Analysis: Interest Rates

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. ...

Investors in Russian bonds relaxed about extended Putin rule

By Andrey Ostroukh and Karin Strohecker The prospect of President Vladimir Putin staying in the Kremlin until 2036 does not seem to be deterring buyers of Russia's high-yielding...

BoE Governor warns lenders of challenges of negative interest rates - Sunday Times

Bank of England Governor Andrew Bailey has written a letter to lenders warning them of the challenges of negative interest rates, the Sunday Times newspaper reported. The letter said...

Nigeria weakens naira at retail FX auction in a move to align rates

By Chijioke Ohuocha Nigeria's central bank asked lenders to bid for forex at an auction 5% above its official rate of 360, traders said, in a move to weaken the naira as the regulator...

Olympic Casino's asset grab unnerves European junk bond investors

By Yoruk Bahceli A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics used by private equity firms in the United States to shift assets...

Japan will cut bond issuance for FY2019 budget by $4.7 bln -sources

Japan will issue 500 billion yen less in bonds than it had planned for last fiscal year and instead tap reserves to fill tax revenue shortfalls caused by the coronavirus, several government sources...

China central bank to cut re-discount, relending rates from July 1 - sources

China's central bank will cut the re-discount and re-lending rates by 25 basis points as of July 1, two sources with direct knowledge told Reuters on Tuesday, in a move that will reduce funding costs...

UK bumps up mammoth bond sales drive to 275 billion pounds

Britain plans to sell a record 275 billion pounds of government debt between April and August to pay for its huge spending response to the coronavirus pandemic, more than double its borrowing in the...