Analysis: Interest Rates

BoE Governor warns lenders of challenges of negative interest rates - Sunday Times

Bank of England Governor Andrew Bailey has written a letter to lenders warning them of the challenges of negative interest rates, the Sunday Times newspaper reported. The letter said...

Nigeria weakens naira at retail FX auction in a move to align rates

By Chijioke Ohuocha Nigeria's central bank asked lenders to bid for forex at an auction 5% above its official rate of 360, traders said, in a move to weaken the naira as the regulator...

Olympic Casino's asset grab unnerves European junk bond investors

By Yoruk Bahceli A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics used by private equity firms in the United States to shift assets...

Japan will cut bond issuance for FY2019 budget by $4.7 bln -sources

Japan will issue 500 billion yen less in bonds than it had planned for last fiscal year and instead tap reserves to fill tax revenue shortfalls caused by the coronavirus, several government sources...

China central bank to cut re-discount, relending rates from July 1 - sources

China's central bank will cut the re-discount and re-lending rates by 25 basis points as of July 1, two sources with direct knowledge told Reuters on Tuesday, in a move that will reduce funding costs...

UK bumps up mammoth bond sales drive to 275 billion pounds

Britain plans to sell a record 275 billion pounds of government debt between April and August to pay for its huge spending response to the coronavirus pandemic, more than double its borrowing in the...

Yield curve control a double-edged sword for Bank of Japan as low rates strain banks

By Leika Kihara The Bank of Japan's push to keep borrowing costs low to cushion the economic blow from the coronavirus is coming at the expense of the country's lenders, which are...

Indonesia central bank may buy low-yielding govt bonds to support pandemic fight

Indonesia's finance minister said on Monday the government may sell low-yielding bonds to the central bank via private placement to help finance a ballooning fiscal deficit caused by spending to...

Deutsche Telekom : SoftBank to repurchase $1.9 billion of corporate bonds

By Sam Nussey Japan's SoftBank Group Corp said on Monday it will repurchase up to 200 billion yen of its domestic unsecured corporate bonds from June 30 to July 17, part of its plan to...

Bundesbank must decide on ECB bond purchases, top court judge says

The decision on whether Germany should pull out of the European Central Bank's bond-buying programme lies with the Bundesbank, a judge in Germany's highest court said in remarks published on Sunday. ...

Hitting back at German court challenge, ECB defends bond buys

European Central Bank policymakers, fending off a German court challenge to their money-printing scheme, insist that bond buys help prop up the economy and their benefits outweigh the side effects,...

Bank of England's Bailey says QE bond sales should precede rate rises

By David Milliken Bank of England Governor Andrew Bailey said on Monday that the central bank should start to sell government bonds back to the market before it raises interest rates...

Pandemic propels old-school bond traders towards an electronic future

By Dhara Ranasinghe and Saikat Chatterjee The mammoth bond market has long been the old-school bastion of the financial world, but the COVID-19 pandemic has cast a light on its future -...

As Bank of Canada quells sub-zero rates talk, next move may be a hike in 2022

By Fergal Smith Investors, looking past the COVID-19 pandemic, are betting that the Bank of Canada could be among the first major central banks to hike interest rates, signaling new...

JPMAM's Michele: Rotate out of government bonds into banks, EM

JPMorgan Asset Management will extend its fixed income holdings further out on the spectrum, handing government bonds back to central banks and rotating out of liquid names into specific sectors such...

London stocks slip as BoE slows bond purchases; AstraZeneca weighs

By Susan Mathew UK shares fell on Thursday after the Bank of England's slowed the pace of its huge bond-buying programme, while a surge in coronavirus cases in the United States and...

Bank of England slows bond purchases as it sees some recovery signs

By William Schomberg, David Milliken and Andy Bruce The Bank of England slowed the pace of its huge bond-buying programme on Thursday as it saw some signs that the British economy was...

Swiss National Bank signals need to maintain negative rates

By John Revill and Silke Koltrowitz The Swiss National Bank will keep its ultra-expansive monetary policy for some time after cutting its inflation outlook and saying it needs negative...

China won't adopt 'flood-like' stimulus nor negative rates - regulator

China's top banking regulator said on Thursday that the country will not adopt flood-like stimulus nor negative rates, warning that unprecedented easing by the Federal Reserve will dent U.S....