Germany's debt agency said Tuesday that it plans to increase its target for third quarter debt sales due to higher net borrowing requirement.
"Due to the increase of the net borrowing requirement decided with the supplementary Federal budget, the Federal Government will adjust its issuance program in the third quarter of 2012," the debt agency said in a statement.
Germany now plans to sell EUR 71 billion in debt in the third quarter, instead of EUR 68 billion projected in December.
The government will borrow EUR 50 billion on the capital market in the third quarter, higher than EUR 47 billion originally planned. It, however, retained the target for issuance of treasury discount paper or Bubills at EUR 21 billion.
Gold price is still not stabilized in India like everywhere else. After going down, the g
Gold price opens lower in Hong Kong
The gold price in Hong Kong went down 180 HK dollars to open at 12,720 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.
The price is equivalent
Market Cap Indices Turn Red at Qatar Exchange
The QE index spending almost the entire session below the break even line witnessed a bearish trend on Thursday 23rd May 2013. The index dropping 37.28 points or 0.41 percent reached at 9,048.62 leve
Small Cap and Large Cap Push ADX Index Lower
The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36.
M
WEF to focus on challenges
Leaders from the Middle East and North Africa in business, economics and politics will focus on the aftermath of the Arab Spring as they gather for the World Economic Forum in Jordan this weekend.