The News Review:
- JGBs sag on Nikkei pare some losses after auction
- Treasury Auctions Set for This Week
- Russia places 85 bln rbls at budget funds auction
- An Artistic Quest in High Gear
- Insurance Auto Auctions Announces pening of a New Location in …
JGBs sag on Nikkei pare some losses after auction
Reuters
Treasuries anda 2. 8 percent surge in Tokyo’s Nikkei stock average. N225 butparing some of the losses after a smooth five-year auction. Japan’s Ministry of Finance offered 2 trillion yen ($20. 7billion) of five-year JGBs on Tuesday for a reopening of the 0. 8percent coupon March issue and market players said the mid-termbonds attracted demand from domestic banks. Although the result came in as expected the market wasnevertheless relieved to see the lowest auction price come in at99.
Treasury Auctions Set for This Week
New York Times
According to traders at the close of the New York cash market on Friday the rate on the outstanding three-month bill was 0. The rate on the six-month issue was 0. 26 percent and the rate on the four-week issue was 0.
Russia places 85 bln rbls at budget funds auction
Forbes
63 billion) of temporarily free budget funds in three-month deposits at commercial banks. The average rate at the auction was 14. A total of 120 billion roubles had been on offer.
An Artistic Quest in High Gear
New York Times
The scene summed up the Hong Kong International Art Fair — part of this city’s quest to become a global hub for luxury goods. Sales of art jewelry antiques and wines have made Hong Kong the world’s third-largest auction market after New York and London. ART HK 09 which attracted more than 27000 visitors over the four days that ended Sunday was as much a trade show as a cultural event. The first thing visitors saw was White Cube one of a handful of London galleries whose presence was something of a coup for a fair only in its second year. The organizers had literally built a big white cube through which viewers walked to see the Antony Gormley installation “Transubstantiate. ” “It’s the first fair we’ve ever done in Asia so it’s quite important to us” said Neil Wenman a director at White Cube.
Insurance Auto Auctions Announces pening of a New Location in …
Business Wire (press release)
The location the 12th in California for the company will serve to further enhance delivery of IAA’s expanding services to vehicle provider and buyer clients in these areas. The additional location is conveniently located in the growing Southern California area. Buyers will now have access to additional auctions and inventory each week through the industry’s best performing auction IAA’s hybrid model which combines live physical auctions with live-online internet bidding. “ur goal at IAA is to provide the best quality service and value to our clients” stated Tom ’Brien CE. “ur new Hesperia location is a strategic example of continued infrastructure investments to expand our footprint. The site will ensure that the concentrated area of Southern California is best served for both our vehicle sellers and buyers. ” ABUT INSURANCE AUT AUCTINS Insurance Auto Auctions Inc.
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