Bank of China to issue 25 bln yuan sub bonds -sources
Bank of China to issue 25 bln yuan sub bonds -sources
SHANGHAI, Feb 3 (Reuters) – Bank of China <3988.HK> <601988.SS>, the country’s biggest foreign exchange lender, plans to issue about 25 billion yuan ($3.7 billion) in subordinated bonds sometime soon, banking sources said on Wednesday.
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Bonds Beat Stocks Most in 11 Months With 10% Jobless (Update2)
Bonds Beat Stocks Most in 11 Months With 10% Jobless (Update2)
Feb. 1 (Bloomberg) — For all the concern about budget deficits and the rising supply of debt, government bonds are the place to be so far in 2010, with returns topping equities and commodities by the most since February.
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Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds
Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds
Jan. 29 (Bloomberg) — Russia urged China to dump its Fannie Mae and Freddie Mac bonds in 2008 in a bid to force a bailout of the largest U.S. mortgage-finance companies, former Treasury Secretary Henry Paulson said.
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Lloyds to Sell Dollar Mortgage Bonds, First in Europe Since ’07
Lloyds to Sell Dollar Mortgage Bonds, First in Europe Since ’07
Jan. 26 (Bloomberg) — Lloyds Banking Group Plc is selling the first European mortgage-backed securities in dollars since the credit crisis started in 2007.
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Fitch Downgrades 1,186 Bonds to ‘D’ in 871 U.S. RMBS Transactions
Fitch Downgrades 1,186 Bonds to ‘D’ in 871 U.S. RMBS Transactions
NEW YORK—-Fitch Ratings has downgraded 1,186 bonds in 871 residential mortgage-backed securities transactions to ‘D’ indicating that the bond has incurred a principal write-down. The bonds being downgraded to ‘D’ as part of this review were all previously rated ‘CCC’, ‘CC’, or ‘C’ indicating that a default was expected.
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Categories: mortgage meld Tags: 1186, Bonds, Downgrades, Fitch, RMBS, Transactions, U.S.
AMP’s Brunton Buys Australian Mortgage Bonds as Property Gains
AMP’s Brunton Buys Australian Mortgage Bonds as Property Gains
Jan. 25 (Bloomberg) — Investors should buy Australian mortgage-backed notes that are still paying junk bond yields as rising property prices and low defaults cut risk, according to Jeff Brunton , head of credit markets at AMP Capital Investors.
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Categories: mortgage meld Tags: AMP’s, Australian, Bonds, Brunton, buys, Gains, mortgage, Property
Japan’s 10-Year Bonds Fall on Concern Over Fed’s Rate Outlook
Japan’s 10-Year Bonds Fall on Concern Over Fed’s Rate Outlook
Jan. 28 (Bloomberg) — Japanese bonds fell for the first time in three days after Kansas City Federal Reserve President Thomas Hoenig dissented from the central bank’s decision to keep interest rates at a record low for an “extended” period.
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Bank of China to sell up to $5.8 billion in bonds
Bank of China to sell up to $5.8 billion in bonds
Bank of China plans to sell up to 40 billion yuan ($5.8 billion) in bonds to replenish its capital and meet government standards following a record surge in lending last year amid Beijing’s stimulus measures, a state-run news agency reported.
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Property Bonds Beat Corporates as Simon Sells: Credit Markets
Property Bonds Beat Corporates as Simon Sells: Credit Markets
Jan. 20 (Bloomberg) — Real estate borrowers are leading the rally in U.S. corporate bonds as investors add to bets property companies will weather an increase in commercial mortgage defaults.
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Categories: mortgage meld Tags: Beat, Bonds, Corporates, credit, Markets, Property, Sells, Simon
Mortgage Bonds ‘Leading the Pack’ as Debt Rallies (Update1)
Mortgage Bonds ‘Leading the Pack’ as Debt Rallies (Update1)
Jan. 11 (Bloomberg) — Prices for U.S. home-loan bonds without government-backed guarantees soared, pushing one class of debt almost 20 percent higher than a month ago.
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