Investing Securities

  • Oct 3- JPMorgan Chase& Co on Monday said it was launching a global government bond index that will offer fund managers higher potential yields by including a larger percentage of emerging market bonds than traditional global bond indexes. The index is called the JPM GBI aggregate diversified fund and is made up of both investment grade and high yield bonds, with...

  • MEXICO CITY, Oct 3- Mexican state oil company Pemex has issued $4 billion in bonds and repurchased debt worth $1.5 billion as part of a plan to strengthen its finances, Chief Financial Officer Juan Pablo Newman said on Monday. Newman told reporters in Mexico City the two bonds worth $2 billion each would have maturities of seven and almost 31 years, paying yields of...

  • Bank of America Merrill Lynch was the top underwriter of muni bonds during 2016' s first nine months with 408 deals, totaling nearly $50 billion. So far, California's treasurer and Illinois' governor have suspended the bank from underwriting their states' bonds, while the city of Chicago could take up a two-year ban as soon as this week. New York City's Transitional...

  • BOGOTA, Oct 3- Colombian financial markets slid on Monday on concern that voters' rejection of a peace deal with Marxist rebels could jeopardize tax reforms aimed at compensating for lost oil income, putting pressure on the nation's credit ratings. Colombians voted narrowly against a pact with the Revolutionary Armed Forces of Colombia in Sunday's...

  • BOGOTA, Oct 3- Colombian financial markets dipped on Monday in anxiety over voters' rejection of a peace deal with Marxist rebels that may complicate government efforts to maintain the nation's credit ratings and pass tax reforms to compensate for lost oil income. Colombia's 5- year credit default swaps were at 177 bps compared with Friday's 170 bps close, the...

  • *Spain's 10- year bond yield hits all-time low. *Attention turns to risks facing Italy, Portugal. LONDON, Oct 3- Spain's 10- year bond yield touched a record low on Monday, outperforming most other euro zone peers on hopes that the resignation of the Socialist party leader at the weekend would pave the way for the formation of a new government.

  • NEW YORK, Oct 3- U.S. Traders are now pricing for a 62 percent chance of a hike in December, and a 11 percent chance of a rate increase in November, according to CME Group's FedWatch Tool. "A strong number tells the market that the Fed might actually go," said Gennadiy Goldberg, interest rate strategist at TD Securities in New York.

  • BOGOTA, Oct 3- Colombian markets dipped on Monday on concerns that voters' rejection of a peace deal with Marxist FARC rebels would complicate government efforts to maintain the nation's credit ratings and pass tax reforms to compensate for lost oil income. Colombians voted narrowly against a pact with the Revolutionary Armed Forces of Colombia in Sunday's...

  • LONDON, Oct 3- Sterling slid towards a three-decade low on Monday after Prime Minister Theresa May set a March deadline for the formal departure process from the European Union to begin, sending British shares to a 16- month high. May said she would invoke Article 50 no later than the end of March next year, referring to the EU's Lisbon Treaty that formally puts the...

  • US TREASURY PRICES FALL AFTER MANUFACTURING DATA, 10- YEAR YIELDS RISE TO 1.6083 PERCENT.

  • LONDON, Oct 3- BlackRock, the world's biggest asset manager, has told an international financial watchdog it supports plans to stress test individual mutual funds to make sure they function properly during extreme market conditions. In a Sept. 21 letter to the FSB posted on its website, BlackRock said: "We believe there is merit in developing principles for the...

  • *Spain's 10- year bond yield hits all-time low. *Attention turns to risks facing Italy, Portugal. LONDON, Oct 3- Spain's 10- year bond yield hit a record low on Monday, outperforming most euro zone peers on hopes that the resignation of the Socialist party's leader at the weekend would pave the way for the formation of a new government.

  • *Spain's 10- year bond yield hits all-time low. The leader of Spain's Socialists, Pedro Sanchez, resigned on Saturday after losing a vote triggered by a party revolt, a step that could pave the way for the formation of a new government and end a nine-month political deadlock. Spain's 10- year bond yield fell almost 2 basis points to record low at 0.866 percent.

  • LONDON, Oct 3- Spain's 10- year government bond yield fell to a new record low on Monday, on hopes that the resignation of the Socialist party's leader at the weekend would help pave the way for the formation of a new government. The leader of Spain's Socialists, Pedro Sanchez, resigned on Saturday after losing a vote triggered by a party revolt, a step that could pave...

  • TOKYO, Oct 3- The Bank of Japan's assertion that it can control the entire span of market interest rates is an exaggeration as in practice it is only targeting the benchmark 10- year bond yield, former BOJ board member Atsushi Mizuno said. He said the new strategy showed the BOJ was stepping back from its lead role in stimulating the economy, putting the onus on Prime...

  • *CEO will be in Washington this week. FRANKFURT, Oct 2- Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. A media report late on Friday that Deutsche and the U.S. Department of Justice were close to...

  • TOKYO, Oct 3- Yields on superlong Japanese government bonds dipped on Monday as investors registered relief that the Bank of Japan only slightly trimmed its JGB buying, while yields on shorter maturities rose in tandem with U.S. bond yields. The BOJ said on Friday it will trim the amount of its buying operation in JGBs with maturity over 10 years to 300 billion yen...

  • *CEO will be in Washington this week. FRANKFURT, Oct 2- Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. A media report late on Friday that Deutsche and the U.S. Department of Justice were close to...

  • *CEO will be in Washington this week. FRANKFURT, Oct 2- Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. Deutsche Chief Executive John Cryan will be in Washington this week for the annual meeting of...

  • Oct. 1- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 03 October France Auction of BTF treasury notes.