Archive for February, 2007

Russian Central Bank to hold bond auction March 15

Monday, February 26th, 2007

The Russian Central Bank is to hold an auction for 250 billion rubles in first issue Central Bank bonds on March 15. The bonds mature on October 18, 2007 and have a put option.
According to a statement from the Central Bank’s PR department, the Central Bank series 04001 bonds acquired at the auction may be […]

US Treasury prices fall ahead of auction

Friday, February 23rd, 2007

Treasury bond prices fell Thursday as investors sold ahead of the five-year Treasury auction and in the aftermath of Wednesday’s inflation data that came in stronger than expected.
At midday, the 10-year Treasury note was down $2.81 per $1,000 in face value, or 9/32 point, from its level at 5 p.m. Wednesday. Its yield, which moves […]

RBI auctions 10-Year Loans for 7 states

Thursday, February 22nd, 2007

The auction of 10-year state development loans of seven state governments was oversubscribed, on improved liquidity in the system.
Uttar Pradesh raised the highest amount of Rs 16.15 billion via this auction, where the cut-off yield was fixed at 8.45%. Tamil Nadu raised Rs 5 billion with a cut-off yield of 8.19%. The state government […]

Ex Yukos bosses in auction anger

Thursday, February 22nd, 2007

The former management of Russian oil firm Yukos have condemned the move to auction off the company’s assets.
Five Russian oil refineries and 400,000 barrels of daily oil production will be among the assets of Yukos going under the hammer from March.
The receiver values the assets at about $22bn, but Yukos owes the government $26bn in […]

Japanese govt bonds close mostly higher after auction of 20-year bonds

Thursday, February 22nd, 2007

Japanese government bond prices closed mostly higher after the result of today’s auction of 20-year government bonds cheered investors, dealers said.
Dealers said longer-dated bonds had attracted buying interest among institutional investors as they built up their holdings in preparation for the closing of their books next month.

Dollar solid as Fed maintains tightening bias

Thursday, February 22nd, 2007

The dollar was firm on renewed speculation of further interest rate hikes this year from the US Federal Reserve after the minutes to its last rate-setting meeting continued to show a tightening bias.
Analysts said the news, coupled with stronger than expected US inflation data for January, has reinforced expectations that there won’t be any change […]

US T-bill rates are mixed at auction

Wednesday, February 21st, 2007

Interest rates on short-term Treasury securities were mixed in yesterday’s auction, with six-month bills falling and three-month bills rising to the highest level in more than six years.
The Treasury Department auctioned $20 billion in three-month bills at a discount rate of 5.035 percent, up from 5.025 percent last week. Another $16 billion in six-month bills […]

US Treasury Bill Auctions

Monday, February 19th, 2007

The Treasury’s schedule of financing this week includes today’s regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow.
At the close of the New York cash market on Friday, the rate on the outstanding three-month bill was 5.15 percent.
The rate on the six-month issue was 5.13 percent, and the […]

Stable exchange iraqi dinar rate propels dollar sales high in Iraqi auction

Saturday, February 17th, 2007

Sixteen banks participated in Tuesday’s auction and offered to sell two million dollars, which the bank bought all at 1286 iraqi dinars per dollar.
Economist Abdul-Razzaq Sadeq al-Abaiji told the independent news agency Voices of Iraq (VOI) “the exchange rate was stable for more than a week now leading traders to offer selling dollars in today’s […]

Russia - Ministry to hold auction for 15 bln rubles in OFZ 46021 on Feb 21

Friday, February 16th, 2007

The Russian Finance Ministry will hold an auction on February 21 to sell 15 billion rubles at face value in Federal Loan Bond (OFZ) series 46021, the Central Bank’s PR department said in a statement.
The nominal cost of one OFZ 46021 bond will be 1,000 rubles. The bond has 33 quarterly coupons. The rate of […]