Search Results for: bond
Apple Issues Bonds in Euros for First Time
November 5th, 2014
When you are as rich as Apple and you want to make investors happy, you issue debt. That is what the company has done for investors over the last year and a half. On Tuesday, Apple issued debt for the first time ...
Commercial Bank of Kuwait cancels KWD 120 million bond
November 5th, 2014
In a statement to the Kuwait Stock Exchange on Tuesday, 4 November, Commercial Bank of Kuwait (CBK) announced that it was cancelling the sale of its proposed KWD 120 million bond. The bank said the decision was taken as ...
SEC fines 13 firms over sale of Puerto Rico junk bonds
November 4th, 2014
Units of 13 major Wall Street firms, including JPMorgan and UBS, improperly sold bonds from Puerto Rico’s landmark March junk deal to retail investors who may not have understood the debt’s riskiness, the U.S. Securities and Exchange Commission said ...
Apple plans investor call ahead of a potential bond sale
November 3rd, 2014
Apple Inc (AAPL.O) is planning an investor call on Monday ahead of a potential bond sale, the Wall Street Journal reported, citing a banker working on the deal. Deutsche Bank AG (DBKGn.DE) and Goldman Sachs Group Inc (GS.N) are ...
China Expands Access to $4.3 Trillion Interbank Bond Market
November 3rd, 2014
China is opening its 26.31 trillion yuan ($4.3 trillion) interbank bond market to non-financial firms after tightening trading rules following a crackdown on illegal transactions. Qualifying participants will require minimum net assets of 30 million yuan and use a ...
Bahrain fund Mumtalakat sets up $1bn bond, sukuk programmes
November 3rd, 2014
Bahraini sovereign fund Mumtalakat has set up separate bond and sukuk issuance programmes in the Irish stock exchange to raise as much as $1 billion, to help refinance maturing debt next year. One of the smaller sovereign wealth funds ...
Emirates NBD lists first NZ currency bond on Dubai bourse
November 3rd, 2014
NASDAQ Dubai, the region’s international stock exchange, has welcomed the listing of a 100 million New Zealand dollar ($78.1 million) conventional bond by Emirates NBD. The bond is the first to list on a GCC exchange in New Zealand’s ...
Federal Reserve ends bond-buying stimulus
October 30th, 2014
The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market – a key condition for an eventual interest rate increase. The Fed did reiterate its plan ...
Fears that Pimco and other Big Firms being unable to unload risky bonds
October 17th, 2014
Financial experts warn that a small group of giant asset managers that have amassed high-risk, high-yield bonds could find themselves unable to raise enough cash during a sell-off. When it comes to high-risk bonds, the asset management giant Pimco ...
E.U. Praise for Greece Fails to Stem Bond Sell-Off
October 17th, 2014
On Thursday, as more investors fled Greek bonds, they drove the government’s long-term borrowing costs to nearly 9 percent — up from 7 percent on Wednesday and the highest level since January. Although Greece appeared to be on the ...
