DUBAI: Kuwait's $8 billion debut international bond issue traded close to Abu Dhabi bonds in the secondary market on Tuesday, suggesting the Gulf's gold standard for sovereign debt now has competition for investors' attention.
JOHANNESBURG: South Africa's rand edged higher on Monday, lifted by improved risk sentiment globally as fears receded over the impact of US President Donald Trump's trade policies.
DUBAI: Investment Corp of Dubai (ICD), the Dubai government's main investment arm, set initial price thoughts for a 10-year US dollar sukuk issue in the area of 290 basis points over mid-swaps, a document from arrangers showed on Wednesday.
LAGOS: Nigeria's central bank sold more treasury bills than it offered at an auction this week, it said on Friday, to mop up liquidity after the debt office cut the size of a domestic bond sale in view of its high borrowing costs.
JOHANNESBURG: South Africa's Treasury said on Wednesday it supported the report by a government-appointed advisory panel that suggested a national minimum wage of 3,500 rand ($245) per month, throwing its political weight behind the policy initiative.