The Central Bank of Cyprus, acting on behalf of the government of Cyprus held an auction for 10-year maturing bonds as well as a Treasury Bills auction with 13 weeks maturity, for which it received bids, but decided not to accept any. For the 10-year bond, with a coupon of 4.5% and for up to […]

Brazil, the world’s biggest coffee grower, agreed to subsidize all 4 million bags of beans offered at an auction after a currency rally eroded export profits.
Brazil will pay growers a subsidy of 39.99 reais ($20.40) a bag to supplement prices paid by roasters and exporters, the Agriculture Ministry said. Today’s auction was the first […]

Neft-Aktiv, a wholly-owned subsidiary of Russian state-controlled oil major Rosneft, has signed an agreement to purchase the oil retailers that were earlier bought by Russian company Unitex from bankrupt oil company Yukos, Rosneft said in a press release Tuesday.
Rosneft has agreed to pay 16.324 billion rubles for the assets.
Unitex bought 495 retail stations and neighboring […]

The Bangladesh government has issued two new treasury bonds of 15-year and 20-year terms. The goal of the latest issue is to attract more investors and activate the country’s secondary bond market, officials say in the capital, Dhaka on Monday.
Besides, the Bangladesh Bank (BB), the country’s central bank, on Monday amended the auction system of […]

Bond broker Cantor Fitzgerald LP said it completed a “successful auction” of assets from Bear Stearns Cos. Inc. (BSC.N: Quote, Profile, Research), a company spokesman said on Friday.
Bear Stearns on Friday said it would provide up to $3.2 billion in financing for a struggling hedge fund it manages. For details, click on (ID:nN22483393: Quote, Profile, […]

The Reserve Bank of India (RBI) decided to conduct 182-day, 91-day T-bills auction in next week.
At the `Multiple Price Auction`, the RBI will auction 91-day treasury bills for a notified amount of Rs 50 billion on Jun. 25.
Similarly, 182-day T-bills will be auctioned for Rs 25 billion under the regular auction calendar on […]

The French Treasury said the average accepted 5-year yield at today’s auction of annual coupon Treasury bills (BTANs) rose to 4.64 pct from 4.28 last month.
No 2-year bills were auctioned off at this month’s BTAN auction.
The Treasury allocated 4.870 bln eur of the 4.50 pct BTAN due July 2012 compared with bids of 10.020 bln, […]

At Alrosa’s 22nd international auction for special sizes rough diamonds, held on Wednesday, 165 parcels were sold for more than $45.2 million. Special size auctions offer rough diamonds weighing more than 10.8 carats.
21 thousand carats of large rough diamonds were put up for auction, including 16 stones, each weighing more than 50 carats. The largest […]

Merrill Lynch & Co. on Wednesday launched an auction of assets from two troubled hedge funds controlled by Bear Stearns Cos., triggering a rarely seen confrontation between two major Wall Street players.
Multiple people familiar with the auction, speaking on condition of anonymity because they were not authorized to discuss it publicly, confirmed that it took […]

One of the five members of the U.S. Federal Communications Commission on Wednesday threw his support behind a proposal that would require the winner of a coming auction of valuable wireless airwaves to offer access to rivals.
Commissioner Jonathan Adelstein, a Democrat, said he supports the idea of imposing an “open-access” condition on companies bidding to […]