Iraq will auction 15 onshore oil and gas assets once its new hydrocarbons law is passed, a top oil ministry official said yesterday in India during a visit to drum up Indian interest in building new refineries.
“Iraq is preparing 15 fields and blocks for first round of auction after approval of the oil and gas […]

Japan’s 20-year bonds had their biggest decline since March on speculation traders will sell to protect against potential losses at an auction tomorrow.
Brokerages often reduce holdings before government sales in case yields rise before they can pass on the new debt to investors. The yield spread between 20-year bonds and two-year notes dropped to the […]

Germany’’s auction of new 10-year bunds was covered by bids 1.71 times, the Bundesbank said.
A total of 6.259 bln eur was allotted at the auction while 740.4 mln eur was set aside for secondary market operations, taking the total up to 7 bln eur.
The Bund carries a yield of 4.25 pct.
Bids totaled 10.692 bln eur […]

British gilt futures made a tentative recovery on Tuesday, cheered by a well-received auction of 20-year index-linked bonds and firmer overseas debt markets.
Equity market gains and expectations of further interest rates rises in Britain and the euro zone have put bonds under pressure in recent sessions. On Monday, gilt futures touched a contract low and […]

China’s money market rates and bond yields rose sharply across the curve on Tuesday after the central bank auctioned one-year bills at a higher-than-expected yield.
The bank sold 10 billion yuan ($1.3 billion) of bills in its regular money market operation at 3.0928 percent, above market forecasts of between 3.02 and 3.07 percent. The weekly […]

Government of India have announced the sale (re-issue) of “7.38 per cent Government Stock, 2015” for a notified amount of Rs. 5,000 crore (nominal) through a price based auction using multiple price method. Government of India have also announced the sale (re-issue) of “8.35 per cent Government Stock, 2022″ for […]

Private investment firm Carrington Capital Management LLC and an affiliate won a bankruptcy auction of New Century Financial Corp.’s loan servicing business, agreeing to purchase the core asset from the collapsed subprime mortgage lender for $188 million, New Century said late Wednesday.
Carrington and affiliate Carrington Mortgage Services LLC bested an unspecified number of bidders at […]

One half hour and total bids in the amount of $66 million brought the fifth online Certificate of Deposit auction, hosted by the Board of Treasury Investments, to a close early Tuesday.
The fast-moving event that put $25 million out for bid was conducted on the Internet, but the process was observed live from a classroom […]

India plans to auction 80 new oil and gas blocks in August under its next exploration licencing round, an oil ministry official said on Monday.
“Earlier we had plans to launch it in April-May,” the official, who did not wish to be identified, said. India plans to auction 80 new oil and gas blocks in August […]

Japanese government bonds fell on Monday, hurt by a rise in share prices and selling by dealers looking to hedge against a five-year debt auction in the following session.
The yield on two-year notes, the most sensitive to the monetary policy outlook, hit a 10-month high on Monday on growing expectations that the Bank of Japan […]