Nigeria is looking for an international bank and a local lender to act as co-arrangers for 80 billion naira ($491 mln) depository note to be issued this year, the Debt Management Office (DMO) said on Wednesday. The DMO said in a notice it had appointed a sole depository bank and […]
Tag: Reuters
EMERGING MARKETS-Central bank moves ease pressure on currencies
Central bank action lifted some emerging market currencies off lows on Wednesday but higher U.S. yields and the likelihood of military action against Syria kept the sector under pressure. Emerging stock markets were flat after Tuesday’s U.S. manufacturing data supported the view that the Federal Reserve would start rolling back […]
Investors pull $7.7 billion from Pimco Total Return in August: Morningstar
The Pimco Total Return Fund, the world’s largest bond fund, had $7.7 billion in net cash outflows in August, marking the fourth straight month of withdrawals from the fund, estimated data from Morningstar showed Wednesday. Outflows from the fund, which is run by Pimco founder and co-chief investment officer Bill […]
