Interest rates on short-term Treasury securities were mixed in yesterday’s auction, with six-month bills falling and three-month bills rising to the highest level in more than six years.
The Treasury Department auctioned $20 billion in three-month bills at a discount rate of 5.035 percent, up from 5.025 percent last week. Another $16 billion in six-month bills […]
The Treasury’s schedule of financing this week includes today’s regular weekly auction of new three- and six-month bills and an auction of four-week bills tomorrow.
At the close of the New York cash market on Friday, the rate on the outstanding three-month bill was 5.15 percent.
The rate on the six-month issue was 5.13 percent, and the […]
Sixteen banks participated in Tuesday’s auction and offered to sell two million dollars, which the bank bought all at 1286 iraqi dinars per dollar.
Economist Abdul-Razzaq Sadeq al-Abaiji told the independent news agency Voices of Iraq (VOI) “the exchange rate was stable for more than a week now leading traders to offer selling dollars in today’s […]
[ February 21, 2007; ] The Russian Finance Ministry will hold an auction on February 21 to sell 15 billion rubles at face value in Federal Loan Bond (OFZ) series 46021, the Central Bank’s PR department said in a statement.
The nominal cost of one OFZ 46021 bond will be 1,000 rubles. The bond has 33 quarterly coupons. The rate of […]
In its annual report on the retail industry and consumer spending in Quebec and Canada, the Conseil québécois du commerce de détail -Retail Council of Quebec, found that retails sales grew in 2006, and that is expected to continue in the rest of 2007.
In 2006 retail sales for both Quebec and the rest of Canada showed overall growth. In Quebec, retail sales increased by nearly 4% (3.7%) while reaching $86.3 billion overall. For the rest of Canada, sales increased by almost 5% (4.6%), to a total $384.8 billion. Together this was the eleventh consecutive year that retail sales increased in Canada.
It was positive factors such as low interest rates, stable inflation and decent job creation levels that kept consumers’ confidence level high throughout the year. However as compared to 2005, growth was slightly down.
Google has created a searchable index of Google Earth data files, a feature that should make it easier for users to find and adopt third-party overlays for this popular mapping application.
Google Earth’s search engine now returns KML (Keyhole Markup Language) files which developers have created to add data to the application’s maps, the Mountain View, […]
The average weighted price for Bank of Russia (OBR) bond series 04003 offered at auction Thursday with mandatory buyback on June 15, 2007 was 98.467% of face value, which corresponds to yield of an annual 4.78%.
The Central Bank reported that 2.322 million rubles (face value) worth of the bonds were sold of a 10 billion […]
The Brazilian Central Bank said late Monday that it would sell the equivalent of $450 million in foreign-exchange swap contracts at an auction Tuesday.
The bank said it would offer 9,900 reverse-swap contracts at three different maturities. The contracts on offer Tuesday will help roll over the $450 million in previously sold reverse-swap contracts that […]
Shares in Vodafone are expected to open higher on Monday after it beat rival suitors with an $11.1 billion bid for a controlling stake in Hutchison Essar, India’s fourth-biggest mobile phone firm.
The deal, confirmed late on Sunday, gives British-based Vodafone a powerful stake in the world’s second-biggest and fastest-growing mobile phone market.
It is also a […]
Three private equity firms are competing in an auction to acquire controlling interest in Victor Co. of Japan, parent of JVC of America, from Matsushita Electric Industrial, according to a report from the Wall Street Journal.
The firms, which include San Francisco-based Texas Pacific Group, Hong Kong-based CCMP Capital Asia and London-based Permira Advisers have reportedly […]
