Latest news with #GovernmentBonds
Zawya
3 days ago
- Business
- Zawya
Japanese government bond yields retreat after strong 10-year note auction
TOKYO - Yields on 10-year Japanese government bonds sank on Tuesday, reversing an earlier rise, after results of an auction of the securities saw the highest demand since April last year. The 10-year yield dropped 3 basis points (bps) to 1.475%, as of 0349 GMT, following an earlier rise of as much as 1.5 bps as Japanese yields initially tracked a rise among U.S. peers from overnight. Benchmark 10-year JGB futures rose 0.15 yen to 139.17 yen. Two-year JGB yields slipped 0.5 bp to 0.745%. Other tenors had yet to trade following the announcement of the auction results at 0335 GMT. Mizuho's chief desk strategist, Shoki Omori, called the result "a remarkably robust outcome ... that likely caught most observers off guard." The bid-to-cover ratio, a measure of demand that gauges the number of bids against the amount of securities on offer, rose to 3.663 from 2.544 at the prior sale in May. At the auction last April, the ratio was 3.799. (Reporting by Kevin Buckland; Editing by Sonia Cheema)
Zawya
20-05-2025
- Business
- Zawya
CBB 12 month treasury bills Issue No. 128 oversubscribed
RELATED TOPICS FINANCIAL SERVICES Manama, Bahrain – This week's BD 100 million issue of Government Treasury Bills has been oversubscribed by 139%. The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue date of the bills is 22nd May 2025, and the maturity date is 21st May 2026. The weighted average rate of interest is 5.12% compared to 5.03% of the previous issue on 17th April 2025. The approximate average price for the issue was 95.081% with the lowest accepted price being 94.823%. This is issue No. 128 (ISIN BH0002SG78H4) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
