Zero Coupon Bonds Headlines

Italy Borrowing Costs Rise at Auction on Crisis Concerns

Italy was forced to pay 1 percentage point more than a month ago to sell zero-coupon bonds in the first auction since Prime Minister Mario Monti’s government moved back its balanced-budget target.

Italian Yields Rise at Sale, Still Half 2011 Peak

Italy paid a full percentage point more than a month ago to sell 3.44 billion ($4.5 billion) euros of zero-coupon bonds at an auction on Tuesday, as worries about politics in the Netherlands and France weighed on euro zone debt markets.

Stock Exch Notice - Admission to Trading - 17/05/2012

 NOTICE OF ADMISSION TO TRADING ON THE LONDON STOCK EXCHANGE 17/05/2012 - 8:00am The following securities are admitted to trading on the LSE with effect from the time and date of this notice. ABBEY NATIONAL ...

Indowind Energy Seeks to Raise Funds to Help Pay Off Debt

Indowind Energy Ltd. (IEL) , which sells wind power in India to companies including Oracle Corp. (ORCL) and Citibank Inc., seeks to raise $30 million to help pay off loans and bondholders.

Sterling Biotech Said to Fail to Pay $184 Million of Notes

Sterling Biotech Ltd. (SLT) , a gelatin maker based in Mumbai, didn’t pay $184 million of convertible notes that matured yesterday, the biggest missed payment by an Indian company on debt that can be swapped for shares.