Global Banking News-September 29, 2016--Yes Bank to raise capital via long term bonds
Country's third largest private sector bank, Axis Bank is to raise money via long term bonds
In turn, that could have a substantially negative impact on long term bonds
Because interest rates are so low, a number of advisors have gone to long term bonds
to get a higher rate.
Finance Minister Charilaos Stavrakis announced on Tuesday that the Government will issue new long term bonds
to the international markets around mid January in order to meet public needs for the 2010, which approach 2.
Yields on long term bonds
are higher than yields on short term bonds; with the yield on the 3 month T-bill hovering around 5.
According to the survey, long-term bonds, especially those issued in fungible tranches, have increasingly been the instrument favoured by EU Member States to finance their government liabilities: Denmark (92%) and Finland (84%) had the highest share of long term bonds
47% over the past 42 years while treasury bills and long term bonds
both returned less than 6% each on an annual basis.
the purpose of the issuance is to replace some of the company's short term domestic bank credit with long term bonds
5bn, the long term bonds
raised to meet the capital adequacy ratio from AA- to A-.
On June 1st bond prices again tumbled sending the yields above seven percent and by June loth yields on the long term bonds
TEL AVIV, Israel -- Ran Maidan, Makhteshim-Agan's (TASE: MAIN) Chief Financial Officer said that, "This issuance is an important step toward diversifying our funding sources and replacing some of the company's short term domestic bank credit with long term bonds