New Russian Benchmark Bond, Paws Away US Sanctions.

New Russian Benchmark Bond, Paws Away US Sanctions.

Russia priced new 10-year and 30-year bonds, making this the second deal post-2014 sanctions. The sovereign debt sale raised a total of $ 3 billion, comprising $ 1 billion from its 10-year-tranche yielding 4.25% and $ 2 billion from its 30-year-tranche yielding 5.25%....

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Fed’s Dudley Shakes Up Complacent Markets

Fed’s Dudley Shakes Up Complacent Markets

The two-year U.S. Treasury barely budged after the Federal Reserve raised short-term interest rates last week. But New York Federal Reserve President William Dudley’s comments on Monday in the U.S. reminded market players that the Fed could actually deliver on its...

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Credit Extension:  Noble Gets a Breather

Credit Extension: Noble Gets a Breather

Grim days at Noble Group brighten slightly with a $2 billion credit facility extension from its banks until mid-October. This extension would provide the crisis-hit commodity trader some greatly needed leeway to source for solutions to its debt problems. Following...

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