Britain's Prince Charles visited the Bank of England on Wednesday to highlight the role the central bank is playing in supporting the economy through lockdowns imposed to tackle COVID-19. The Prince of Wales and his wife Camilla, Duchess of Cornwall, were welcomed to Threadneedle Street by Bank Governor Andrew Bailey.
U.S. government bond yields posted their largest weekly gain since August, lifted by signs of economic recovery and the hopes for economic stimulus before or after the presidential election. The yield on the benchmark 10- year Treasury note reached as high as 0.87% in early trading Friday before settling at 0.84%, according to Tradeweb-- down slightly from 0.847% on Thursday. It had previously climbed for six straight sessions, reaching its highest level since early June.
U.S. government bond yields were on track to end the week near multimonth highs, lifted by signs of economic recovery and the hopes for economic stimulus before or after the presidential election. The 10- year yield, which reached as high as roughly 0.87% in early trading, has climbed for six straight sessions, buoyed by investors' expectations that the economy is rebounding and lawmakers will eventually reach a deal to help individuals and companies weather the pandemic...
Guzman & Company, a Coral Gables-based investment bank and brokerage firm, is honored to participate in the Secondary Market Corporate Credit Facility, a program enacted by the Federal Reserve Bank of New York to provide liquidity for the corporate bond market.
Central banks were among the biggest buyers of European common debt this week, signaling growing trust that the euro will hold its own through the pandemic. The European Commission-- the European Union's executive arm-- issued its first wave of common debt to finance its coronavirus-relief programs Tuesday. It raised EUR17 billion, equivalent to $20 billion, from the sale of 10- year and 20- year bonds.
Equity Bancshares Inc (EQBK): * EQUITY BANCSHARES (EQBK)- FEDERAL RESERVE BANK OF KANSAS CITY ADVISED CO IT HAD NO OBJECTION TO REPURCHASE OF UP TO 800,000 SHARES OF CLASS A COMMON STOCK Source : Further company coverage:
Investors are dumping bonds tied to the world's biggest movie theater chain, betting that attendance will remain low despite venues reopening in major markets. The price on AMC Entertainment Holdings Inc.' s $1.4 billion bond due June 2026 dropped below 10 cents on the dollar this week, according to MarketAxess, implying creditors believe they aren't very likely to get paid back. The company's $500 million bond due April 2025 was quoted around 60.5 cents on the dollar Thursday,...
Investors are dumping bonds tied to the world's biggest movie theater chain, betting that attendance will remain low despite venues reopening in major markets. The price on AMC Entertainment Holdings Inc.' s $1.4 billion bond due June 2026 dropped below 10 cents on the dollar this week, according to MarketAxess, implying creditors believe they aren't very likely to get paid back. The company's $500 million bond due April 2025 was quoted around 61.25 cents on the dollar as of...
ALEXANDRIA, Va., Oct. 22, 2020 Two of the oldest and most established organizations in Washington, D.C. recently came together, when the United States Senate Federal Credit Union joined the Greater Washington Board of Trade.
Sasol Ltd. (SSL) warned Thursday of a hit to its North American operations from Hurricane Laura in the first quarter of fiscal 2021.. The South Africa-based petrochemical and energy company said Hurricane Laura, which made landfall on Aug. 27 near its Lake Charles Chemicals Complex in Louisiana, had an impact of around 170,000 tons on the total net saleable tons of its North American operations for the quarter ending Sept. 30.. Sasol (SSL) said Hurricane Delta made landfall on Oct. 9 as the...
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