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India signals tolerance for higher yields with sale of new bond

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Bloomberg India’s central bank set a coupon of 6.10% for the new 10-year bond sale, higher than that of the current benchmark, signaling a slight tolerance for higher yields after months of trying to cap them at 6%. The government sold 140 billion rupees ($1.9 billion) of the new bond as part of a 260-billion rupee sale, the Reserve Bank ...

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BOE asks staff to work one day a week in office

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Bloomberg The Bank of England (BOE) will ask staff to come into the office at least one day a week from September as UK companies plot the return of workers following plans to relax guidance to stay at home. Employees at the central bank will be expected to organise regular “team days” in the office, Chief Operating Officer Joanna Place ...

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Citigroup steps up hiring across Africa with bond crown in sight

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Bloomberg Citigroup could add close to 100 new employees to its businesses across the African continent as it surges past rivals to reclaim the top spot in arranging debt sales in the region. The New York-based bank has already started filling roles to add muscle to its local operations in anticipation that the headcount in sub-Saharan Africa will swell by ...

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