European Central Bank (ECB)
BarCap index captures systematic alpha from monetary policy
A new index that extracts value from the US dollar and euro yield curves by capturing the momentum in cross-market rate spreads has been launched by Barclays Capital.
ECB overnight lending rockets to 19-month high
Banks’ borrowing from the European Central Bank’s marginal lending facility climbs to $21 billion on Wednesday; sudden move has sparked speculation on bank troubles, analysts say
CDS spreads rise in Egypt and Saudi Arabia
Middle East tensions continue while risk perceptions in the eurozone increase slightly
ECB opinion on derivatives reform spurs debate on CCP liquidity resilience
French authorities welcome ECB's call for the resilience of central bank money to be recognised in EU derivatives legislation.
ECB opines on Basel countercyclical buffer
Central bank cautions against mechanical application of credit-to-GDP ratio for calibration
Portugal succeeds at auction but fails to sway analysts
Portugal sells $1.6 billion worth of government debt at auction, but commentators remain wary of fundamentals
Political risk on the rise for bondholders
The political will
Some peripheral euro countries do not deserve 'developed' status – Bremmer
Q&A: Ian Bremmer, Eurasia Group
Senior financial debt holders on alert for forced haircuts
Haircut horrors
The debate over CCP central bank liquidity
The liquidity access debate
Dublin deflects ECB criticism of bank law
Ireland’s finance ministry says central bank independence not threatened by bank bill; statement comes in response to wide-ranging European Central Bank critique of draft law
EFSF's Frankel: guarantees are "enough for the time being"
European leaders endorse EFSF model, as facility gears up for debut issuance of up to €5 billion
Brussels forges ahead with Sepa end-date proposal, despite differences
European Commission proposes deadlines for national credit and debit transfers to migrate to Sepa system; move could divide stakeholders
France public debt levels start to make credit investors twitchy
Is France losing its pluck?
Sovereign CDS spreads continue to fall after volatile week
Tightening of peripheral CDS continues for third day after Trichet announcement
Peripheral CDSs fall on ECB liquidity promise
The cost of insuring against a default of peripheral European states continued to fall today, after peaking at record highs on Tuesday.
Markets relax on peripheral debt ahead of crucial ECB meeting
Peripheral CDS tighten as Trichet raises hopes of more bond purchases
CCP turf war simmers as OTC regulations head to the European Parliament
CCP turf war simmers as OTC regs head to European Parliament
ECB could offer governance concession on T2S
European Central Bank could modify governance arrangements of its settlement platform in a bid to entice sterling to join
Irish woes may spread to other PIIGS
European Union action on Ireland’s bank debts points to fears over contagion spreading across peripheral Europe.
Central banker Honohan expects IMF loan for Ireland
Trinity College's Lucey adds, "Thank God we have an honest central bank governor. He's the first official to call it as he sees it."
Make the right decision: Spain’s Ordóñez to Dublin
Governor of the Bank of Spain suggests Irish officials ask for help as fears grow that Dublin’s resistance to a bailout will trigger contagion
A liquid market – banks tap insurers' liquidity reserves
A liquid market