Abu Dhabi state fund Mubadala has tightened guidance for two-tranche euro-denominated bonds comprising six- and 13-year paper after receiving over 2 billion euros ($2.41 billion) in combined orders, a document showed on Thursday.
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(Reuters) - El Salvador is talking to the International Monetary Fund (IMF) about securing some $1.3 billion in financing and sees a “golden opportunity” to revitalize its economy after the ruling party’s big win in legislative elections, a top government official said.
FILE PHOTO: Street vendors and municipality workers clean a street to start serving customers as economy reopens after a three month closure, as the coronavirus disease (COVID-19) outbreak continues, in downtown San Salvador, El Salvador June 18 2020. REUTERS/Jose Cabezas
Finance Minister Alejandro Zelaya told Reuters in an interview that El Salvador wants to get a 36-month extended fund facility approved by the IMF, similar to the program announced this week for fellow Central American country Costa Rica.
China's market interest rates are unlikely to rise rapidly in the short term despite the recent sharp uptick in U.S. bond yields, the state-run China Securities Journal said on Thursday.
The U.S. Senate voted on Thursday to take up President Joe Biden's $1.9 trillion coronavirus aid bill, but put off the start of a contentious debate until the full text of the 628-page bill was read aloud.
Wall Street slumped on Thursday and global stock markets declined after U.S. Federal Reserve Chair Jerome Powell repeated his pledge to keep credit flowing until Americans are back to work, rebutting investors who have openly doubted he can stick to that promise once the.