Qatar's central bank will be more flexible in planning future auctions of government bonds, adjusting the timing and characteristics of the issues depending on market conditions and its policy stance, the bank's chief said yesterday.
The Central Bank of Bahrain (CBB) has announced that the issue of the 7.5-year government development bonds worth BD350 million ($923 million) has been oversubscribed by 125 per cent.
Subscriptions worth BD438 million ($1.15 billion) we
Structural fiscal and current account surpluses are the main drivers behind Kuwait's Aa2 government bond ratings and its stable outlook, said a credit report on Kuwait published by Moody's.
A gradual improvement in the Kuwaiti government's
The United Arab Emirates needs to double efforts to create a local market for government and corporate bonds, Central Bank Governor Sultan Nasser Al-Suweidi said.
"When it comes to adequacy and quality of capital, we don't have any difficu
Demand for Bahrain sovereign debt remained strong during the first quarter of 2011, the Central Bank of Bahrain (CBB) has announced.
The domestic issues of government debt, which the Central Bank manages on behalf of the Ministry of Financ
Moody's Investors Service has downgraded Egypt's foreign and local currency government bond ratings by one notch to Ba3 from Ba2. The outlook on these ratings remains negative.
Today's rating action was prompted by 'the pro
The average yield on Egyptian 350-day treasury bills fell a little to 10.430 per cent at an auction on Thursday from 10.509 per cent at the last auction on October 21.
The central bank said it accepted bids for bills worth EGP 3.5 billion
Egypt's Finance Ministry is reopening 3-year and 5-year bond offerings worth EGP 1.5 billion ($364 million) each and a 7-year bond issue worth EGP 1 billion, the central bank said on Tuesday.
The 3-year bonds, which mature on April 6,
Dubai's move to sell $10 billion in bonds to the United Arab Emirates central bank alleviated worries it could default as investors bet the state might step in again to help the former boom town weather the downturn.
Dubai stocks jumpe