02132016Sat
Last update: Sat, 13 Feb 2016 01am

Europe

Markets - Fixed Income - Europe

Russia FinMin to offer 14.2bn roubles of OFZ bonds on Weds MOSCOW: Russia's Finance Ministry said on Tuesday it would offer 14.2 billion roubles ($213.2 million) worth of OFZ treasury bonds at two auctions on Wednesday. The ministry said it would offer 7.2 billion roubles of fixed-coupon OFZs maturing in February 2027 and 7 billion roubles of floating-coupon OFZs maturing in January 2020. Copyright Reuters, 2015 ...

Markets - Fixed Income - Europe

Italy head of debt says bail-in rules may encourage buys of govt bonds ROME: So called 'bail-in' rules that impose losses on bank shareholders and bondholders if a lender needs to be rescued may promote purchases of Italian government bonds, the head of public debt said, as they make debt issues by banks more risky. Maria Cannata, head of debt at Italy's Treasury, said the new rules, which enter into force from January, could encourage investors to buy "slightly longer dated" government bonds. Copyright Reuters, 2015 ...

Markets - Fixed Income - Europe

Russia has smooth foreign debt repayment schedule until 2019 MOSCOW: Russia has passed the peak of its foreign debt repayments and has a smooth foreign debt repayment schedule until 2019, Sergei Moiseev, the head of the Russian central bank's financial stability department, said on Monday. Copyright Reuters, 2015 ...

Markets - Fixed Income - Europe

Prospect of dual ECB deposit charges sends short-term rates to new lows LONDON: Short-term euro zone interest rates fell to record lows on Thursday as markets interpreted a European Central Bank debate about two-tier deposit rates as signalling an aggressive cut was on the cards.Overnight bank-to-bank Eonia lending rates dated for the ECB's Dec. 3 meeting fell below minus 0.28 percent, reflecting expectations the bank could cut the deposit rate to as low as minus 0.35 percent, from the current minus 0.20 percent.But the Eonia pricing could ...

Markets - Fixed Income - Europe

Swiss 10-year government bond yields touch record low ZURICH: Swiss 10-year government bond yields touched a record low of -0.375 percent on Wednesday as expectations grew that central banks will ease monetary policy further. Traders said the European Central Bank was widely tipped to act at a meeting next week. Swiss National Bank Chairman Thomas Jordan also told a newspaper that the SNB had no limit on increasing its balance sheet as it tries to weaken the franc. Copyright Reuters, 2015 ...

Markets - Fixed Income - Europe

German short-term yields hit record low as ECB mulls deposit rate tweaks LONDON: German two- and five-year government bond yields hit new lows on Wednesday after a report that European Central Bank officials are considering options to stagger charges on banks hoarding cash or to buy more debt ahead of next week's ECB meeting. The central bank is widely expected to cut its deposit rate on Dec. 3 and possibly expand its asset-purchase programme to lift inflation and growth in the euro area. ECB officials are considering ...

Markets - Fixed Income - Europe

German yields fall as ECB discusses deposit rate tweaks LONDON: German 10-year Bund yields fell back below 0.50 percent on Wednesday after a report that ECB officials are considering options to stagger charges on banks hoarding cash or to buy more debt ahead of the next week's ECB meeting.The European Central Bank is widely expected to cut its deposit rate on Dec. 3 and possibly expand its asset-purchase programme.Central bank officials are considering options such as introducing a two-tier penalty charge on banks that ...