Top Bonds Summaries
BEIJING, Xinhua via COMTEX
China Interbank Bond Market Daily Review: T-bond prices hikes on lower floor yie
China’s T-bond prices headed up Monday on the news that the floor issuing yield of debentures has been lowered, which could help weaken expectation for further tightening in monetary policy. The National Association of Financial Market Institutional. Investors (NAFMII), an industry guild on China’s interbank market, announced to adjust down the lower limit of the issuing yield for super AAA debenture bonds, the third cut in 2010.
DJ ECB: Settled Covered Bond Purchases Reach EUR 48.546 Bln
FRANKFURT, Dow Jones Commodities News via Comtex
The European Central Bank and the euro zone’s 16 national central banks increased their purchases of covered bonds Friday, bringing the total volume settled to date to EUR48.546 billion, ECB data showed Monday. The data imply that the ECB settled some EUR301 million in purchases Friday. Covered bonds are generally issued by banks to refinance loans on commercial or residential mortgages, or loans to the public sector.