Analysis: Interest Rates

A trading tool that's transforming the $10 trillion-plus corporate bond market

Expectations of a borrowing deluge from corporates globally are turning bond market attention to a little-known tool that's already helping smooth trading of illiquid debt the way exchange-traded...

Kenya to sell 11-year infrastructure bond in August - central bank

Kenya will sell an 11-year, amortised infrastructure bond to raise 70 billion shillings next month, the central bank said on Tuesday....

South Africa cuts rates further as COVID-19 strangles economy

South Africa's central bank cut its main lending rate by a further 25 basis points on Thursday, to a new record low of 3.50%, as the COVID-19 pandemic strangles the economy and keeps a lid on...

Inflation-protected U.S. bonds have rallied but not everyone buys the story

A recent rush into inflation-protected U.S. Treasury bonds has sent yields to near historic lows, but not all investors are buying into the story of higher inflation ahead.

Game changer? How the recovery fund will shake up EU bond markets

The European Union is about to vault into the ranks of the world's biggest supranational issuers after it gave the green light to a recovery fund financed via joint debt, a move that carries the...

UBS to pay over $10 million to resolve SEC charges on municipal bond offerings

A unit of UBS has agreed to pay more than $10 million to resolve charges it circumvented the priority given to retail investors in certain municipal bond offerings, the U.S. Securities and Exchange...

ECB's Schnabel says not to read too much into summer lull in bond buying

Investors should not read too much into lower bond purchase volumes from the European Central Bank in recent weeks as purchases could still increase later on, ECB board member Isabel Schnabel was...

C$ little changed vs U.S. dollar; bond yields higher

The Canadian dollar was little changed against a broadly weaker U.S. dollar in thin trading on Friday, with prices alternating between gains and losses, as traders struggled to find near-term...

Bank of Canada moves to cap long-term rates as Ottawa pumps up borrowing

The Bank of Canada is moving to help keep down long-term bond yields as Ottawa cranks up issuance to pay for COVID-19-related spending, analysts say, with the central bank raising the amount of...

In South Korea, no more Gangnam style for some as top officials sell apartments amid property price furore

By Cynthia Kim and Joori Roh As Seoul property prices soar, there's a new apartment on sale this month: for the best part of an estimated $1 million , you could buy a piece of future...

Bond investors wait for more headlines on EU recovery fund

By Yoruk Bahceli Euro zone bond yields held their ground on Thursday with investors' main focus expected to be any new developments on the European Union's recovery fund, which aims to...

Sri Lanka central bank cuts key rates by 100 basis points

The Central Bank of Sri Lanka on Thursday cut its benchmark lending and deposit rates by 100 basis points each, as it sought to counter the hit to economy from the COVID-19 pandemic. The...

Canada eyes longer-term debt as servicing costs fall on lower rates

By Steve Scherer Canada is eyeing issuing longer-term debt to take advantage of low interest rates, and expects servicing costs to be lower this fiscal year than was forecast last year...

U.S. office, apartment vacancy rates rise marginally in second quarter: Reis

U.S. office and apartment vacancy rates rose marginally in the second quarter from a year earlier, as property owners were yet to feel the full impact of the COVID-19 pandemic, according to real...

Longer, greener, broader: strategies for a world awash in new bonds

By Dhara Ranasinghe Century bonds and green bonds, the first 20-year U.S. Treasury issue in decades, securities for mom-and-pop investors and with growth-linked payouts -- a borrowing...

Indonesia government, central bank agree on nearly $40 billion bond buying scheme, finance minister says

Indonesia unveiled a nearly $40 billion financing scheme for its fiscal deficit on Monday, with the central bank set to buy some 397.6 trillion rupiah directly without receiving interests, to help...

Malaysia's central bank cuts rates to support recovery, spur inflation

Malaysia's central bank cut its key interest rate for the fourth straight meeting to a record low as policymakers sought to support a budding recovery in Southeast Asia's third largest economy, which...

Indonesia unveils $40 billion bond scheme to fund recovery from pandemic

By Tabita Diela and Fransiska Nangoy Indonesia unveiled a nearly $40 billion financing scheme for its fiscal deficit on Monday, with the central bank set to buy some 397.6 trillion...

South African central bank reduces bond purchases to 5 bln rand in June

The South African central bank reduced its government bond purchases to 5 billion rand in June, half the monthly average, bringing its bond holdings to 35.9 billion rand, data showed on Tuesday. ...