's main investment arm, set initial price thoughts for a 10-year US dollar sukuk issue in the area of 290 basis points over mid-swaps, a document from arrangers showed on Wednesday.

Published 25 Jan, 2017 08:16am

Financial

Iraq announces sale of $1bn in bonds guaranteed by US

BAGHDAD: Iraq announced the sale of $1 billion in bonds guaranteed by the United States, paying an interest of 2.

Published 22 Jan, 2017 01:23pm

Financial

Yields ease on Egypt's three, nine-month T-bills in weekly auction

CAIRO: Yields on Egypt's three- and nine-month treasury bills eased at an auction on Sunday, central bank data showed.

Published 08 Jan, 2017 03:28pm

Financial

Yields rise on Egypt's three, nine-month T-bills in weekly auction

CAIRO: Yields on Egypt's three- and nine-month treasury bills rose at an auction on Thursday, central bank data showed.

Published 29 Dec, 2016 01:33pm

Financial

Uganda's 91-day Treasury bill yield edges down

KAMPALA: The yield on Uganda's benchmark 91-day Treasury bills edged down at an auction on Wednesday where a total of 160 billion shillings ($44.

Published 21 Dec, 2016 08:04pm

Financial

Nigeria sells more treasury bills after bond auction disappoints

LAGOS: Nigeria's central bank sold more treasury bills than it offered at an auction this week, it said on Friday, to mop up liquidity after the debt office cut the size of a domestic bond sale in view of its high borrowing costs.

Published 16 Dec, 2016 01:45pm

Financial

Nigeria to sell 83bn naira in treasury bills next week

LAGOS: Nigeria plans to sell 83.

Published 13 Dec, 2016 07:29pm

Financial

Yields rise at Egypt six-month, one-year T-bond auction

CAIRO: The average yields on Egyptian six-month and one-year treasury bills rose at an auction on Thursday, central bank data showed.

Published 24 Nov, 2016 03:41pm

Financial

South Africa's Treasury says supports minimum wage recommendation

JOHANNESBURG: South Africa's Treasury said on Wednesday it supported the report by a government-appointed advisory panel that suggested a national minimum wage of 3,500 rand ($245) per month, throwing its political weight behind the policy initiative.

Published 23 Nov, 2016 07:36pm

Financial

Nigeria to raise 117bn naira treasury bills at auction

LAGOS: Nigeria plans to sell 117.

Published 22 Nov, 2016 01:34pm

Financial

South Africa's 3-month T-bill average yield steady

JOHANNESBURG: South Africa sold 3.55 billion rand in three-month Treasury bills on Friday, at an average yield of 7.54 p

Published 28 Oct, 2016 10:56am

Financial

ADFG launches $200mn fund on Abu Dhabi's financial free zone

ABU DHABI:: Abu Dhabi Financial Group (ADFG), on Tuesday launched a $200 million fund to invest in Gulf equities, the fi

Published 25 Oct, 2016 12:45pm

Financial

South Africa's 3-month T-bill average yield inches up

JOHANNESBURG: South Africa sold 3.55 billion rand ($253 million) worth of three-month Treasury bills on Friday at an ave

Published 21 Oct, 2016 10:23am

Financial

Saudi Arabia raises $17.5bn in first international bond offering: HSBC

PARIS: Saudi Arabia raised $17.5 billion in its first international bond issue, HSBC announced Thursday, after the bank

Published 20 Oct, 2016 10:38am

Financial

Burkina Faso to issue two-year 35bn CFA bond on Oct.27

ABIDJAN: Burkina Faso will issue a 35 billion CFA franc ($59 million) two-year bond on Oct. 27, a statement from the Wes

Published 19 Oct, 2016 12:55pm

Financial

Yields rise on Egyptian 3-year and 7-year bonds; 1.5-year bond cancelled

CAIRO: Egypt's Finance Ministry cancelled its 1.5-year treasury bond at Monday's auction while the yields on the

Published 17 Oct, 2016 02:44pm

Financial

Nigeria to auction 138bn naira in treasury bills

LAGOS: Nigeria plans to sell 138.16 billion naira ($454.47 million) in short-dated treasury bills at an auction next Wed

Published 11 Oct, 2016 12:11pm

Financial

South Africa's rand weakens alongside commodity currencies

JOHANNESBURG: South Africa's rand weakened in line with other commodity-driven currencies on Tuesday as the price of

Published 11 Oct, 2016 07:32am

BR100
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 10	278.56
USD PKR Interbank Buying / Jun 10	278.36
USD to Japanese Yen / Jun 10	160.52
USD to Swiss Franc / Jun 10	0.80
Pound Sterling to USD / Jun 10	1.34
Euro to USD / Jun 10	1.15
SOFR % / Jun 10	3.63

Stock	Volume
S&P 500 / Jun 10	7,266.99
India Sensex / Jun 10	73,918.76
Tokyo Nikkei / Jun 10	64,179.27
Nasdaq / Jun 10	25,169.50
Hang Seng / Jun 10	24,407.96
FTSE 100 / Jun 10	10,254.81
Dow Jones / Jun 10	49,918.78
Germany DAX 30 / Jun 10	24,195.31
France CAC40 / Jun 10	8,161.83

Item	Value
Crude Oil USD/Barrel / Jun 10	92.46
Gold 10 Grams PKR / Jun 10	378,170
Gold Spot USD/Ounce / Jun 10	4,068.41
Cotton US¢/pound / Jun 10	75.30
Petrol/Litre / Jun 11	377.78
Diesel/Litre / Jun 11	380.78

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Jun 11 Gulshan Spinning Mills Limited(GSPM)	6.70 ▲ 0.64 (10.56%)
First Fid. Leasing / Jun 11 First Fidelity Leasing Modaraba(FFLM)	11.74 ▲ 1.07 (10.03%)
Data Agro / Jun 11 Data Agro Limited(DAAG)	103.47 ▲ 9.41 (10%)
Elahi Cotton / Jun 11 Elahi Cotton Mills Limited(ELCM)	259.78 ▲ 23.62 (10%)
Tandlianwala Sugar / Jun 11 Tandlianwala Sugar Mills Limited(TSML)	513.04 ▲ 46.64 (10%)
Oilboy Energy / Jun 11 Oilboy Energy Limited(OBOY)	22.14 ▲ 2.01 (9.99%)
Pak. P.V.C. / Jun 11 Pakistan PVC Limited(PPVC)	25.99 ▲ 2.36 (9.99%)
Ansari Sug. / Jun 11 Ansari Sugar Mills Limited(ANSM)	20.61 ▲ 1.87 (9.98%)
Asia Ins. / Jun 11 Asia Insurance Company Limited(ASIC)	39.89 ▲ 3.27 (8.93%)
Leather Up Ltd. / Jun 11 Leather Up Limited(LEUL)	46.25 ▲ 3.65 (8.57%)

Stock	Price
Premium Textile / Jun 11 Premium Textile Mills Limited(PRET)	452.11 ▼ -42.89 (-8.66%)
First Treet Manuf / Jun 11 First Treet Manufacturing Modaraba(FTMM)	17.43 ▼ -1.15 (-6.19%)
Rupali polyester / Jun 11 Rupali Polyester Limited(RUPL)	24.50 ▼ -1.52 (-5.84%)
ZIL Limited / Jun 11 ZIL Limited(ZIL)	320.11 ▼ -18.46 (-5.45%)
B.R.R. Guardian / Jun 11 B.R.R. Guardian Limited(BRRG)	46 ▼ -2.52 (-5.19%)
Idrees Tex. / Jun 11 Idrees Textile Mills Limited(IDRT)	54.90 ▼ -2.78 (-4.82%)
Sapphire Textile / Jun 11 Sapphire Textile Mills Limited(SAPT)	1,450 ▼ -64.13 (-4.24%)
TPL Trakker Ltd / Jun 11 TPL Trakker Limited(TPLT)	21.85 ▼ -0.91 (-4%)
Shadman Cotton / Jun 11 Shadman Cotton Mills Limited(SHCM)	51 ▼ -2.12 (-3.99%)
Pak Gen.Ins. / Jun 11 The Pakistan General Insurance Co. Ltd.(PKGI)	17.95 ▼ -0.72 (-3.86%)

Stock	Volume
Kohinoor Spinning / Jun 11 Kohinoor Spinning Mills Limited(KOSM)	11,661,344 ▲ 0.18
Oilboy Energy / Jun 11 Oilboy Energy Limited(OBOY)	10,094,979 ▲ 2.01
Loads Limited / Jun 11 Loads Limited(LOADS)	7,475,969 ▲ 0.53
Waves Home Appliances / Jun 11 Waves Home Appliances Limited(WAVESAPP)	6,062,118 ▲ 0.39
Amreli Steels / Jun 11 Amreli Steels Limited(ASTL)	5,414,746 ▲ 0.06
TPL Properties / Jun 11 TPL Properties Limited(TPLP)	5,294,941 ▲ 0
The Organic Meat / Jun 11 The Organic Meat Company Limited(TOMCL)	4,614,906 ▲ 0.58
TPL Corp Ltd / Jun 11 TPL Corp Limited(TPL)	4,347,689 ▼ -0.1
TPL REIT Fund I / Jun 11 TPL REIT Fund I(TPLRF1)	3,909,416 ▲ 0.37
Sitara Petroleum Service / Jun 11 Sitara Petroleum Service Limited(SPSL)	3,705,875 ▲ 0.51

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