Analysis: Interest Rates

Citigroup issues largest-ever private sector social bond

Citigroup Inc said on Thursday it had issued the largest-ever private-sector social bond for affordable housing, part of a more than $1 billion initiative announced earlier this year to combat racial...

ECB eyes more bond buys, cheap loans in December as pandemic hits

The European Central Bank committed on Thursday to take new action in December to contain the growing fallout from a second wave of coronavirus infections, likely in the form of more bond purchases or...

Bank of Canada sees rates unchanged until 2023, shifts bond buying to longer maturities

The Bank of Canada said on Wednesday it expects interest rates to remain at current record lows into 2023, as it shifted its asset purchase program to focus on long-terms bonds and warned of a long...

Barclays raises 400 milliom sterling through green bond issuance

Barclays Bank has raised 400 million pounds through a green bond issuance, which will be used to finance or re-finance mortgages on energy efficent residential properties, the bank said on Wednesday....

U.S. new home sales drop; record low mortgage rates underpinning demand

Sales of new U.S. single-family homes unexpectedly fell in September after four straight monthly increases, but the housing market remains supported by record low mortgage rates and demand for more...

Markets mixed with all eyes on U.S. stimulus talks

Global stocks sought direction on Wednesday, while gold hit a one-week high and the dollar fell to a six-week low as investors waited to see whether an agreement could be reached on a fresh U.S....

BoE's Ramsden sees no case for negative rates now

Cutting interest rates below zero risks damaging British banks' capacity to lend, and is not currently the right tool for the Bank of England to stimulate the economy, Deputy Governor Dave Ramsden...

Where's the floor? Investors left guessing as U.S., Europe money market rates sink

A widely-used benchmark for U.S. short-term interest rates has dropped to record lows, joining its European peers, in the latest sign that massive central bank stimulus has suppressed borrowing costs....

European Union's SURE bonds rally sharply after record-breaking sale

The bond issues on Tuesday that kicked off the European Union's funding of its coronavirus support programmes rallied sharply in the secondary market on Wednesday....

EU makes bond market history with record $275 bln demand for SURE issue - bankers

The European Union attracted the highest demand ever for a bond sale on Tuesday at over 233 billion euros , bankers involved in the deal said, as it kicked off fund raising for its SURE unemployment...

BoE's Vlieghe eyes more stimulus, open to negative rates

Bank of England policymaker Gertjan Vlieghe said on Tuesday the central bank could need to add more stimulus as risks to the economy had grown in response to rising COVID cases, and voiced some...

ECB would have 1 trillion euros of bonds to buy after axing polluters, study finds

The European Central Bank would still have 1 trillion euros worth of corporate bonds to choose from if it excluded polluters from its purchases as part of President Christine Lagarde's green push,...

Foreign inflows into Asian bonds more than doubles in September

Foreign investors poured over $1 billion into Asian government and corporate bonds in September, more than doubling their investment in local currency debt from the previous month, attracted by higher...

ECB's Knot: interest rates likely to stay low for years

Interest rates in the euro zone are very likely to remain at their current historically low levels in the coming years, European Central Bank governing council member Klaas Knot said on Sunday....

BofA says better equipped to handle recession as loan loss provisions shrink

Bank of America Corp executives on Wednesday joined the chorus of U.S. bank officials predicting an economic recovery would improve business in the quarters ahead, after lower interest rates fueled a...

ECB to review make up of bond buys in green push, Lagarde says

The European Central Bank will review a key rule forcing it to buy corporate bonds in proportion of their outstanding amounts in light of the market's failure to reflect risks related to climate...

Indonesia central bank holds rates, favours QE to support coronavirus-hit economy

Indonesia's central bank kept interest rates steady on Tuesday for a third straight meeting, saying the rupiah was undervalued, and reiterated it would focus on quantitative easing to further support...

China to raise $6 billion via bond issue; U.S. investors welcome for first time - sources

China is set to raise around $6 billion through an international sovereign bond sale this week in which it will allow U.S.-based institutional investors to participate for the first time, four people...

Bank of England has 'absolutely open mind' on negative rates - Haskel

Bank of England policymaker Jonathan Haskel said on Monday that the central bank had an absolutely open mind about the possibility of cutting interest rates below zero as part of its support for...