Swap Rates

A review of the things you need to know before you get home on Monday; no more changes in retail prices, no more new houses built, positive farmer confidence, absence of workers from Tauraga port for vaccines, exchange company, NZD company, etc.

Here are the key things you need to know before you leave work today. MORTGAGE RATE CHANGESThe TSB changed some mortgage rates, the 1-year up +5 bps and the three-year down -9 bps. CHANGES IN TERM DEPT RATESThe Bank of China has raised all of its TD rates. STRONG TRENDMore …

Read More »

LIBOR transition: ARRC formally recommends SOFR term | Dentons

In our item From June 17, 2021, we discussed the market indicators published by the Alternative Reference Rate Committee (ARRC) for the recommended use of a robust and stable SOFR term reference replacement rate (Term SOFR) and the selection of the CME group as recommended by the ARRC SOFR director …

Read More »

Indian stocks close lower as Reliance lags

A woman walks past the Bombay Stock Exchange (BSE) building in Mumbai, India on January 31, 2020. REUTERS / Francis Mascarenhas / File Photo BENGALURU, Aug.6 (Reuters) – Indian stocks closed lower on Friday, ending a four-day winning streak plagued by heavyweight Reliance Industries after India’s highest court ruled in …

Read More »

Narrow Sri Lankan Rupee dollar swap discounts, positive short durations

ECONOMYNEXT – Sri Lanka’s one-year swap haircuts narrowed further this week, with a 12-month swap haircut falling to -300 / -500 as parallel markets widened, market participants said. There have been a few isolated deals in the cash market to help smaller banks, brokers said. Exporters are paid as much …

Read More »

TREASURY-US Treasury yields rally ahead of next week’s Fed meeting

(Adds comment, fresh prices) By Herbert Lash NEW YORK, July 23 (Reuters) - Treasury yields rose on Friday ahead of the Federal Reserve's policy-setting meeting next week, which will provide clues on the strength of the U.S. recovery and when the central bank might start to curb its economic support. …

Read More »

COLUMN-Far from conical, ECB could raise another $ 1 trillion in QE: Mike Dolan

(The views expressed here are those of the author, columnist for Reuters.) LONDON, July 21 (Reuters) – If you’re waiting for the imminent end of central bank “quantitative easing” of bond purchases, make sure you’re comfortable. The European Central Bank may well throw another $ 1 trillion log on the …

Read More »

UPDATE 1-Eurozone real yield drops to all-time high amid Delta fears

(Add details, a comment, a graphic) By Yoruk Bahceli July 19 (Reuters) – “Real” euro area yields, representing the cost of borrowing after the effects of inflation were removed, fell to a new high on Monday as a resurgence of COVID-19 infections threatened economic recovery. The inflation-adjusted return for the …

Read More »

Rival PDP-Laban factions swap beards for party statutes

Factions within the ruling PDP-Laban continued to bicker on Sunday after a group led by Energy Secretary Alfonso Cusi voted to oust Senator Manny Pacquiao as party chairman over the weekend. end, a decision that Budget Secretary Wendel Avisado declared to be correct. The faction of Pacquiao and Senator Aquilino …

Read More »

Let us leave aside the vaccine nationalism and the pinch of the currency. Mission 70% is priority n ° 1

Recent events that have taken center stage include the cabinet reshuffle and elitist English mockery of the new health minister. However, we must bring attention back to the most important problem: increasing the pace of vaccinations against Covid-19. Lives, the economy and the return to normalcy are all on the …

Read More »

Crypto ‘Yield Farmers’ pursues high profits, but risks losing everything

One of the hottest trends in cryptocurrency is financial activity dating back to the biblical era. That is, lending money to earn interest. In addition to waiting for Bitcoin, Ethereum, or other digital coins to rise in value, crypto investors are now lending their cryptocurrencies or pursuing other strategies to …

Read More »