Demand exceeded e1/44.9 bln for the 5-year bond and e1/45.9 bln for the 30-year bond
. Cyprus raised e1/4500 mln from the issue of the five-year bond, and e1/4750 mln from the 30-year bond
Cyprus's first 30-year bond
sale was overloaded with orders on Wednesday, with high demand for such long maturities showing just how much Europe's bond market is adjusting to expectations of persistently low interest rates and central bank stimulus.
The interest rate on bonds issued by the Ministry of Finance on behalf of Qatar was 90 basis points over US Treasury bonds on five-year bonds, and the 10-year bond rate was 135 basis points, while the 30-year bond
interest rate stood at 175 basis points above US Treasury bonds, the statement added.
The securities are: A 3-year note in the amount of $26 billion, maturing February 15, 2021; A 10-year note in the amount of $24 billion, maturing February 15, 2028; and A 30-year bond
in the amount of $16 billion, maturing February 15, 2048.
Bahrain's potential new 30-year bond
would be priced off its existing 30-year bond
maturing in 2044, which is now at 7.1pc.
Sri Lanka, April 20 -- An inquiry report by a committee of eminent lawyers into a controversial 30-year bond
auction, cleared Central Bank Governor Arjuna Mahendra and stated that he had no direct role in deciding to accept bids over and above one billion rupees.
US 30-year bond
yields fell to a record 2.219 per cent on January 30, about 0.3 percentage point less than at the height of the financial crisis in 2008.
The inaugural 30-year bond
sale offer by Bank Negara Malaysia evoked no interest from foreign buyers.
"Over the near term, we'd be targeting 2.13% to 2.15%." In late trade, the 30-year bond
was down 30/32, its yield rising to 3.257% from 3.2016 late on Thursday.
The first issue is a $750 million 10-year Sukuk which matures in 2023, whilst the second is a $500 million 30-year bond
that matures in 2043.
Buying picked up in the afternoon after a 30-year bond
auction went smoothly.