Government Auctions News, Information & Trends


Treasury raises $24 billion in 10-year note auction against backdrop of Greek ...
Washington Post
NEW YORK — The US government easily managed to sell new 10-year debt. With nervousness over ongoing talks in Europe for a second bailout of Greece, US debt has been a safe haven for global investors. The Treasury Department auctioned $24 billion of ...

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Business Recorder

Treasuries Trade Little Changed After $24 Billion 10-Year Note Auction
Bloomberg
Direct bidders, non-primary-dealer investors that place their bids directly with the Treasury, purchased 17.9 percent of the notes at the last sale, versus an average of 12 percent for the past 10 auctions. The government is due to auction 30-year debt ...
Treasury yields ease ahead of U.S. debt auctionMarketWatch
U.S. 10-Year Yields Reach 1-Week High on Greek Debt ProgressSan Francisco Chronicle
EURO GOVT-Bunds slip as Greek deal seen closeReuters
FXstreet.com -NASDAQ
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German Borrowing Costs Stay Near Lows
Wall Street Journal
Order books on the issue exceed €4.5 billion, one of the banks managing the deal said. Price guidance is in the area of 0.35 percentage point over the Spanish government bond maturing in April 2021. Spain last auctioned this bond Jan.
German 5-year bonds see less demand as risk appetite revivesReuters

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Sinclair's Smith Not Worried About Auctions
TV News Check
One key FCC selling point: Such an auction would generate about $6 billion for the government as well as the revenues broadcasters would derive. Smith dismissed both notions. “It's sad to think the government would want to disrupt an industry as big as ...

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Youth empowerment is lacking
The Bostwana Gazette
Secondly, the government auctions should be regulated so that it gives priority to us as the youth. My suggestion is that on the first day of the auction, only young business people should be allowed to compete amongst themselves, ...

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Can't bypass the highest bidder in auction
Business Standard
Auctions, particularly those held by government authorities, are often manipulated to suit vested interests. When the highest bidder is not declared successful due to extraneous considerations, can he approach the consumer forum for redressal?




Forbes

Goldman in $6.2bn toxic asset deal
Financial Times
The proceeds from the deal would repay the outstanding amount spent on buying the assets as part of the government's bail-out of the insurer. Goldman won the auction for the securities from the NY Fed's Maiden Lane II portfolio, a special purpose ...
Goldman Buys $6.2 Billion in Mortgage Bonds From New York FedWall Street Journal
Goldman Buys $6.2B In NY Fed's AIG Bailout AssetsForbes
GOLDMAN SACHS GROUP, INC. : 2nd UPDATE : Goldman Buys $6.2 Billion In Mortgage ...4-traders (press release)
Fox Business
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Insurance Auto Auctions to sell salvage vehicles to China
Search-Autoparts.com
Today, this recycling project is supported in China by the environmental protection body of the Chinese government. For the past 30 years, Insurance Auto Auctions has continued to develop and cultivate a mature and global customer buyer base in more ...

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Auctions Alone Will Not Solve 'Spectrum Crunch,' Experts Say
Bloomberg BNA
... reclaim airwaves from television broadcasters and auction them off to mobile network operators, sharing some of the proceeds with the TV stations that volunteer to cease broadcasting and, ultimately, give back their spectrum to the government.

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RATE FUTURES REPORT: Contracts See Muted Demand As Auctions Loom
Wall Street Journal
Futures contracts linked to 10-year Treasurys and longer-dated US government issues sold off sharply in Tuesday trading, weighed by the glut of supply ahead and some optimism that Greece is making progress in bailout talks. March-dated contracts on the ...

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