China's 12 Trillion Yuan Debt Swap To Ease Local Debt, Pressure Bank Margins
China's 12 trillion yuan debt swap program is set to pressure banks' net interest margins while helping lenders conserve ...
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BRAZIL: Swap Rates Rise Further As Lula Still To Commit To Spending Cut Plan
The Brazilian real and DI swap rates have remained under pressure today, as the market continues to wait for details on the government’s spending cut plans. USDBRL remains 0.6% higher on the day, ...
Fed Cuts Rates by a Quarter Point; China Unveils $837 Billion Debt Swap to Rescue Local Governments
After a five-day meeting, the Standing Committee of the National People's Congress on Friday approved the issuance of 6 trillion Chinese yuan worth of local government special-purpose bonds, ...
Rates: On Bunds Swap Spreads
By Benjamin Schroeder After a brief break around the US elections, the cheapening in Bunds has resumed, and if not is even ...