08262016Fri
Last update: Fri, 26 Aug 2016 10pm

Europe

Markets - Fixed Income - Europe

UK gilts jump nearly 40 ticks after weaker BoE gilt buyback LONDON: British government bond prices jumped on Tuesday after the Bank of England received fewer offers for its purchase of long-dated gilts than last week under its latest plan to give the country's economy a boost. The BoE said it received an offer-to-cover ratio of 1.54 as it bought 1.17 billion pounds of gilts with maturities of 15-years and longer, down from 2.67 at its previous buyback for similar gilts last week. Copyright Reuters, 2016 ...

Markets - Fixed Income - Europe

German yields fall after Bank of England bond-buying sees weaker demand LONDON: German 10-year bond yields fell to a one-week low on Tuesday after the Bank of England saw weak demand when it attempted to buy long-dated bonds under its relaunched quantitative easing scheme.The fall tracked moves in British bonds as the reverse auction hinted at an unwillingness for investors to sell debt that could prove problematic for the central bank's stimulus programme.German 10-year yields reversed an earlier rise and were down 2 basis points on ...

Markets - Fixed Income - Europe

Greece rolls over 3-month T-bills, yield steady ATHENS: Greece sold 1.138 billion euros ($1.27 billion) of three-month treasury bills to refinance a maturing issue, the country's debt agency PDMA said on Wednesday. The debt agency sold the new paper at a yield of 2.70 percent, unchanged from a previous sale last month. The amount raised included 262.5 million euros in non-competitive bids.In a rollover T-bill, holders renew their positions instead of getting paid on the maturing paper they hold.The sale's bid-to-cover ratio ...

Markets - Fixed Income - Europe

Euro zone bond yields fall after Britain restarts monetary easing LONDON: Euro zone bond yields fell sharply on Thursday, hauled down by a dive in British yields to record lows after the Bank of England cut interest rates and restarted its bond purchase programme to ease the economic blow from June's vote for Brexit. German 10-year yields, the euro zone benchmark, already lower on the day after hints the European Central Bank would also soon adjust its stimulus programme, fell 6 basis points to minus ...

Markets - Fixed Income - Europe

Euro zone bond yields rise with Japan seen changing easing tack LONDON: Euro zone bond yields rose sharply on Tuesday, mirroring a rise in Japanese yields as investors fretted about an apparent shift in Tokyo from monetary easing towards fiscal stimulus. Prime Minister Shinzo Abe's cabinet approved 13.5 trillion yen ($132 billion) in fiscal measures to boost the world's largest economy, triggering the deepest sell-off in more than three years in Japanese government bonds. Momentum from that move, prompted by concerns the Bank of Japan may ...

Markets - Fixed Income - Europe

German yields bounce to three-week high as ECB sits tight LONDON: German bond yields bounced to a three-week high on Thursday after the European Central Bank said it would wait until September to assess the need for any further easing in the wake of Brexit.ECB chief Mario Draghi said immediate stresses caused to markets from Britain's shock vote to leave the EU last month was contained but that the Bank remained ready to take more actions to lift inflation and growth if needed.Ten-year yields peaked ...

Markets - Fixed Income - Europe

Four euro zone states to auction bonds next week LONDON: Belgium, Germany, France and Spain are the euro zone countries scheduled to sell bonds next week. Belgium will sell bonds maturing in 2026, 2031, 2038 and 2047 on Monday. Germany on Wednesday is scheduled to sell 5 billion euros of five-year bonds. On Thursday, France will auction up to 8.5 billion euros of medium-term bonds and inflation-linked bonds. Also on Thursday, Spain is set to issue bonds due in 2019, 2021 and 2046. Copyright ...