Investors turn to government bonds amid market uncertainty

first_imgIndividual investors are showing growing appetite for government bonds (SBN) because the low-risk securities provide promising returns amid uncertain market conditions, financial analysts have said.Jason Gozali, founder and CEO of Investor Muda, one of the biggest investor communities in Indonesia, said that investors’ appetite in SBN was growing.“So far, retail investors’ interest in SBN is increasing because it is considered low-risk in comparison to other volatile assets,” he said in Jakarta on April 14. This did not mean, however, that many investors in the equity market had switched to the bond market, said Jason. On the contrary, many online stock trading sites had seen more than a 20 percent rise in trading value compared to last year’s figure.More moderate millennial investors preferred bonds as their investment vehicle and more aggressive millennial investors generally purchased bluechip stocks while they were still cheap, explained Jason, who is also a fund manager and investment consultant.“With the ongoing volatile condition and economic [slowdown], investment potential in bond instruments, including retail bonds, are becoming more attractive,”  head of fixed income research Handy Yunianto of Mandiri Sekuritas  told The Jakarta Post on April 15.With close to zero risk, relatively short tenors and attractive yields in comparison to the market interest rate, government bonds were among the top picks in investment, he elaborated. Handy shared Jason’s view that the growing interest in bonds did not indicate that equity investors had migrated to the bond market.  Each investor had their own risk-return preference, he noted.“However, investing in bonds might see a slight increase” on expectations of lower interest rates, he said, stabilizing currency and curtailing economic growth.Assistant vice president Adra Wijasena of RHB Sekuritas Indonesia told the Post on Friday that in spite of current global uncertainties prompting retail investors to hold on to their cash, investing in SBN was still attractive.Adra explained that liquidity risk could be minimized as long as the trading volume and frequency of SBN in the secondary market was still “quite good”.The confidence of retail investors was apparent in the latest issuance of sharia-compliant government retail bonds (Sukri), while the government saw oversubscription of its Sukri SR-012 bond series between Feb. 24 and March 18.“The public response was very good,” government debt papers director Deni Ridwan of the Finance Ministry told the Post on May 14.The government raised its bond issuance target from an initial Rp 8 trillion (US$537.53 million) to Rp 12.14 trillion, according to the Finance Ministry’s financing and risk management office (DJPPR).But the Sukri SR-012 saw a little under 24,000 buyers compared to 35,000 buyers for the Sukri SR-011 in 2019. The demographics of bond buyers had also changed, with millennials making up 39.58 percent of SR-012 buyers and baby boomers making up 36.5 percent of SR-011 buyers, according to DJPPR data.“Details on the [bond] type and amount are still under discussion. Hopefully, we will be able to publish the information in the near future,” Deni said, when asked about the upcoming issuance of retail SBN in June.The government plans to issue the retail savings bond (SBR) series SBR-010 from June 23 to July 9, according to the Finance Ministry’s issuance calendar.The government also plans to issue six SBN bonds this year, down from 10 bonds last year. Government bonds have a key role in financing the state budget and the national COVID-19 mitigation efforts.“We will prioritize SBN issuance through a market mechanism, including retail [bonds], [valued at] around Rp 50 to Rp 70 trillion,” Finance Minister Sri Mulyani Indrawati said on April 30 at a working meeting with House of Representatives Commission XI overseeing financial affairs.Topics :last_img read more

BLOG: Ensuring K-12 Investment Reaches The Classroom

first_img SHARE Email Facebook Twitter December 08, 2015 Schools That Teach,  The Blog After four years of painful cuts to public education in Pennsylvania, Governor Wolf — in his first budget — has secured a historic $350 million increase for basic (k-12) education. Where will that k-12 investment go? Earlier this year, the governor asked school districts to pick from a list of 14 evidence-based programs, assigning dollar amounts to each selection.Nearly every school district responded. Here are their top priorities:Maintain or expand high-quality early childhood education, or pre-kindergarten and full-day kindergarten programs;Reduce class sizes in elementary schools;Restore programs and personnel that were eliminated as a result of cuts made since 2010  — this means not only teachers, but other educators like guidance counselors and librarians can be re-hired, and many extra-curriculars will return to enhance learning outside the classroom.In their responses to the Department of Education, superintendents were also asked to provide clear benchmarks for measuring student performance and progress. Those include measures such as third grade reading levels, high school graduation rates, truancy rates, college matriculation and completion, and down the road for our students — employment rates and wages. All are important indicators of how schools are leveraging investment to maximize student performance and close the achievement gap.It is important to Governor Wolf that these funding impact plans enable flexibility, while also holding districts accountable for their results. With the major investment in education he has now secured, the governor believes our students will be better prepared for the 21st century workforce, which in turn, will ultimately grow Pennsylvania’s economy. By: Sarah Galbally, Deputy Secretary of Policy & Planningcenter_img BLOG: Ensuring K-12 Investment Reaches The Classroom Like Governor Tom Wolf on Facebook: read more

WCMF 2011 – Hotter and stronger in its 15th year

first_imgEntertainmentLocalNewsWCMF 2011 WCMF 2011 – Hotter and stronger in its 15th year by: – September 19, 2011 Share Share Sharing is caring! Tweetcenter_img Share 109 Views   no discussions Roseau, Dominica — Since it was created in 1997, the World Creole Music Festival has prided itself as being the most indigenous of music festivals in the Eastern Caribbean, dedicated to delivering first-class performances both of the artistes on show and the spectator experience, and hope to be even more exciting, fresher, hotter and stronger when it is held between Friday 28 and Sunday 30th October, 2011 at the Windsor Park Stadium in Roseau, Dominica’s capital city.Now in its 15th year, the WCMF has captivated audiences year after year with its unique brand of quality entertainment while highlighting the various sub-genres of Creole Music including Dominica’s Cadence-lypso and Bouyon, Zouk from the French Antilles, Haitian Compas, as well as Zydecco from Louisiana and Afro-zouk from the African continent, and a wider appeal of regional and international music genres like reggae, salsa and soca/calypso. The core value of the WCMF is however to preserve the authenticity of Creole music and exposing young and upcoming acts to a world stage even while giving patrons their taste of other popular forms.The WCMF has the distinct advantage of having many of the top acts and performers of Creole music electrify audiences over these past 15 years. The long and distinguished list of artists and performers include the legendary Zouk band, Kassav; Haitian Compas pioneers Tabou Combo and Magnum Band, President Sweet Mickey, Zenglen, Buckman Experience, Carimi, T-Vice, Top Vice, among many other Haitian Compas groups; Dominica’s Lady of Song Ophelia; Exile One; Jeff Joseph and his Grammacks/New Generation, the sensational Michelle Henderson, Bouyon pioneers WCK along with other exponents of the Bouyon beat; Taxi Kweyole, Zouk Machine, Franky Vincent, Tanya St. Val, the late Patrick St. Eloi, Chiktay and Skah Shah; Buckwheat Zydecco of Lousiana; African Soukouss and afro-zouk stars like Sakis, the late Oliver Ngoma, and Loketo and Diablo Dibala. In addition to Soca and Calypso stars like Machel Montano, Roy Cape and his band, Sherwin Winchester, Square One, Krosfyah, Byron Lee & the Drongoniares and the red hot Burning Flames; reggae and dancehall acts like the Wailers, Aswad, Elephant Man, Sizzla, Beenie Man, Sean Paul, Shaggy, Beres Hammond, Morgan Heritage, Jah Cure, Steel Pulse and Luciano; and international superstar, Haitian Wycliff Jean. Over these 15 years the WCMF has seen many innovations and unique production and promotional techniques that have helped to engender a unique festival brand in Dominica, making it one of the most sought after events in the Caribbean. The sound quality, the festival atmosphere, the familiar faces of patrons from around the region, the sweet taste of various Creole Cuisines and the free spirited and care-free local festival goers make for a magical event each year at the end of October in Dominica.This year, the festival will roll out one of the most balanced and unique line-ups highlighting a blend of veteran and iconic performers including Jeff Joe of Grammacks fame; the iconic voices of Jean-Philippe Marthely and Jocelyne Beroard of Kassav fame; reggae ambassadors, Third World; Ali Campbell, the legendary voice of UB-40; Dominica’s Swinging Stars of more than 50 years; Midnight Groovers of the venerable Chubby Mark; plus the younger generation of Creole stars like Carimi and Harmonik of Haiti, WCK and Triple Kay of Dominica and Kolo Barst of Martinque; the love connections of reggae superstar Gyptian; zouk love singers Fanny, Jocelyne Labylle and Alex Catrin of the French Antilles and the husband and wife team of Bunji and Fay-Ann. That’s the magic of the WCMF 2011, hotter and stronger.The magic continues after 15 years of infectious music and the pulsating rhythms of Creole and popular world music in The Nature Island.Press ReleaseDominica Festivals Committeelast_img read more

Sanchez: I wanted to quit Man Utd after first training session

first_img Loading… “They start laughing and I told them that something did not sit right with me. It had already been signed.” Sanchez recalled a match against West Ham in September 2018 when Jose Mourinho opted to leave him out of the matchday squad entirely. He said: “In a game with West Ham I wasn’t picked. That had never happened to me as a player. It bothered me and I said it couldn’t be possible. “To go from being one of the best in the Premier League to not playing in five months. I came to my house and I was very sad. The next day I trained in a double shift, because I love what I do.” read also:Inter get Sanchez boost for Europa League final Defeat to West Ham at Old Trafford was one of Mourinho’s last in charge as United dismissed the Portuguese with the club languishing in mid-table. Ole Gunnar Solskjaer took the reins in December of that year and Sanchez swiftly took the opportunity to discuss a move away, first joining Inter on loan the following summer. He added: “I told him that I needed to take a breather, and the opportunity to go to Inter. He told me that yes, there was no problem.” FacebookTwitterWhatsAppEmail分享 Alexis Sanchez has sensationally claimed he wanted to tear up his Manchester United contract and return to Arsenal after just one training session at Carrington. In January 2018, United reportedly paid Sanchez more than £500,000-a-week to prise him away from the Gunners in a straight swap deal which saw Henrikh Mkhitaryan go the other way. However, the Chile international’s dream move to his boyhood club quickly turned into a nightmare as he made just 21 starts across his first two full seasons at Old Trafford, having arrived in his pomp from north London. He scored just five goals in 45 appearances in total before sealing a season-long loan move to Inter Milan for the 2019-20 campaign – a transfer which he eventually made permanent earlier this summer. But the 31-year-old has now revealed his move away from Old Trafford would have happened much earlier had he got his way. Sanchez said in an Instagram video: “I got the opportunity to go to United and it seemed tempting to me. It was something nice for me, because when I was a kid I liked that club a lot. “I ended up signing without much information about what was happening in the move. The first days that I was with my colleagues, sometimes there are things that you do not realise until you arrive. “The first training I had I realised many things. I got home and I told my representative: ‘Can’t the contract be terminated to return to Arsenal?’”center_img Promoted ContentWhat Is A Black Hole And Is It Dangerous For Us All?Which Country Is The Most Romantic In The World?Couples Who Celebrated Their Union In A Unique, Unforgettable Way5 Of The World’s Most Unique Theme ParksEver Thought Of Sleeping Next To Celebs? This Guy Will Show YouWho’s The Best Car Manufacturer Of All Time?Fantastic-Looking (and Probably Delicious) Bread ArtWho Earns More Than Ronaldo?Greatest Movies In History Since 19829 Movie Scenes That Got Re-Shot And Saved The Whole Movie7 Of The Wealthiest Universities In The WorldThe Very Last Bitcoin Will Be Mined Around 2140. Read Morelast_img read more

Ronaldo sheds tears during TV interview

first_imgRelatedPosts Pirlo not out to copy anyone after Juventus’ comfortable opening win Juve’s Pirlo gamble makes new Serie A season the most open for years Pirlo bags UEFA coaching badge Juventus ace, Cristiano Ronaldo, could not hold back the tears as he spoke about his late father. Ronaldo has been interviewed by Piers Morgan for a programme that will air on ITV on Tuesday night. In a revealing conversation, chat turns to Ronaldo’s private life with the Juventus star telling Morgan that he barely knew his father. Dinis died in 2005 aged 52, just as Ronaldo became the great that he now is. Ronaldo said: “I really don’t know my father 100 per cent. He was a drunk person. I never spoke with him, like a normal conversation. It was hard.” The football ace was also shown footage of his father giving an interview ahead of Euro 2004. And Ronaldo welled up when hearing his dad speak with so much pride. Morgan asked the former Manchester United star what makes him sad when reflecting on his dad. The Portuguese star said: “To be the number one and he don’t see nothing, and he don’t see to receive awards, to see what I became.” Ronaldo also speaks about life with his girlfriend Georgina Rodriguez, who he has one daughter with. The couple are also raising Ronaldo’s other three children as they live together in Turin. And Ronaldo opened up on plans to marry the 25-year-old model in the revealing interview. The former Real Madrid and Manchester United hero said: “We’ll be (married) one day, for sure. “It’s my mum’s dream as well. So, one day. Why not?”Tags: Cristiano RonaldoJuventusPiers Morganlast_img read more

Med Official: Super Bowl Party Murder Victim was Shot 17 Times

first_imgAn associate county medical examiner’s statement in the trial of Christopher Vasata, one of the suspects in the 2017 Super Bowl triple murder, took the courtroom by surprise on Wednesday afternoon.According to that official, one of the three victims—Sean Henry—was shot 17 times, sometimes at very close range.Neighbors along Mohawk Street in Jupiter also testified.One of them, Jason Armentano, says, “All of a sudden, I heard what at first I thought might’ve been fireworks. It definitely sounded like gunshots. It sounded like a bunch of shots altogether.” In total, he says he heard eight to 10 gunshots.Super Bowl Murders: Death penalty trial enters day 2 of testimony ⁦@CBS12⁩— Al Pefley (@AlPefley) June 12, 2019 He adds that shortly thereafter, the host of the Super Bowl party where the murders occurred ran into Armentano’s house and told him that his friends had been shot.Armentano says his neighbor’s behavior was, “Like he saw a ghost. He couldn’t talk.”Another neighbor, Brindin Sieff, also says he heard gunshots, and that he noticed a Honda Accord leaving the scene at 1105 Mohawk Street as someone said, “We need to get in the f—king car now! We need to leave. The police are on their way.”Vasata’s trial is expected to last around three weeks. Police believe that he also killed Kelli Doherty and Brandi-el Salhy at that Super Bowl party.If he is convicted, prosecutors say they intend to seek the death penalty.last_img read more

Warner steers Australia to T20 series sweep of Sri Lanka

first_imgBy Ian RansomMELBOURNE, (Reuters) – David Warner capped a brilliant return to form on home soil with a third successive half-century to fire Australia to a seven-wicket victory and a 3-0 series sweep of Sri Lanka in Melbourne on Friday.Having had a miserable Ashes in England, the hard-hitting lefthander continued his spring-time renaissance with an unbeaten 57 as Australia cruised past Sri Lanka’s modest total of 142 for six in 17.4 overs at the Melbourne Cricket Ground(MCG).It was Warner’s third unbeaten knock of the one-sided series, having scored 100 in the opener in Adelaide and 60 at the Gabba on Wednesday.Warner whipped Nuwan Pradeep off his pads for four to bring up the winning runs, a fitting finish to his first international series at home since serving a 12-month ban for ball-tampering.“On a personal front, it’s good to come out here and churn some runs out,” Warner said after receiving both the player-of-the-match and player-of-the-series awards.“It’s good to get out in the middle and hit some out of the middle. Hopefully I can keep continuing this form over summer.”Warner finished the series with 217 runs at a stratospheric average of 147.00 and now heads into the next three-match T20 tournament against Pakistan in ominous form.Confined to paltry totals of 99 and 117 in the opening two matches, Sri Lanka’s batsmen had a slightly better showing in Melbourne, with Kusal Perera managing 57 off 45 balls.But with spearhead Mitchell Starc back in the home side after missing the Gabba match to attend a family wedding, Australia’s pacemen were again dominant.Starc and fellow quicks Pat Cummins and Kane Richardson grabbed two wickets apiece and bowled tight lines throughout to keep the Sri Lankan batsmen subdued.Sri Lanka finished the series with only six wickets from the three matches.Sri Lanka’s fast-bowling captain Lasith Malinga failed to turn up to the post-match presentation, raising speculation of an injury.Wicketkeeper-batsman Niroshan Dickwella went to the presentation in his place and played down his absence.“I think so, I think he must be in the dressing room,” Dickwella said when asked whether Malinga was alright.“From the game one we didn’t perform to our best, so we end up like this …. Definitely we learned a lot in this series.”last_img read more

Syracuse football: Breaking down Louisville’s powerful performance with graphics

first_imgAdvertisementThis is placeholder text Comments Published on September 10, 2016 at 1:13 am Contact Emma: Related Stories Storify: Syracuse fans react to 62-28 loss against LouisvilleSyracuse football can’t overcome early 21-point hole in 62-28 loss to LouisvilleStorify: Twitter reacts to Lamar Jackson dominating Syracuse defensecenter_img Syracuse (1-1, 0-1 Atlantic Coast) got torched by No. 13 Louisville (2-0, 1-0) in a 62-28 loss in the Carrier Dome on Friday. Cardinals quarterback Lamar Jackson put on a show and left Orange fans to take to social media. Here are graphics breaking down the blowout. Facebook Twitter Google+last_img

Irish team back to training ahead of clash tomorrow

first_imgThey face Belarus in Cork before they head to France for their opening Group E fixture against Sweden at the Stade de France on the 13th of June.Ireland midfielder James McCarthy is expected to train, just a day before Martin O’Neill finalises his squad.McCarthy was unable to train with his team-mates ahead of Friday night’s 1-1 friendly draw with Holland because of a thigh problem. Boss O’Neill says it’s all getting very real now that the tournament is nearly here.last_img

On Air… Winamax France launches dedicated TV Channel

first_img Seeking to develop new audiences and drive engagement with its product portfolio, French betting operator Winamax has this week launched its in-house developed broadcast channel ‘Winamax TV‘.The multi-format channel is accessible through the website, and has been additionally extended to Twitch, Facebook Live, YouTube, Periscope and Molotov TV verticals.Launching Winamax TV, the betting operator stated that it would seek to create France’s best ‘hub for sports betting enthusiasts’.Presenting its initial schedule, Winamax TV is set to broadcast 25 dedicated programs, with 40 hours of planned content per week.Winamax TV will host its dedicated weekend ‘Wina’ sports show, informing viewers of best market prices and tips, and further allowing Winamax players to compete for prizes and free bets.Other programs include ‘Winamax Cluth’ a show dedicated to US sports markets and ‘Multiplex Poker’, which will broadcast live poker games twice a week. The TV channel will be further supported with exclusive sports content and opinion provided by special guests and top French journalists.Winamax.TV Share Submit Share StumbleUponlast_img read more