Weekly bulletin 16.03-23.03.03.2012

26 март 2012
MF placed five-year government securities at record low yield of 3.48 percent on an auction past week. This is the lowest level since 2005 for a bond with a 5-year period and decreased compared to 3.71 % reached at February 20, 2012. Securities sold are actually 10 years, but with a residual term of 5 years. Spreads over German government bonds with similar remaining maturity was 242 bp, and also recorded a decrease of 38 basis points.
Collective investment schemes managed by the "UBB Asset Management" recorded growths, and in a leadership role has returned high-risk UBB Premium Equity, which with a reported growth of 1.08 % managed to beat stock market indices. Transactions concluded last week have intended to reach the set target ....more »