As the MOF buys
back bonds at their face value rather than market prices, investors may incur losses.
The government had eased liquidity in the markets by buying
back bonds through open market operations during the year 2012-13.
After initial bond selling, bond prices moved in a narrow range as investors bought
back bonds, deemed safe assets, on persistent worries over the eurozone sovereign debt crisis, brokers said.
M2 EQUITYBITES-December 29, 2010--Banco de Castilla-La Mancha to buy
back bonds of Caja de Ahorros de Castilla-La Mancha(C)2010 M2 COMMUNICATIONS http://www.m2.com
DOF Subsea also announced it bought
back bonds with nominal value of NOK206.5m in its bond DOFSUB01 with maturity in March 2011, at par.
13 July 2010 - Norwegian offshore vessel operator DOF ASA (OSL: DOF) said Monday afternoon it placed an unsecured bond of NOK950m and bought
back bonds with a face value of NOK662.5m under its DOF06 issue, at a price of 104.33%.
Selling of safe-haven bonds took the upper hand, but some investors bought
back bonds whose prices have fallen, limiting the yield's rise.
But as Tokyo stocks trimmed earlier gains into the afternoon, investors bought
back bonds, limiting the yield's rise, they added.
BNP Paribas had already completed three tenders for the bonds, buying
back bonds with a face value of EUR1.233bn.
The yield on the benchmark 10-year Japanese government bond inched lower Wednesday morning as investors bought
back bonds after initial selling on Tokyo stocks gains and higher U.S.
The bank has already completed three tenders for the bonds, buying
back bonds with a face value of EUR1.233bn and a nominal value of around EUR9.4bn in total, the report noted.
Tokyo equities later fell on a stronger yen, prompting some players to buy
back bonds.
