The risk sentiment in the Asia session holds after the end of the Dow with gains of nearly 1%. US yields have fallen 3 to 5 basis points across the curve, with the 30-year yield at 2.23%, 10-year now at 1.53% and the 5-year yield at 0.78%. The US dollar weakened overnight with the...
Read MoreNEW YORK (UrduPoint News / Sputnik – April 22, 2021) Sanctions prohibiting U.S. banks and institutional investors from purchasing new ruble-denominated bonds at Russian government auctions are symbolic at best, although they may be a missed opportunity for Americans to invest in such debt, Steven Keller, chief investment officer of Wexler Capital, told Sputnik....
Read MoreJust weeks after the start of India’s new borrowing program, the country’s sovereign bond traders and the central bank are gearing up for a third deadly battle. The Reserve Bank of India’s explicit assurance to buy 1 trillion rupees ($ 13 billion) of bonds this quarter failed to encourage more purchases by traders. The...
Read MoreHungary sold more of its first national green bonds than expected as investors flocked to the high yield offered by the world’s longest green debt. Investors offered 141 billion forint ($ 470 million) for local currency notes due in 2051, allowing the debt agency to sell 30 billion forint, 50% more than expected, according...
Read MoreCJ CGV, South Korea’s leading multiplex cinema chain, issues 300 billion won ($ 268.8 million) of subordinated convertible bonds to bolster its financial health after its core movie business suffered a scorching year for the Covid-19 pandemic. “Since new CEO Heo Min-hoi took office, we have focused on reducing...
Read MoreBloomberg Crypto Mogul Adds Bitcoin and Ether Fund Lists to Its Empire (Bloomberg) – Huobi Technology Holdings Ltd. has launched four cryptocurrency-related funds targeting total assets of $ 100 million by September, the latest attempt to mount a mind-boggling rally in digital assets. Huobi Tech is deploying four funds, including those that will be...
Read MoreMONTREAL, April 21, 2021 / CNW Telbec / – Addenda Capital, a private investment management firm, is pleased to announce that Roger beauchemin, President and CEO, was named recipient of From Canada Clean50 Awards and, as a leader in the finance category, won a From Canada Clean16 price (https://www.clean50.com). “From Canada The Clean50 Awards...
Read MoreHONG KONG – China’s securities regulator fined Huachen Automotive Group Holdings and a group of current and former executives nearly $ 9 million for false and incomplete disclosures made during the company’s bond sales bankrupt mother of local BMW joint venture partner. Last week, Hong Kong-listed BMW partner Brilliance China Automotive revealed that it...
Read MoreJERUSALEM – Israel is ready to tap international markets for a benchmark-sized sovereign debt offering in 2021, time and size to be determined and dependent on market conditions, the country’s accountant general said. The issue will most likely be denominated in euros after significant dollar-denominated offers in 2020. Israel typically alternates between the dollar...
Read MoreAmerica’s rise is ending – no less than for now – China’s lengthy reign as the first engine of the $ 90 trillion world economic system. The Biden administration’s gratuitous spending – coupled with the Federal Reserve’s extraordinarily low rates of interest – is fueling the burgeoning U.S. increase and lifting different international locations,...
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