Treasury

Gold falls to 7-week low as dollar firms

London - Muslimchronicle

Gold prices were little changed after marking a 7-week low on Tuesday, as equities and the dollar were buoyed in Asian trade by upbeat economic data and strong US treasury yields. Spot gold was down 0.1 percent at $1,269.71 an ounce by 0713 GMT, after earlier touching its lowest since mid-August at $1,267.76. US gold futures for December delivery shedRead more

Yemen’s president sacks governor over Al-Qaeda ties

Sanaa - Muslimchronicle

Yemen’s president has sacked a governor who was sanctioned by the US Treasury Department for his ties with Al-Qaeda. The presidential decree by President Abed Rabbo Mansour Hadi was issued on Sunday. Hadi removed the governor of the central province of Al-Bayda, Nayef Al-Qaysi, and named Salah Al-Rassass as his replacement. Bayda is a known Al-Qaeda hotbed, and where theRead more

Spanish treasury places $5.01b on market

Madrid - XINHUA

The Spanish treasury on Thursday placed treasury bonds worth 4.480 billion euros (5.01 billion U.S. dollars). A total of 2.011 billion euros worth of three-year bonds carried an average interest rate of minus 0.098 percent and a further 1.319 billion euros worth of 10-year bonds fetched an average interest rate of 1.095 percent. The treasury also placed 648 million eurosRead more

China treasury bond futures open lower Thursday

Beijing - XINHUA

China's five-year treasury bond futures opened lower on Thursday, with the contract for settlement in June 2016 opened 0.005 percent lower at 100.880 yuan (about 16.48 U.S. dollars). The contract for settlement in September 2016 opened 0.015 percent lower at 99.950 yuan. The contract for settlement in December 2016 opened 0.050 percent lower at 99.285 yuan. The contracts are agreementsRead more

Bahrain Bourse Lists 11 Issues in the Treasury Bills Market

Manama - QNA

Bahrain Bourse has announced the listing of 11 issues in the Treasury Bills Market worth a total of BD742 Million, issued by the Central Bank of Bahrain with discount rates ranging between 2.00% and 2.34% for 3-12 months. According to Bahrain News Agency (BNA), with the listing of those issues, the total number of Treasury Bills and Short-Term IslamicRead more

Spanish treasury places 2.548 bn € on market

Madrid - XINHUA

The Spanish treasury on Thursday placed treasury bonds worth of 2.548 billion euros (2.890 billion U.S. dollars) on the market. A total of 1.314 billion euros worth of 10-year treasury bonds fetched an average interest rate of 1.6 percent, compared to the 1.4 percent of the previous issue. A further 660 million euros worth of 16-year treasury bonds carried anRead more