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Showing 11 - 20 of 31 results for "Treasury Bill"

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
If it walks like a duck and quacks like a duck, is it a duck? It is not, according to the US Federal Reserve. On October 11, the Fed issued a press release explaining its plan to buy Treasury bills at "an initial pace of approximately $60 billion per ...

Adviser cops 262 month jail sentence

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
A financial adviser in the US will spend the next 22 years in prison after he defrauded his own family out of millions. Treyton Lee Thomas has been sentenced to 262 months in prison for wire fraud and 60 months for tax evasion to run concurrently, as ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... 2007 stated: "The spread is currently negative: With the 10-year Treasury note rate at 4.78%, and the three-month Treasury bill rate at 5.07% (both for the week ending March 16), the spread stands at a negative 29 basis points, and indeed has been in ...

NZ Super Fund delivers 12.4pct, braces for future

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
The NZ Super Fund delivered 12.43% in FY18, beating its passive reference portfolio benchmark by 2.02% and is now bracing for a changing economic landscape. The $39 billion fund has reaped the rewards of its growth-asset allocations but is now reducing ...

NZ Super Fund posts record returns

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... fund has now returned 10.2% pa, more than double the cost to the Government of contributing to it (as measured by Treasury Bill returns), over a period of nearly 14 years." According to NZ Super, the high annual result reflects a sustained rally in global ...

NZ Super Fund posts decent full-year return

MARK SMITH  |  WEDNESDAY, 21 SEP 2016
... 2016, after costs, before NZ tax). It has exceeded its reference portfolio benchmark by more than $4 billion and its Treasury Bill return benchmark by more than $14 billion.

Global market slide hits NZ Super Fund

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... commenced investing in 2003, and predicted that it would return at least 2.7% per annum above the New Zealand 90-day Treasury Bill over a 20-year period. Since 2003, it has returned 4.72% above the Treasury Bill.

The Fed's done it

BENJAMIN ONG  |  THURSDAY, 17 DEC 2015
... yield curve-specifically, the spread between the interest rates on the ten-year Treasury note and the three-month Treasury bill-is a valuable forecasting tool. It is simple to use and significantly outperforms other financial and macroeconomic indicators ...

NZ Super posts 14% returns for FY2014

LAURA MILLAN  |  WEDNESDAY, 16 SEP 2015
... management of $29.54 billion. The fund exceeded its two benchmarks, which are its own passive reference portfolio and the Treasury bill, which measures the cost to the New Zealand Government of contributing capital to the fund instead of paying down ...

NZ Super posts record annual return

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
... and will look to profit from it where we can." The Guardians expect that over the long term the Fund will beat the Treasury Bill return by at least 2.5% p.a. and the Reference Portfolio return by 0.5% p.a.