The Greek Public Debt Management Agency (PDMA) announced that it has successfully sold 1.5 bln eur in three-year bonds carrying a 2.90 pct coupon, with the issue being oversubscribed 4.17 times.
The weighted average price was 101.276, with a weighted average yield of 2.41 pct. Settlement date is Sept 2.
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The highly anticipated auction of a painting by the legendary Aboriginal artist Rover Thomas has not lived up to expectations and the artwork was passed in after failing to reach its reserve price of $800,000.
Christie’s auctioneers had hoped Lundari (Barramundi Dreaming) would fetch in the vicinity of a million dollars and set a new record […]

eBay is making changes to the fee structure to the UK and Ireland sites effective September 29, 2005. On eBay.co.uk, the maximum insertion fee for Multiple Item (Dutch) Auction and Fixed-Price listings will be changing from 2 pounds to 3 pounds (including VAT). And adding a Buy It Now option to auctions will change from […]

Online auction house eBay was facing criticism today over an attempt to sell violent footage of bare knuckle Traveller fights in Ireland.
The shocking camcorder footage is on sale to the highest bidder on the world-famous website.
Some DVDs advertised in recent weeks were billed as a “must-have piece of unlicensed boxing history”.
One was placed by a […]

Online auction site OZtion has pitched its service to computer resellers, claiming that the eight-month-old site will save the channel money and marketing resources.
Philip Druce, general manager of online auction upstart OZtion, said OZtion let resellers list items online to broaden their reach. Listing an item cost nothing, but a successful sale would attract a […]

Jane Yalunga will not be at Christie’s South Yarra auction house tomorrow night when a painting by her father, Rover Thomas, goes under the hammer. As bidders juggle wineglasses and auction paddles in the bid to secure Thomas’s 1985 painting Lundari (Barramundi Dreaming), his daughter will be at home in the remote community of Warmun, […]

Following the tremendous spring Asia Week in March 2005, in which Sotheby’s sold 23 lots over $100,000 and achieved the three highest auction prices for Asian art that week, including a previously undiscovered 14th Century copper-red bottle which brought $2 million, the September sales of Chinese and Asian art will feature a number of treasures, […]

HM Revenue & Customs, formerly the Inland Revenue UK, will be keeping a watchful eye on auction website eBay in the run-up to Christmas in an attempt to crack down on traders avoiding tax liabilities.The Revenue will be tracking the feedback a seller gets on the website to determine which individuals are making an income […]

A school friend of the late Princess Diana is cashing in on a personal letter containing the former Royal’s teenage thoughts by selling it on internet auction site eBay for £20,000.
Cara Howard says she received the letter - handwritten by the late princess - after Diana left the public school they both went to in […]

Manheim’s Toronto Auto Auction in Milton, ON, has been added to the Total Resource Auctions network of wholesale salvage auctions. Total Resource Auctions allows buyers and sellers to move damaged, inoperative and salvage vehicles through selected Manheim locations and Web-based products, including Simulcast and Online Vehicle Exchange. Buyers can participate in every sale either at […]