Analysis: Interest Rates

Tunisia tourism could lose $1.4 bln, govt seeks loan guarantee to issue bonds

Tunisia's vital tourism sector could lose $1.4 billion and 400,000 jobs this year due to the new coronavirus pandemic, an official document showed, as the country seeks a loan guarantee from bilateral...

Airbnb secures new $1 billion loan on top of $1 billion bond deal

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, the company said...

Malaysia's Petronas raises $6 billion in first bond offering in five years

Malaysia's Petronas said on Wednesday it raised $6 billion in a multi-tranche senior bond offering, the state oil company's first such sale in five years.

South Africa rules out IMF programme as central bank cuts rates

South Africa's Finance Minister Tito Mboweni ruled out an International Monetary Fund structural adjustment programme on Tuesday but said the COVID-19 pandemic would cause a deep recession and stretch...

EU could finance 1.5 trillion euro recovery fund with bonds - Dombrovskis

The European Union could finance a recovery fund worth up to 1.5 trillion euros with bonds guaranteed by member states, European Commission Vice President Valdis Dombrovskis told German newspaper...

Chinese food deliverer Meituan: Most of our commission rates are in 10%-20% range

Chinese food delivery company Meituan Dianping said on Monday that the commission rates on more than 80% of the food vendors on its platform are in the range of between 10% to 20%....

South Korea central bank holds rates but leaves door open for future cuts

South Korea's central bank held its policy interest rate at a record low on Thursday but signaled strong appetite for further cuts and unconventional policy to combat the economic hit from the...

All for one and one for all? Euro zone will for joint bonds tested

Step-by-step, the coronavirus crisis is forcing the euro zone into greater integration. But like the euro zone debt crisis before, it may not deliver what bond markets really crave.

S.Africa's rand rallies with riskier assets on signs of slower coronavirus infection rates

South Africa's rand firmed by more than 3% on Tuesday, in line with a broad rally in emerging market currencies and other riskier assets on hopes that steps to contain the coronavirus pandemic were...

Coronavirus muddies U.S. economic data as business closures push down response rates

A near total closure of U.S. businesses as authorities try to control the spread of the novel coronavirus could make U.S. economic data unreliable in the coming months and harder to get a clearer...

Coronavirus turmoil spurs UK bond fund outflows - Calastone

UK-based bond funds saw outflows of 3.7 billion pounds in March as the coronavirus pandemic spurred a rush to cash, data from the fund transaction network Calastone showed....

Bank of Nova Scotia : Canada's Big Six banks cut credit card interest rates to ease coronavirus impact

Canada's Big Six banks all said they will reduce interest rates on credit cards to provide relief to customers affected by COVID-19 pandemic.

Bank of England doubles size of corporate bond purchase program

The Bank of England said on Thursday it will double the size of its corporate bond purchase program to at least 20 billion pounds , part of a previously announced stimulus package to help the economy...

ECB's Villeroy says low inflation means it must keep rates low

Currently low inflation means that the European Central Bank can and should keep interest rates low, ECB policymaker Francois Villeroy de Galhau said on Wednesday.

Short-term funding crunch pushes European companies into bonds

A slew of European corporate bond issues over the past week have brought some cheer to shell-shocked markets, but a key reason for the rush may be more concerning: A scant commercial paper market.

Exclusive: Japan to boost govt bond issuance by $149 billion to fund stimulus - sources

Japan will boost government bond issuance by $149 billion from July to fund a massive stimulus package aimed at combating the hit to the economy from the coronavirus pandemic, two government sources...

Norway to boost government bond issues to pay for coronavirus lending

Norway's central bank has increased its planned issuance of government bonds this year to between 70 billion and 85 billion Norwegian crowns from an original plan of 55 billion crowns, it said on...

Italy PM calls for European recovery bonds - report

Italian Prime Minister Giuseppe Conte has urged the European Union to launch a recovery bond to help fund the response to the coronavirus outbreak, saying failure to tackle the emergency would be a...

Canada's top lenders cut prime rates after central bank's surprise move

Canada's top lenders lowered their prime rates by 50 basis points on Friday, hours after the central bank unexpectedly cut its key interest rate to help the county weather the economic fallout of the...