| Japan to avoid JGB auctions on BOJ policy days
TOKYO, March 27 (Reuters) - Japan's Ministry of Finance has begun scheduling Japanese government bond auctions so that they do not coincide with Bank of Japan policy announcements, in line with requests from investors, the ministry said on Tuesday. To avoid market volatility, offers for JGBs with coupons, financing bills, treasury bills and special debt will not be held on days that the BOJ is slated to announce policy decisions, starting with the June line-up of auctions released on Tuesday. "Markets can become volatile when the BOJ makes policy announcements due to a wide range of news and information that comes out," Naoyuki Yoshino, head of the MOF's regular forum with JGB investors, told reporters following a meeting on Tuesday. "It would be best to avoid holding auctions at such times." The MOF's last 30-year JGB auction was held on the final day of the BOJ's two-day policy meeting in January, when the central bank surprised many in the market by keeping rates steady at 0.25 percent.
Havurah does Hollywood for auction
A walk down the red carpet is in store for members, friends and the community at Havurah Shalom's sixth biennial auction, "Lights, Camera, Auction," Sunday, April 29 4:30-8 p.m. at the synagogue, 825 NW 18th Ave. in Portland. At this movie-theme gala, the "main attraction" is bidding on Oregon-coast vacations; a trip to Sunriver; a week in Maine; night-on-the-town packages; dozens of restaurant dinners; framed art by local artists; jewelry; sailing on the Columbia River; a gourmet hike on Mt Hood; and more"Short subjects" are abundant hors d'oeuvres, delectable desserts and wine.The "sneak preview" is the chance to win the raffle prize of a new Toshiba 42" Plasma Flat Panel TV. Proceeds of the event are earmarked for Havurah's building fund. Admission is $36 sponsors, $20 friends. Raffle tickets are $10 each or 3 for $25.
CirTran Forms Online Subsidiary to Sell Offshore Products to Sell ...
SALT LAKE CITY--(BUSINESS WIRE)--CirTran Corporation (OTCBB:CIRT), an international full-service contract manufacturer of IT, consumer and consumer electronics products, today announced that it has formed a new wholly owned marketing-driven subsidiary to sell its products via the internet, to offer training, software, marketing tools, web design & support as well as other E-commerce related services to internet entrepreneurs, and to telemarket directly to previous buyers of its products & services. CirTran signed a three-year Assignment and Exclusive Services Agreement for its subsidiary -- CirTran Online Corporation (COC) -- with Global Marketing Alliance (GMA), founded by Mr. Sov Ouk, and its affiliate companies, Online Profit Academy, LLC, and Online 2 Income, LLC including Webprostore.com and Myitseasy.com.
TOPIC OF THE DAY Bidding process
The Spring Lake Heights Borough Council awarded a sole bidder a $750,000 contract to replace residential water meters. The sole bid was just $35 less than the appropriation. The bid specifications stated, "The Borough has selected Sensus Metering Systems for this Project. The successful contractor will replace all existing water meters with Sensus meters." No one in borough hall could provide one document showing the name Sensus Metering Systems, let alone explain how it was "selected." In-Line Services was the only Sensus distributor and installer that bid. New Jersey's public contract law strongly discourages the use of manufacturer names in bid specifications because it prevents free, open and competitive bidding. Every borough taxpayer should ask, "Why would they do this?" Surely, the answer is not "for the love of Spring Lake Heights." Would any of those who voted for this contract stop at one bid if it were their personal $750,000 and their own residential project? The bid specifications deny Spring Lake Heights taxpayers a competitive process.
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