Archive for September, 2007

Reserve Bank of India auctions 91-day T-bills

Wednesday, September 19th, 2007

RBI auctioned 91-day T-bills today (September 19), which was oversubscribed.
The notified amount for the auction was Rs 35 billion out of which Rs 30 billion was market stabilization scheme (MSS) amount. The multiple price-based auction for the bills remained oversubscribed. RBI received 85 competitive bids worth Rs 78.38 billion for the bills. However, it accepted […]

South Africa to launch inflation-linked bond

Tuesday, September 18th, 2007

South Africa’s National Treasury said on Monday it will launch a new inflation-linked bond (ILB), the R210, maturing on March 31, 2008.
The auction, to be held on Friday, would be conducted on a single price basis, with the coupon set at 25 basis points below the weighted average yield resulting from bids received at the […]

Hong Kong shares lower ahead of US rate decision

Tuesday, September 18th, 2007

Share prices were lower in early trade following a weak showing on Wall Street overnight and caution ahead of the US Federal Reserve’s interest rate decision tonight.
Troubles at UK mortgage lender Northern Rock also prompted investors to continue to lock in profits after the market’s recent run-up.

UK DMO auction of 2.5 bln stg in gilts maturing 2012 covered 1.98 times

Monday, September 17th, 2007

The UK’s Debt Management Office said its auction of 2.5 bln stg in gilts maturing in 2012 was covered by bids 1.98 times.
Bids for the gilts, which carry a yield of 5.25 pct, totaled 4.95 bln stg.
The highest accepted price was 101.11 stg with a yield of 4.982 pct, while the lowest accepted price was […]

Collectors Universe CEO: New software, Europe expansion will generate growth

Sunday, September 16th, 2007

Collectors Universe, Inc. (Nasdaq: CLCT) CEO Michael Haynes today said the company expects to benefit from a recent upgrade of its computer systems and a European expansion program.
The company, which provides authentication and grading services to dealers and collectors of high-value collectibles, diamonds and colored gemstones, said it hired a European business director. Haynes said […]

Collectors Universe, Inc. swings to a fiscal Q4 loss

Saturday, September 15th, 2007

Collectors Universe, Inc. (Nasdaq: CLCT), which provides authentication and grading services to dealers and collectors of high-value collectibles, diamonds and colored gemstones, reported that it swung to a net loss for its fiscal fourth quarter.
For the three months ended June 30, the Newport Beach, Calif.-based company recorded a net loss of $0.10 per diluted share, […]

Verizon sues FCC over open-access auction

Saturday, September 15th, 2007

Verizon Wireless has encountered strong opposition for its request that an appeals court overturn U.S. Federal Communications Commission auction rules on a portion of wireless spectrum.
Verizon Wireless, in a brief filed Monday, asked the U.S. Court of Appeals for the District of Columbia Circuit to review the FCC’s decision to require so-called open-access rules on […]

DotMobi Offers Monthly Auctions

Friday, September 14th, 2007

Top level domain dotMobi (dotmobi.com) announced on Thursday it is offering the first in a series of three monthly online auctions for highly desired premium domain names, including ask.mobi, atm.mobi, cars.mobi, love.mobi and moto.mobi. Starting September 26, the first anniversary of .mobi’s general availability, Sedo (sedo.com) will auction 100 premium names, with additional auctions to […]

Kyrgyz Stock Exchange starts auctions

Friday, September 14th, 2007

The Kyrgyz stock exchange (КSE) together with Finance Ministry, Central Depositary and Kyrgyzstan National Bank starts a project using auctions to sell state treasury promissory notes, reportes the KSE press service.
According to the press service, auctions start today, September 14. The event will be celebrated by a ceremony joined by Kyrgyzstan President Kurmanbek Bakiyev.
KSE plans […]

Greek state to auction 1.5 bln eur of 5-year bonds - Sep 18

Friday, September 14th, 2007

The Greek state plans to auction 1.5 bln eur of 5-year bonds on Tuesday, Sept 8, Greece’s Public Debt Management Agency (PDMA) said.
The 5-year bond has a fixed annual coupon of 4.1 pct and expires Aug 20, 2012.
The first coupon payment will be paid on Aug 20, 2008
Settlement date will be Friday, Sept 21, and […]