Bonds

Asia-Pacific Bond Risk Increases After Freddie Mac Posts Loss - Bloomberg (Investment Bond News)

August 7th, 2008


Asia-Pacific Bond Risk Increases After Freddie Mac Posts Loss
Bloomberg - 7 hours ago
7 (Bloomberg) — The cost to protect bonds in the Asia- Pacific region from default rose after a higher-than-expected loss by mortgage financer Freddie Mac

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Rio Nuevo to receive $453.5M in bonds
Arizona Daily Star, AZ - 7 hours ago
Others, including Mayor Bob Walkup, said the city's $77 million has drawn private investment Downtown. "One of the things this doesn't reflect is private

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UPDATE 1-Allied Capital Q2 investment income beats Street view - Reuters (Investment Bond News)

August 7th, 2008

Aug 5 (Reuters) - Business development company Allied Capital Corp (ALD.N: Quote , Profile , Research , Stock Buzz ) reported a higher quarterly investment income, beating Wall Street estimates, helped by a fall in operating expenses. The Washington Read More

Scott Burns was a Dallas Morning News columnist for 21 years. Today he is a syndicated columnist and a principal of Plano-based investment firm AssetBuilder Inc. E-mail questions to scott@scottburns.com . What triggers taxation of Social Security Read More

Governor Deval Patrick has asked the state pension fund to invest $50 million and will ask Harvard University and other local colleges to invest millions more to provide student loans to thousands of families struggling to pay college tuition bills Read More

NEW YORK (Reuters) - By Freddie Mac’s own admission, it has a negative net worth — the latest reported net market value of the mortgage giant’s assets is negative $5.6 billion. To some investors, that means its shares should be trading closer to Read More

Legal & General has seen sales of unit-linked bonds tumble by almost 50pc after the Government’s changes to capital gains tax. Posting interim figures that were otherwise broadly upbeat, the investment and insurance group revealed that sales of the Read More

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‘Tremendous’ opportunity seen in municipal bonds - San Jose Mercury News (Investment Bond News)

August 6th, 2008

The municipal bond market has had a rough ride in the past six months, but that could mean now is a good time to invest in the sector. For the second consecutive quarter, fallout from the subprime-induced credit crunch sent yields rising on most muni Read More

The Euro Income Bonds Portfolio-2011, which is denominated in euro, is a composite of investment grade bonds and issued by foreign issuers. The bond portfolio, which matures on 31 July 2011, will earn investors a total indicative return of 5.7 per Read More

Aug. 3 (Bloomberg) — Abu Dhabi National Energy Co. , the state-controlled energy company that bought North Sea oil assets from Royal Dutch Shell Plc and Exxon Mobil Corp. in July, will probably say this week quarterly profit rose as oil prices Read More

NEW YORK (Reuters) - U.S. Treasury debt prices were little changed Friday after data on jobs and manufacturing portend tougher times ahead for the economy and reinforced the notion the Federal Reserve will leave interest rates alone. Bonds initially Read More

Aug. 1 (Bloomberg) — The biggest firms on Wall Street are turning to Europe for cheaper financing as bondholders demand the highest yields over government debt on record. Of the largest banks and brokers, only Bank of America Corp. sold bonds in Read More

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Treasurys decline moderately after rate decision - The Associated Press (Investment Bond News)

August 6th, 2008


Washington Times

Treasurys decline moderately after rate decision
The Associated Press - 12 hours ago
"That probably might have been part of the reassurance for the bond market." Inflation can make bonds, particularly those with longer durations,
Treasuries Little Changed; Freddie Mac May Have Quarterly Loss Bloomberg
all 65 news articles

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Weathering the credit crunch in retirement
Easier (press release), UK - 23 minutes ago
Particular things to note are encashments from Investment Bonds. Where possible if you have made capital losses you should use these to offset any capital

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Shares of Lehman rise amid unit sale speculation
CNNMoney.com - 18 hours ago
Nearly all banks have faced mounting losses as the value of investments _ especially bonds backed by troubled mortgages _ have declined sharply over the
Last Call: Morgan Stanley rises as sector declines CNNMoney.com
all 15 news articles

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Asian bonds rise in cautious rally as oil falls
Inquirer.net, Philippines - 4 hours ago
The iTRAXX Asia ex-Japan investment-grade index moved in by 5-6 basis points (bps) to 135/137 bps while the high-yield index narrowed by a similar margin to

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Eaton Vance Municipal Income Funds Announce Plan to Redeem
MarketWatch - 20 hours ago
In creating TOBs, the Funds transfer highly rated bonds held in their portfolios to special purpose trusts that issue two classes of interests: floater

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Federated Municipal Closed-End Funds Announce Tender-Option Bond … - MarketWatch (Investment Bond News)

August 5th, 2008


Federated Municipal Closed-End Funds Announce Tender-Option Bond
MarketWatch - 5 hours ago
The Board approved a change in the funds' investment policies that allows each fund to invest in inverse floaters of tender-option bonds (TOB) enabling the

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Concord Debt Holdings Announces Second Quarter Investment Bonds
FOXBusiness - Aug 2, 2008
Lexington Realty Trust is a real estate investment trust that owns, invests in, and manages office, industrial and retail properties net-leased to major

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Financial Times

BAA closer to £7.6bn refinancing
Telegraph.co.uk, United Kingdom - 1 hour ago
The refinancing was contingent on the holders of £4.7bn of bonds agreeing to “migrate” their debt into a new investment-grade, ring-fenced structure backed
Ryanair spat adds to BAA woes Management Today
BAA in talks with hedge fund to save finance plan Telegraph.co.uk
all 36 news articles

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Eaton Vance Municipal Income Funds Announce Plan to Redeem
MarketWatch - 10 hours ago
In creating TOBs, the Funds transfer highly rated bonds held in their portfolios to special purpose trusts that issue two classes of interests: floater

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Stone & Youngberg Grows Chicago Institutional Sales and Trading Group
MarketWatch - 5 hours ago
(1) In addition to bond underwriting and sales, Stone & Youngberg provides investment services to individuals, institutions, and government agencies and

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Is writing on the wall for bonds? - Financial Times (Investment Bond News)

August 5th, 2008


Is writing on the wall for bonds?
Financial Times, UK - Aug 3, 2008
He quotes the chief economist of a US broker-dealer as saying in that year that buying bonds had become “a dangerous career decision” for investment

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Only Bernanke Knows When General Mills Sells Debt Like Cheerios
Bloomberg - 1 hour ago
At least 14 percent of investment-grade bonds sold this year included so-called poison-put provisions, such as those offered by Tyco Electronics,

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Bonds flat as data points to sagging economy - Guardian Unlimited (Investment Bond News)

August 5th, 2008

NEW YORK, Aug 1 (Reuters) - U.S. Treasury debt prices were little changed on Friday after data on jobs and manufacturing portend tougher times ahead for the economy and reinforced the notion the Federal Reserve will leave interest rates alone. Bonds Read More

E arly this week, I recommended that you hurry up and buy inflation-linked U.S. savings bonds - I bonds - before the U.S. Treasury set the new interest rate on them. That was better advice than I could have possibly known. The Treasury Department Read More

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Euro Income Bonds Portfolio 2011 - Malta Independent Daily (Investment Bond News)

August 3rd, 2008

The Euro Income Bonds Portfolio-2011, which is denominated in euro, is a composite of investment grade bonds and issued by foreign issuers. The bond portfolio, which matures on 31 July 2011, will earn investors a total indicative return of 5.7 per Read More

The municipal bond market has had a rough ride in the past six months, but that could mean now is a good time to invest in the sector. For the second consecutive quarter, fallout from the subprime-induced credit crunch sent yields rising on most muni Read More

E arly this week, I recommended that you hurry up and buy inflation-linked U.S. savings bonds - I bonds - before the U.S. Treasury set the new interest rate on them. That was better advice than I could have possibly known. The Treasury Department Read More

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Blumenthal May Target Big Banks, Bond Insurers - Hartford Courant (Investment Bond News)

August 3rd, 2008


The Money Times

Blumenthal May Target Big Banks, Bond Insurers
Hartford Courant, United States - Jul 31, 2008
Blumenthal said investment banks were able to buy "lower-rated municipal bonds that provided them with higher interest rates, knowing that municipalities
Could Municipal Bonds Have a Place in Your Portfolio? Magazine of Santa Clarita
States Follow Federal Probe of Municipal Derivatives (Update1) Bloomberg
all 292 news articles

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Investors reduce equity holdings in search of safety
Daily Times, Pakistan - 7 hours ago
according to the survey of 12 investment houses there. Equity holdings rose to 47.3 percent in July from 47.1 percent last month while bond holdings

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Ambac to Pay $850 Million in Citigroup CDO Settlement (Update7)
Bloomberg - Aug 1, 2008
The CDO guaranteed by Ambac, known as AA Bespoke, originally comprised AA rated pieces of other CDOs, most of which were downgraded to below investment
Ambac to Take Gain on CDO Settlement With Citigroup (Update2) Bloomberg
Merrill CDO Deal May Be Model, Bank of America Says (Update1) Bloomberg
all 41 news articles

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Senators prod Patrick on student loans
Boston Globe, United States - Aug 1, 2008
They also asked Patrick to press wealthy colleges and universities to either invest in MEFA's bonds or to provide backing so the authority can attract

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UPDATE 1-S.Korea pension fund to up stock investment abroad - Forbes (Investment Bond News)

August 1st, 2008

SEOUL, July 29 (Reuters) - Financial turmoil could weigh on the global economy beyond 2008 but the head of South Korea’s $230 billion state pension fund said on Tuesday he saw opportunities for the fund to start boosting its share investments. The Read More

SEOUL, July 29 (Reuters) - South Korea’s $230 billion state pension fund plans to aggressively diversify its investment away from bonds into acquisitions of companies at home and abroad to boost profits, its president said on Tuesday. Fallout from Read More

NEW YORK (CNNMoney.com) — Treasury prices rose Monday after the government shutdown of two local banks on Friday sparked further worries about the strength of the U.S. financial sector. The benchmark 10-year note rose 21/32 to 98 27/32, and its Read More

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