The News Review:
- Demand Disappoints At Auction f 40-Year JGBs
- Why Iraq sees success in oil auction
- Treasurys slide ahead of 3-year-note auction
- No competition at Agriprocessors auction
- EBay’s Auction Business Stabilizing Analysts Say
- Rates on short-term Treasury bills dip at auction
Demand Disappoints At Auction f 40-Year JGBs
Wall Street Journal
–>UPDATE: Demand Disappoints At Auction f 40-Year JGBs ArticleCommentsmore in. The Ministry of Finance sold Y299. 7 billion of the 2. 2% notes at a price of 98.
Why Iraq sees success in oil auction
Christian Science Monitor
“We showed the world two things ? that the Iraqi oil industry is open for investment for the first time and second that the process was transparent” says Foreign Minister Hoshyar Zebari. Representatives of the world’s major oil companies flew to Baghdad last week to bid on the right to develop hundreds of billions of dollars worth of oil and gas for the first time since Iraq nationalized its oil industry in 1972 and expelled foreign oil companies. f the six giant oil fields and two gas fields on offer only one ? the Rumaila field in southern Iraq ? was awarded after the other bidders decided that the profit margins being offered by the Iraqi government were lower than they would accept. “The ICs [international oil companies] are not happy with results as the Ministry of il [but] we are very happy” says a senior ministry official Abdul Mahdy al-Ameedi.
Treasurys slide ahead of 3-year-note auction
MarketWatch
Treasury 3 Year UST10Y U. Benchmark 10-year note yields rose 3 basis points to 3. Bond traders are also watching U.
No competition at Agriprocessors auction
Pioneer Press
SHF Industries submitted roughly $8. 5 million for most of the company’s assets. With no other bidders the auction Monday in U.
EBay’s Auction Business Stabilizing Analysts Say
Wall Street Journal
–>EBay’s Auction Business Stabilizing Analysts Say ArticleCommentsmore in. is seeing its core online auction business show signs of improvement after making numerous changes over the past two years in hopes of beefing up its performance according to a pair of brokerage reports Monday. Shares of eBay (EBAY) closed down 17 cents or 1% at $16. nline auctions still constitute a majority of eBay’s total revenue though the maturing business has been in decline for the last few quarters.
Rates on short-term Treasury bills dip at auction
The Associated Press
The rate on six-month bills dropped to the lowest level since late December while three-month bills also dipped. The Treasury Department auctioned $31 billion in six-month bills at a discount rate of 0. 285 percent down from 0. 350 percent last week.
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