Nigeria has reached the end of a huge debt elimination programme under the administration of its president, Olusegun Obasanjo, though an auction has not settled all the country’s remaining legacy debt.
Of roughly 1.76m oil warrants auctioned, about 21 per cent, were bought back at the government’s indicated minimum price of $220, at a total cost […]

A spectacular golden wreath dating back to the 4th Century BC is due to go on display at the National Archaeology Museum in Greece.
The Macedonian wreath was returned to Athens at the weekend by the Getty Museum in Los Angeles.
Greece fought for 10 years to prove that it had been illegally spirited out of the […]

The average weighted price for Bank of Russia Bond (OBR) series 04001-7 (maturing on October 18, 2007 and with a built-in put option) offered at auction Thursday was 97.5875% of face value, which corresponds to yield of an annual 5.28%.
The Central Bank reported that 123.484 billion rubles (face value) worth of the bonds were sold […]

The auction of the Trade Centre II plot will take place during the International Property Show 2007, which is scheduled to run from April 3-5.
The land being auctioned covers an area of 14,731 sq. ft. and has been designated for commercial and residential development. Humaid Al Shamsi, Head of Auctions at Dubai Land Department, […]

Hungary’s Government Debt Management Agency (ÁKK) is set to hold an auction of HUF 75 billion of 2010 local debt. Despite still overweight positions in local debt Dresdner Kleinwort expects to see relatively strong demand provided there is no more serious deterioration of risk appetite.
“The foreign holdings of local debt show that there has […]