Sentences with phrase «for euro bonds»

Not exact matches

But there's a pretty good argument that payments on Argentina's euro - denominated bonds never flow through the judge's jurisdiction: Argentina gives the money to a bank in Buenos Aires, which transfers it to a bank in Frankfurt, which holds it in the name of a bank in Brussels, which transfers it to a London nominee for Belgian and Luxembourg clearinghouses, which pays it to bondholders.
Bloomberg reported Thursday that after Draghi's bold words about protecting the euro last week, markets expect him to deliver some sort of drastic action to do so and to relieve pressure on bond yields, which have climbed steadily higher for Spain and Italy.
For example, it does not include euro bonds («reverse Yankees») that are hot in Europe, where junk bond yields are at a ludicrously low 2.35 % on average, and the high - grade yield is just above zero.
But long - term government bond yields fell to record lows for many euro area countries after a speech by ECB President Draghi on 21 November, which stressed that the ECB will do what is required to raise inflation and inflation expectation by adjusting the size, pace and composition of asset purchases, if the currently announced policies prove to be insufficient.
This initiated a further decline in 10 - year government bond yields, which fell to all - time lows for nine large euro area countries including France, Ireland and Spain by 26 November, the end of the period under review (Graph 5, right - hand panel).
The left - hand panel charts the gap between market - maker buying and selling prices for sovereign bonds denominated in US dollars and euros, respectively.
Only last week, the FDP thought it had Ms. Merkel's backing for its categorical rejection of euro bonds.
Pay 82 euros today for a bond that delivers 100 euros a decade from now, and you'll make 2 % annually on your money.
The bank, the monetary authority for the 19 countries that use the euro, has been purchasing bonds with newly created money since March 2015 in an effort to boost inflation from levels considered too low.
A reduction from $ 60 billion to $ 30 billion per month was scheduled for the start of 2018, but the dovish tone of ECB President Mario Draghi's accompanying comments — emphasizing that the QE program could be extended beyond September 2018, and giving no indication of an end date — came as something of a surprise to market participants, sparking a rally in eurozone bonds and a moderate selloff in the euro.
Also, the ECB announced that it would buy up to 40 billion euro of covered bonds, but that should not be a big deal for covered bonds are the best collateral so many banks will probably not be running for funding posting the highest rated debt.
Indeed, the supply of dollar bond issuance in this year's first quarter hit record levels, and those levels don't account for the increased use of «reverse Yankee issuance,» whereby U.S. corporations issue into European markets denominated in euros.
With the outlook for growth in the euro area remaining fairly subdued, German bond yields are now below those in the US after having been around 30 basis points higher for much of the past year.
In the days since UK Prime Minister David Cameron confirmed the date of the referendum, markets have experienced some volatility focused on UK - specific assets; spreads for some UK issuers of euro - denominated bonds have widened considerably for no apparent reason, which suggests to us that a lot of Europeans are selling their UK exposure.
That makes it hard for the ECB to hit its target of spending an average of 80 billion euros a month on assets — the majority of which are government bonds.
German 10 - year bond yields fell below zero on June 14 for the first time since the creation of the euro.
China stocks Societe Generale's outlook for the next 12 months says Chinese equities, euro - zone fixed income and emerging market bonds will deliver the highest returns.
The global auto industry breathed a sigh of relief in September when the president of the European Central Bank acknowledged the region's sovereign debt crisis was critical and the bank was prepared to start a bond - buying program that would provide a «fully effective backstop» for the struggling euro.
This is a very crowded trade: short the euro, long bonds, long puts, short US financials, 100 % out of the stock market for investors, and short for many hedge funds.
For example, if a U.S. investor owns bonds denominated in euros, and the euro decreases in value relative to the U.S. dollar, the investor's returns are reduced.
As of Dec. 15, 2017, there were just two central government bonds issued in the green market, and they both qualified for the S&P Green Bond Select Index — a local government bond (treasury) issued by France, which accounted for about 6.2 % of the investable index, and a sovereign bond issued by Poland in EuBond Select Index — a local government bond (treasury) issued by France, which accounted for about 6.2 % of the investable index, and a sovereign bond issued by Poland in Eubond (treasury) issued by France, which accounted for about 6.2 % of the investable index, and a sovereign bond issued by Poland in Eubond issued by Poland in Euros.
So rather than waiting 5 years, they can double their investment 18 months after they joined the program, put another half a million Euros in government bonds and then apply for citizenship.
There are bonds denominated in euros, but Europe's capital markets are less robust and the secondary market for mortgage - backed securities is less developed than the one in the United States.
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