Fixed Income News

Total circulated currency notes and coins grew to KWD 1.69 billion in April
21 May 01:46 PM Kuwait’s circulated currency up in April – Kuwait C.bank
Mubasher: The circulated currency cash in Kuwait with all its types increased by 0.6% in April 2018 when compared to the same month a year ago, according to a recent statement by the Central Bank of Kuwait (CBK). Total circulated currency notes …
The UAE’s US Treasury holdings declined about 6% YoY
16 May 06:12 PM UAE raises holdings of US treasuries in March
Abu Dhabi – Mubasher: The UAE has upped its US Treasury holdings by 2.9%, or $1.7 billion, month-on-month to $59.2 billion in March. Meanwhile, the GCC nation’s US Treasury holdings declined about 6% year-on-year, or $3.8 billion, in the third …
The bonds varied as $33.97 billion on a long-term basis
16 May 04:06 PM Kuwait’s US Treasury holdings rise 1.65% in March
Mubasher: Kuwait’s holdings of the US Treasury bonds increased by 1.65% or $600 million in March when compared to February 2018. The Gulf country’s holdings of the US Treasuries grew to $36.9 billion in March when compared to $36.3 billion in …
Dana Gas reaches deal with $700 million sukuk holders
13 May 11:03 AM Dana reaches ‘consensual’ deal with $700m sukuk holders
Abu Dhabi – Mubasher: Dana Gas on Sunday announced reaching an agreement with the Ad-Hoc committee of Sukuk holders over the terms and conditions of the restructuring and refinancing of its $700 million Sukuk Al-Mudarabah. As of Sunday, over 52% …
Dana reportedly reaches deal with $700 million sukuk holders
13 May 09:10 AM Dana reportedly reaches deal with $700m sukuk holders
Abu Dhabi – Mubasher: Dana Gas’ one-year-long sukuk battle may have come to an end. On Sunday, sources told news agency Bloomberg that the Abu Dhabi listed gas company may have reached an agreement with its $700 million sukuk holders. “A committee …