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| CASE STUDY: Senegal Hits Tightest Yields for SSA Sovereigns with Dual-Currency Bond Following a USD500mn 10-year benchmark set in 2014 and a USD1.1bn 16-year Eurobond issued last year, the Republic of Senegal was looking to refinance some of its existing debt and extend its overall debt maturity with a new dual-currency Eurobond. In March 2018, it successfully issued new ...
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| MARKET WRAP: JSE ends dismal quarter on positive note as weaker currency boosts rand hedges After hitting R11.8973 to the dollar in intra-day trade, the local currency was at R11.8624 soon after the JSE's close. A cut in interest rates tends to detract from secondary markets — where money is borrowed in low interest-rate environments and invested in currencies that offer higher returns. The rate ...
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| West Bengal youth held in Bihar with fake currency He said counterfeit currency with face value of Rs 1.99 lakh was also recovered from his possession. The fake notes were in the denominations of Rs 2000 and Rs 500, the Deputy Commandant said adding that the motorcycle which the youth was riding has also been seized. He said the youth appeared ...
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