By Reuters Staff
2 Min Read
Feb 23 (Reuters) - Large investment managers bought $21.831 billion at a 10-year note auction held in February, compared with the $23.884 billion they purchased the previous month, data from the U.S. Treasury Department released on Tuesday showed.
Overseas investors, another major group of holders of U.S. government debt, bought $10.188 billion of the latest 10-year supply, compared with $5.601 billion they purchased the previous month, according to the Treasury Department’s auction allotment data.
The Treasury also sold some of $56 billion of 10-year notes earlier this month to banks, pension funds and Wall Street bond dealers.
At other auctions held the same week as the 10-year auction, large investment managers bought $28.222 billion of 3-year notes, compared with the $25.761 billion they purchased the previous month. They bought $16.186 billion in 30-year bonds versus $14.797 billion the prior month.
Spain is likely to receive four times as many vaccine doses in the second quarter than in the first one, Prime Minister Pedro Sanchez said on Wednesday.
CDP consortium to bid for Atlantia’s unit by Feb. 24 Atlantia’s unit valued 9 bln euros in CDP offer, sources say CDP says consortium could buy up to 100% of Autostrade
MILAN, Feb 23 (Reuters) - Cassa Depositi e Prestiti (CDP) on Tuesday gave the go-ahead to submit an offer to buy Atlantia’s 88% stake in Autostrade per l’Italia unit, CDP said, after two sources told Reuters the bid would value 100% of Autostrade at 9 billion euros.
Italian state lender CDP, which will file its binding bid with its investment fund partners Macquarie and Blackstone, did not disclose the financial details of the bid due to be presented by Wednesday.
By Reuters Staff
1 Min Read
ABIDJAN, Feb 9 (Reuters) - Ivory Coast has raised 850 million euros ($1.03 billion) in a re-opened Eurobond sale that was oversubscribed 3.4 times, the finance ministry said.
The yield was 4.30% for bonds worth 600 million euros that will mature in 2032, the lowest ever rate for Ivory Coast’s Eurobonds, and 5.75% for 250 million euros in bonds that will mature in 2048, the ministry said in a statement.
Ivory Coast issued 1 billion euros of the 2032 Eurobonds in November at a yield of 5%.
1 euro = $1.028 Reporting by Loucoumane Coulibaly; Writing by Aaron Ross. Editing by Jane Merriman
Lloyds Banking Group's outgoing Chief Executive António Horta-Osório set out fresh targets to expand the lender's insurance and wealth business and further cut costs, as the bank resumed a dividend despite a sharp fall in profits for 2020.