Brazil's Bond Market Hampered by Tax and Other Structural Issues, BIS Says

(Bloomberg) -- Brazil government debt market
trading volume hasn't kept up with Mexico and is a fraction of
U.S. Treasury domestic activity because of tax and other
structural problems, the Bank for International Settlements
said.

Daily trading volume for Brazil's debt equals 1 percent to
2 percent of total debt outstanding, the Basel, Switzerland-
based bank said in a quarterly review. By comparison, U.S.
government trading is 14 percent of outstanding debt, and
Mexican is about 4 percent.


Read more at Bloomberg Bonds News

UPDATE 1-Dubai's DAE says funds for $1.8 bln US buy agreed

(Reuters) - DAE will buy Standard Aero Holdings Inc. and
Piedmont/Hawthorne Holdings Inc. from private equity firm
Carlyle Group [CYL.UL] for $1.8 billion, according to a
regulatory filing on April 2. [ID:nN02413923] The deal still
needs U.S. government approval.




"The funding for that transaction is complete," Michael
Killian, DAE's treasurer told Reuters in Dubai. "It's not all
equity." He declined to give details.


Read more at Reuters.com Bonds News

Abu Dhabi's Index Advances, Paced by Aldar Properties, ADCB: Gulf Stocks

(Bloomberg) -- Stocks rose in Abu Dhabi, the United
Arab Emirates, paced by Aldar Properties PJSC and Abu Dhabi
Commercial Bank, the country's third-biggest lender by assets.

The Abu Dhabi Securities Market Index rose 0.9 percent to
3632.99 at 11:49 a.m. local time, bringing the three-day advance
to 1.8 percent. The Dubai Financial Market General Index added
0.2 percent to 4487.38.


Read more at Bloomberg Stocks News