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Bonds Corporate Bonds

  • *Orders pile in for first China sovereign bond issue since 2004. *China sovereign CDS, SOE bonds rally. HONG KONG, Oct 26- International investors are piling into a rare global bond offering from China, with orders topping $20 billion ahead of its pricing later on Thursday, more than 10 times the amount on offer.

  • HONG KONG, Oct 26- A rare sovereign bond issue from China has attracted orders in excess of $20 billion ahead of its pricing later on Thursday, banking sources said, as global investors scramble for a part of the $2 billion deal. The sovereign's first offshore bond offering since 2004 has a 5- year and a 10- year tranche, each of $1 billion. Bankers said orders so far...

  • HONG KONG, Oct 26- International investors are piling into a rare global bond offering from China, with orders topping over $10 billion in the first hour after books opened on Thursday, more than five times the amount on offer. China, which last sold a global bond in 2004, is offering 5- year bonds at 30-40 basis points over US Treasuries and 10- year bonds at 40-50 bps...

  • HONG KONG, Oct 26- A rare sovereign bond issue from China has attracted orders in excess of $10 billion after about an hour of its opening on Thursday, as investors sought exposure to a deal that seeks to raise $2 billion. The sale of the sovereign's first offshore bond offering since 2004 has a 5- year and a 10- year tranche. Pricing is expected to be finalised later in...

  • HONG KONG, Oct 26- China's ministry of finance has issued price guidance for a two-tranche sovereign bond issue in the global debt market, expected to raise $2 billion. A term sheet seen by Reuters on Thursday showed pricing on the 5- year tranche in the sovereign's first offshore bond offering since 2004 has been indicated at 30-40 basis points over US...

  • *Japan's Nikkei extends 16- day winning streak. LONDON, Oct 24- Benchmark bond yields cranked higher on Tuesday, as data from top euro zone economies bolstered the case for a cut to ECB stimulus and results from Caterpillar pointed to robust global construction growth. Treasuries climbed to their highest level since May as another dump of big name company...

  • QUITO, Oct 19- Ecuador's state oil company Petroamazonas said it will issue some $350 million in bonds to repay part of its debts with oil services company Schlumberger as part of a wider deal that also includes other payment decisions. The company owes Schlumberger some $850 million. In November we will issue bonds for $350 million, " Alex Galarraga,...

  • NEW YORK, Oct 7- Puerto Rico bond insurer Assured Guaranty Ltd said late on Friday it voluntarily withdrew a complaint that challenged the legality of the island's fiscal turnaround plan, citing the devastating impact of Hurricane Maria. Assured Guaranty, along with a second insurer MBIA Inc, filed their lawsuit against the island's government and a federally...

  • TORONTO, Oct 3- Canadian debt issuance climbed 12 percent to a record in the first nine months of 2017, helped by deals from Canada Housing Trust and a major maple bond from Apple Inc, bucking a weak trend in M&A and equity deals as Canadian companies slowed the pace of their outbound dealmaking. Debt deal volumes rose to C $140.5 billion in the period, while M&A and...

  • MILAN, Sept 26- Banca Carige will seek bondholder approval to force through a proposed debt conversion which is part of the troubled Italian bank's capital strengthening efforts. Carige is the last large Italian bank still in difficulty after Rome rescued bigger rival Monte dei Paschi di Siena and liquidated two failing regional banks this year.

  • Sept 25- Securities insurer Assured Guaranty Ltd said on Monday it would grant Hartford, the capital of Connecticut, a municipal bond that offers financial support, a move that could help the city avoid filing for bankruptcy. Hartford would likely seek to file for bankruptcy if the state does not have a budget in place in 60 days, Mayor Luke Bronin had warned...

  • MUMBAI, Sept 22- India's central bank on Friday eased rules governing foreign investment in corporate bonds by excluding rupee-denominated securities from its overall debt limit. Access to the corporate bonds by foreign investors will be phased in over the next two quarters-- 270 billion rupees during October-December and 170 billion rupees in...

  • LONDON/ FRANKFURT, Sept 21- The ECB may consider scaling back purchases of corporate bonds more slowly than those of government debt when it starts tapering its massive stimulus scheme, partly because the bank is nearing self-imposed limits on what it can buy. The European Central Bank has signaled it is ready to pull back from its 2.3 trillion euro...

  • Hayden Briscoe, head of fixed income, Asia Pacific, UBS Asset Management, says the ECB may sit up and take notice as the Fed moves to unwind its balance sheet.

  • A customer leaves an ATM at a Wells Fargo branch in Denver.

    DBRS announced Wednesday that it is taking down the Wells Fargo rating from AA to AA (low).

  • PARIS, Sept 19- The family holding company of Francois Pinault has launched a bond offer worth 375 million euros, giving investors exposure to shares in Pinault's luxury goods group Kering. It said the bonds would have a par value of 100,000 euros per bond and bear no interest. The bonds will be issued on Sept. 22 at a price between 100.5-104.0 percent of their...

  • SAO PAULO/ NEW YORK, Sept 18- State-controlled Petróleo Brasileiro SA raised $2 billion from the sale of seven- and 10- year securities, replacing more expensive shorter-dated bonds as it seeks to trim a debt burden that is the largest among major oil firms. The transaction, which follows a significant improvement in Brazil's investment risk profile,...

  • MUMBAI, Sept 14- Shares in Indian telecoms company Reliance Communications Ltd extended losses on Thursday, falling nearly 3 percent, a day after the local arm of Sweden's Ericsson filed a plea with an insolvency court against Reliance Communications. The company, controlled by Anil Ambani, has been hit by free voice and cut-price data plans offered by the...

  • Yields are driven lower over concerns of debt ceiling resolution

    The “Fast Money Halftime Report” traders and CNBC's Rick Santelli discuss the 10-year bond yield hitting its lowest level since November 2016.

  • OSLO, Sept 4- Norway's $990 billion sovereign wealth fund, the world's largest, on Monday proposed to streamline its fixed-income portfolio by shortening maturities and cutting corporate bonds and some 20 currencies from the benchmark it tracks. If approved by Norway's Finance Ministry, the changes would leave only government bonds in U.S. dollars, euros and...