Latest news with #governmentbond
Bloomberg
23-07-2025
- Business
- Bloomberg
Japan 40-Year Bond Auction Sees Weakest Demand Ratio Since 2011
Japan's 40-year government bond auction saw its weakest demand since 2011 amid concerns over government spending and after the US and Japan reached a trade deal. The bid-to-cover ratio, a measure of demand, came in at 2.127, compared to 2.214 at the previous auction.
Bloomberg
17-07-2025
- Business
- Bloomberg
Millions Wiped Off UK Debt as 239-Year-Old Agency Buys Gilts
Millions of pounds will be wiped off the UK's debt stockpile after a two-centuries-old government body invested a gift from private donors into a gilt maturing this year. The Commissioners for the Reduction of the National Debt — which can trace its origins back to 1786 — bought £586 million ($785 million) of a government bond maturing in Oct. 2025, according to accounts published Thursday. It will 'cancel' these purchased notes, thus slightly reducing the UK's roughly £3 trillion debt stock.
Reuters
25-06-2025
- Business
- Reuters
South African rand gains as Israel-Iran truce lifts risk sentiment
JOHANNESBURG, June 25 (Reuters) - The South African rand gained in early trade on Wednesday as a fragile ceasefire between Israel and Iran supported risk appetite and provided relief after days of geopolitical tension. At 0622 GMT, the rand traded at 17.7675 against the dollar , up about 0.2% on Tuesday's close. The dollar last traded flat against a basket of currencies. With a fairly muted domestic economic calendar, investor focus will mainly be on the ceasefire. On Thursday, all eyes will be on the producer price index (ZAPPIY=ECI), opens new tab and the South African Reserve Bank's quarterly bulletin, which will shed light on foreign direct investment flows in Africa's most industrialised economy. South Africa's benchmark 2035 government bond was little changed in early deals, as the yield rose 0.5 basis points to 9.955%.
Reuters
20-06-2025
- Business
- Reuters
South African rand flat as uncertainty over Middle East conflict hangs over markets
JOHANNESBURG, June 20 (Reuters) - The South African rand was trading almost flat early on Friday, as investors worried about conflict in the Middle East, with Israel and Iran's air war entering a second week and a decision on potential U.S. involvement. At 0649 GMT the rand traded at 18.0250 against the dollar , little changed from Thursday's close. The U.S. dollar also traded flat against a basket of currencies with investors in limbo after the White House said on Thursday that Trump will decide in the next two weeks whether the U.S. will get involved in the Israel-Iran war. No major domestic data releases are due on Friday but domestically, investors will look to producer inflation (ZAPPIY=ECI), opens new tab and leading indicator (ZALEAD=ECI), opens new tab data set to be released next week, to gauge the health of Africa's most industrialised economy. South Africa's benchmark 2035 government bond was marginally stronger in early deals, as the yield fell 2 basis points to 10.12%.
Reuters
19-06-2025
- Business
- Reuters
South African rand slips as risk appetite wanes, focus on central bank review
JOHANNESBURG, June 19 (Reuters) - The rand weakened in early trade on Thursday, weighed down by risk-off sentiment as the Iran-Israel conflict continued into a seventh day and as investors awaited the South African Reserve Bank's (SARB) Financial Stability Review. At 0651 GMT, the rand traded at 18.1075 against the U.S. dollar , roughly down 0.5% on Wednesday's close, and at it's lowest level in a month. This was in line with other emerging market peers as investors fled to safe haven assets while weighing the possibility of U.S. involvement in the Iran-Israel conflict. Later on Thursday, domestic investor attention will shift to the central bank's June Financial Stability Review, in which it evaluates risks to the country's financial stability and outlines the policy actions taken to mitigate them. Last month, the SARB cut its main lending rate, but stressed that U.S. President Donald Trump's trade war and elevated uncertainty were likely to pose risks. South Africa's benchmark 2035 government bond was weaker in early deals, with the yield rising 4 basis points to 10.16%.
