Bloomberg The African Development Bank (AfDB) approved loans and grants for several nations to ward off the Covid-19 pandemic as infections multiplied across the continent. The lender will provide $97.7 million for Rwanda’s budget to help the nation strengthen its health-care system, buttress economic resilience and mitigate the pandemic’s impact on the most vulnerable people. Under the worst-case scenario, Rwanda’s ...

Bloomberg Axis Bank Ltd., India’s third-largest private sector lender, has picked advisers including BNP Paribas SA and Credit Suisse Group AG to manage its proposed share sale. The Mumbai-based lender has also chosen HSBC Holdings Plc and UBS Group AG for the offering, the people said, asking not to be named as the information is not public. Axis Bank plans ...

Bloomberg Treasuries traders are once again eyeing record low yields, with dimming hopes for a sharp US growth recovery fuelling expectations that the Federal Reserve is about to signal more accommodation ahead. The benchmark 10-year yield just posted its lowest-ever weekly close, at 0.59%. And after stripping out inflation, the real yield — one of the market’s purest reads on ...