Repurchase Agreements News
-
Turkey’s lira depreciated for the first time in a week as bonds and stocks slumped after riot police in Istanbul stepped up their crackdown on protesters and five labor unions declared a general strike today.
-
Agricultural Development Bank of China Co. scaled back the size of two bond offerings tomorrow by 31 percent as the worst cash crunch in at least seven years curbs demand for the securities.
-
New collateral rules for hedge funds, insurers and others in the $633 trillion over-the-counter derivatives market are poised to boost demand for U.S. Treasuries, potentially slowing rising yields as the Federal Reserve considers scaling back unprecedented stimulus.
-
Russia’s central bank left its main interest rates unchanged at Sergey Ignatiev’s final meeting as chairman, signaling that his successor Elvira Nabiullina may have grounds to cut once inflation begins to slow.
-
China’s overnight money-market rate climbed to a 16-month high on speculation cash supply will tighten as banks hoard funds to meet customer withdrawals before a three-day holiday next week.
-
The U.S. Securities and Exchange Commission will vote today on a proposal that would impose a floating-share value on the riskiest type of money-market mutual funds or allow them to suspend redemptions when the fund is under stress.
-
Wells Fargo & Co., the bank building a securities business to challenge Wall Street, promoted Dan Thomas to help clients clear trades and manage collateral and hired Deutsche Bank AG’s Eamon McCooey to run hedge-fund services.
-
China’s benchmark money-market rate fell after touching a 15-month high as maturing repurchase contracts and government bills added funds to the banking system.
-
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the Federal Reserve’s zero-bound interest rate policy and quantitative easing programs are becoming more of a problem for an economy that needs structural reforms.
-
OAO Rosneft is returning to ruble bonds as Russia’s largest oil company opts for local funding amid rising yields on international markets.
|
|
Repurchase Agreements Photos
Most Popular on Bloomberg
|
|
Repurchase Agreements Videos
|
|
Rate this Page