*Nigerian firms issued $5 billion hard currency bonds since 2007. Companies in Africa's largest economy have rushed in recent years to take advantage of rock-bottom global borrowing costs and investors' hunger for yield, selling some $5 billion in hard currency bonds since 2007, according to Thomson Reuters data. Of this more than $2 billion was raised this...» Read More
NEW YORK, Aug 8- Investors worldwide pulled a record $11.4 billion out of high-yield junk bond funds and bailed out of stock funds at the most frantic pace in six months in the week ended Aug. 6, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
LONDON, Aug 8- Prices of dollar bonds issued by Ukrainian companies and banks have fallen on fears the country's difficult economic and political situation is making it hard for them to repay short-term debt. The following are some of the Ukrainian corporate bonds that will mature in coming years:.
Treasuries climbed again on Friday, leaving benchmark yields at 14- month lows, amid a sell-off in global equities markets after President Barack Obama ordered targeted air strikes in Iraq.
NEW YORK, Aug 8- Holdout creditors are considering an offer from international banks of 80 cents on the dollar for at least part of their holdings of about US $1.66 bn of Argentina debt, but the road to any deal will be fraught with difficulty.
NEW YORK, Aug 8- U.S. stocks were set to rise Friday, with futures reversing earlier losses, as optimism over the Ukraine crisis offset concerns over the implications of U.S. air strikes on Iraq. Market participants said a rebound in U.S. stock index futures Friday was kindled by a report which said Russia was aiming to de-escalate the conflict in Ukraine.
NEW YORK, Aug 8- U.S. stock index futures edged up on Friday, reversing sharp losses earlier that came on the back of a U.S. government authorization of air strikes in Iraq, which added to concerns about escalating conflicts in Ukraine and the Gaza Strip.
President Barack Obama authorized targeted air strikes in Iraq, stoking fears of another drawn-out conflict in the region. Fighting also resumed in Gaza between Palestinian militants and Israel while NATO's calls for Russia to "step back from the brink" of war in Ukraine were still ringing in ears of volatile markets.
President Barack Obama authorised targeted air strikes in Iraq, raising worries of another drawn-out conflict in the region. It came as fighting also resumed in Gaza between Palestinian militants and Israel and with NATO's calls for Russia to "step back from the brink" of war in Ukraine still ringing in ears of volatile markets.
The creditors are considering an offer from Citigroup, JP Morgan, HSBC and Deutsche Bank of 80 cents on the dollar for their roughly $1.66 billion of Argentine debt, Thomson Reuters IFR reported on Wednesday.
Ten-year notes, whose yields topped 2.50 percent on Tuesday, were up 17/ 32 in price at the New York close to yield 2.417 percent, the lowest payout since June 20, 2013, according to Reuters data. A big increase in Treasury prices, which pushed five-year yields to a four-week low, came after a report that a Ukrainian Mig-29 fighter was downed by rebel forces in Ukraine.
*Ukraine crisis threatens euro zone economy, Draghi says. A big jump in Treasury prices, which also took 5- year yields to a four-week low, came after a report that a Ukrainian Mig-29 fighter was downed by rebel forces in Ukraine.
NEW YORK, Aug 6- The possibility of a wave of "me-too" claims against Argentina is threatening to scupper any of the relief the sovereign might eventually gain from ongoing talks between international banks and litigant investors.
The creditors are considering an offer from Citigroup, JP Morgan, HSBC and Deutsche Bank of 80 cents on the dollar for their roughly $1.66 billion holdings of Argentine debt, Thomson Reuters IFR revealed on Wednesday. Argentina's Economy Ministry declined to comment but has said previously there was nothing to prevent private parties reaching an agreement.
*Ukraine crisis threatens euro zone economy, Draghi says. A big jump in Treasury prices, which also took 5- year yields to a four-week low, came on an AFP report of a fighter plane downed in Ukraine, according to financial market sources.
*Ukraine crisis threatens euro zone economy, Draghi says. NEW YORK, Aug 7- U.S. But Treasuries rose again as European Central Bank President Mario Draghi told reporters in Frankfurt that the Ukraine crisis threatened the euro zone economy.
TORONTO, Aug 7- Manulife Financial Corp unexpectedly hiked its dividend for the first time since the financial crisis on Thursday, as it reported quarterly profits that jumped on stronger financial markets but was just shy of analysts' expectations.
NEW YORK, Aug 7- U.S. stock index futures edged up on Thursday ahead of jobless claims data, amid a backdrop of an escalation of tensions as Russia banned Western food imports in retaliation against Western sanctions.
*Areva's BBB- long term rating just one notch above junk. *Areva earnings guidance not in line with S&P assumptions. PARIS, Aug 7- French nuclear group Areva could find its investment grade credit rating under threat after warning of lower sales last week, which upset the assumptions of the only agency that rates its debt.
LONDON, Aug 7- Russian bond yields surged to multi-year highs on Thursday as food import restrictions fanned inflation fears, while the rouble hit new 4-1/ 2 month lows, leading a swathe of emerging currencies slipping against the dollar.
The problem is particularly acute in Italy, where the economy shrank again in the second quarter and where Prime Minister Matteo Renzi has led calls for greater flexibility in European budget rules to allow it to spend more.