GO
Loading...

Securities

More

  • NEW YORK/ LONDON, Aug 21- The International Swaps and Derivatives Association has set an action date of September 3 to settle Argentina's credit default swaps after including two controversial yen-denominated bonds in the list of deliverable securities.

  • But the judge declined to hold Argentina in contempt despite the urging of the two leading holdout creditors, saying such a finding would not "add anything to the scales" to encourage a settlement.

  • Just over quarter of Detroit water/sewer bonds tendered Thursday, 21 Aug 2014 | 5:33 PM ET

    Aug 21- Bondholders of $5.2 billion of Detroit water and sewer revenue bonds turned in only 28.34 percent of the debt for repurchase by Thursday's expiration of the city's tender offer, according to tender agent data.

  • NEW YORK, Aug 21- U.S. The highlight of the meeting, starting later Thursday and sponsored by the Kansas City Federal Reserve, is the speech on Friday by Fed Chair Janet Yellen at 10 a.m. EDT, where she is expected talk about labor markets.

  • NEW YORK/ LONDON, Aug 21- The International Swaps and Derivatives Association will include two yen- denominated bonds in the list of securities used to settle Argentina's credit default swaps, a move that will likely reduce the payout for protection holders.

  • NEW YORK, Aug 21- U.S. The highlight of the meeting, starting later Thursday and sponsored by the Kansas City Federal Reserve, is the speech on Friday by Fed Chair Janet Yellen at 10 a.m. EDT, where she is expected talk about labor markets.

  • NEW YORK, Aug 21- The U.S. judge who barred Argentina from servicing its debt until it settled with investors demanding full payment on their bonds scheduled a new hearing on Thursday, after the country unveiled plans to sidestep his ruling that led it to default for the second time in a dozen years.

  • NEW YORK, Aug 21- The U.S. judge overseeing the long-running litigation over Argentina bonds has scheduled a hearing for 3 p.m. EDT in New York, after Argentine officials announced plans to skirt his court rulings that pushed the country into default.

  • WASHINGTON, Aug 21- Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities. Bank of America said the accord is expected to reduce third-quarter earnings by about $5.3 billion before taxes, or about 43 cents per share after taxes.

  • *Letter sent to BCBS, IOSCO. HONG KONG, Aug 21- The international banking industry has asked regulators for more time to implement derivatives rules that could add $800 billion to the global financial industry's cost of doing business, people familiar with the matter said.

  • *Jackson Hole conference to begin. *Bank of America gains before expected settlement deal. NEW YORK, Aug 21- U.S. stock index futures edged higher on Thursday, ahead of a flurry of economic data and the start of the meeting of top central bankers and economists in Jackson Hole, Wyoming.

  • JGBs slip, tracking U.S. Treasuries after Fed minutes Thursday, 21 Aug 2014 | 12:18 AM ET

    TOKYO, Aug 21- Japanese government bond prices slipped on Thursday, tracking U.S. The Bank of Japan refrained from making any purchases under its massive asset-buying programme, as it typically does on days when the Ministry of Finance conducts a sale. A stronger U.S. dollar and rising Tokyo stocks also had some negative impact on JGBs.

  • Aug 20- Just over a quarter of Detroit's $5.2 billion of outstanding water and sewer revenue bonds were returned to the city for repurchase on Wednesday, 24 hours before the tender offer was due to expire.

  • An acceleration could leave Argentina facing claims of up to $30 billion, more than the government holds in foreign reserves.

  • TREASURIES-Yields climb to one-week peaks on Fed minutes Wednesday, 20 Aug 2014 | 3:17 PM ET

    *Fed minutes say surprised about quick progress in U.S. job market. NEW YORK, Aug 20- U.S. "The Fed came out with a hawkish tone in its minutes and people's perception is that the Fed will move soon on rates," said Tom di Galoma, head of fixed income rates and credit trading at ED&F Man in New York.

  • NEW YORK, Aug 20- U.S. Looks like we are continuing that move ahead of the Fed minutes today, "said Ellis Phifer, market strategist at Raymond James in Memphis, Tennessee. Some of the Fed's counterparts at the Bank of England voted unexpectedly to raise interest rates this month, according to minutes of the BOE's policy meeting of Aug. 6-7.

  • Japanese government bonds attract overseas buyers Wednesday, 20 Aug 2014 | 3:13 AM ET

    Data from the Japan Securities Dealers Association showed that foreign net purchases of JGBs, excluding treasury bills, totalled 1.28 trillion yen, the largest amount since June 2012.

  • Benchmark JGBs edge down, BOJ purchases support market Tuesday, 19 Aug 2014 | 11:31 PM ET

    TOKYO, Aug 20- Benchmark Japanese government bond prices edged slightly down on Wednesday in quiet trade, while other tenors were steady as buying by the Bank of Japan supported the market.

  • Argentina slid into default last month after a New York court blocked an interest payment of $539 million owed to holders of debt that was restructured after the country's record 2002 default.

  • TOKYO, Aug 20- Asian stocks were steady on Wednesday after strong U.S. housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar well bid against the euro and yen. MSCI's broadest index of Asia-Pacific shares outside Japan was flat.