Financial markets

European bond buyers find negative doesn't necessarily mean bad

By Lukanyo Mnyanda

Giving away your money doesn?t mean losing it these days.

Investors who held shorter-dated European debt have managed to eke out a positive return in 2015, according to Bank of America Merrill Lynch indexes. That was even as price increases pushed yields in Germany and Austria below zero.

Ministry uses nearly 2 bln euros of state entities' cash

By Prokopis Hatzinikolaou & Evgenia Tzortzi

The Finance Ministry has already used 1.9 billion euros from the cash reserves of general government entities at the Bank of Greece or in state securities to ease the government?s liquidity problems and pay salaries, pensions and the state?s obligations to the country?s creditors.

Pension funds' deposits in Bank of Greece could offer higher yield, Govt says

In response to a question tabled in Parliament by Golden Dawn MP Georgios Galeos over the management of Greece’s state-run pension funds, Alternate Finance Minister Dimitris Mardas said funds would be able to manage better their cash reserves by depositing them in the Bank of Greece.

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