auction
Top StoriesPnc, Jpm, Citizens Among Final Bidders in First Republic Auction -Sources
InvestingManchester United Tanks on Report Glazers May Avoid Sale With New Investment
Top StoriesBritain Announces 205 Million Pound Auction for Renewable Power Projects
Top StoriesShell, Chevron and Petrobras Weigh Guyana Oil Auction Bids -Sources
Explainer-Why Is the Bank of England Selling Government Bonds?
Date: November 1, 2022
By David Milliken LONDON (Reuters) – The Bank of England will pass a major milestone on Tuesday when it holds a first auction to sell some of the 875 billion pounds ($1.01 trillion) of government bonds it bought during successive quantitative easing (QE) programmes from 2009-2021. Britain’s central bank will be the first in the...
BoE Doubles Potential Bond Buy-Backs as Emergency Plan Nears End
Date: October 10, 2022
By William Schomberg LONDON (Reuters) -The Bank of England sought to ease concerns about this week’s expiry of its programme designed to calm turmoil in the government bond market, announcing new safety-net measures including a doubling of the maximum size of its debt buy-backs. Finance minister Kwasi Kwarteng last month sparked a bond rout with...
UK 10-year Gilt Auction Sees Strong Demand, High Yield
Date: October 5, 2022
By David Milliken LONDON (Reuters) – Britain received solid demand at an auction for 3 billion pounds ($3.43 billion) of 10-year government bonds on Wednesday, after patchy investor appetite for a 40-year issue the day before, but it paid the highest interest rate at any auction since 2011. Investors bid for 2.50 times the sum...
Sabadell in Talks With Worldline, Nexi and Fiserv for Payments Deal -Sources
Date: September 23, 2022
By Pamela Barbaglia, Jesús Aguado and Andres Gonzalez LONDON/MADRID (Reuters) -Spanish bank Sabadell has received indicative bids from France’s Worldline, Italy’s Nexi and U.S. firm Fiserv for its payments arm, with a deal valued at up to 400 million euros ($394 million), three sources said. Sabadell received the non-binding offers last week and is expected...
Why Online Auctions Matter Now More Than Ever
Date: September 19, 2022
By Eli Randel is the COO of Crexi. Alongside the rise of the internet, online transactions have escalated from a rarity to ubiquitous. The pandemic’s acceleration of digital tool adoption, improving technologies, and overall changing sentiment around the topic have well-positioned online auctions as a viable and valuable disposition and acquisition path for industry professionals....
Princess Diana’s One-Of-A-Kind Ford Escort Goes up for Auction
Date: August 24, 2022
LONDON (Reuters) – A unique black Ford Escort driven by the late Princess Diana in the 1980s is due to be auctioned this weekend at Britain’s Silverstone racing circuit. One of 130 lots going up for sale on Saturday, the RS Turbo Series 1 Escort belonged to Diana between 1985 and 1988. It is thought...