Feature/Central banks
ESRB narrows its macro-prudential tools
The European Systemic Risk Board is about to announce a slimmed-down list of potential macro-prudential tools, but who has the power to use them is still the subject of debate. By Michael Watt
Assessing the arguments against shorting
Assessing the arguments against shorting
Investors debate the future of Australian debt markets
Debt prospecting down-under
US still shows no signs of addressing debt mountain
America’s balancing act
CBRC’s Andrew Sheng talks about new era for policymaking
Theory failure
Sovereign stress and its impact on bond portfolios
The sovereign earthquake
China fast-tracks Hong Kong as offshore renminbi centre
Lighting the way
Asia Risk 15: Jack Lin, Janus Capital
The development of mainland Chinese markets may mimic what has already occurred in Taiwan, according to Jack Lin, co-chief executive officer of Janus Capital International in Hong Kong, but the role of sovereign funds and the quantum of scale indicate…
Euro debt crisis prompts questions over collateral
European financial markets have been turned upside down by the sovereign debt crisis, with eurozone government bonds no longer regarded as completely risk-free. As a result, dealers are more wary of the correlation inherent in collateral denominated in…
Asia Risk 15: Philip Combes, New Zealand Treasury
The New Zealand Debt Management Office (NZDMO) has managed both assets and liabilities on behalf of the New Zealand government. Here, deputy secretary to the New Zealand Treasury and head of the NZDMO, Philip Combes, explains how a prudent approach to…
ECB pins hope on new rescue measures to save Eurozone
The commencement of the ECB’s government bond purchase programme and the announcement of an EU loan facility for struggling peripheral countries resulted in an immediate tightening of spreads. Yet uncertainty remains as to whether beneficiaries will be…
The future of systemic risk supervision
Editor's blog
Regulators and banks reach buyback agreement on Minibonds
The Hong Kong Monetary Authority (HKMA) and Securities and Futures Commission (SFC) have finally reached an agreement with 16 banks that distributed Minibonds, including ABN Amro and the Bank of China, to repurchase the Lehman Brothers-backed products…
The usual upsets
Regulation
The art of debt
Governments across the globe face huge increases in borrowing requirements, sparking concern over possible rating downgrades, while many have seen their credit default swap spreads widen dramatically. Despite this, sovereign debt management offices claim…
Steering solvency
Regulator Q&A
Product performance
Data
Product performance
Data