Interest rate
Central banks should not rule out negative rates: IMF
Central banks around the world should not discard negative interest rates policies (NIRP) but instead keep them in their toolkit, even if using such policies is unlikely, the IMF suggested on March 3.
"NIRP was and remains politically controversial, partly because it is often misunderstood," the global financial body stressed in a new report.
Turkish Central Bank keeps interest rates unchanged
The Turkish Central Bank on Feb. 18 kept the policy rate stable in line with market expectations.
The bank's policy rate - also known as the one-week repo rate - stands at 17 percent, the bank said in a statement, noting that additional monetary tightening would be delivered if needed.
Central Bank chief aims for lasting price stability
Turkish Central Bank Gov. Naci Ağbal said the economy has lost some pace recently but signs that Turks are shifting toward lira assets suggests a reversal in dollarization may come.
"We are working day and night to achieve lasting price stability," Ağbal told Reuters in an interview.
"We know we are in a difficult period."
Bank of Canada Expecting Economy to Rebound In Second Half of 2021
The Bank of Canada has decided to maintain its key benchmark interest rate unchanged at 0.25% despite a bleak economic outlook for the next couple of months because it is confident things will get better later in the year.
You Can Get 20-Year 0 Percent Mortgages in Denmark
Denmark has longest history of a country with negative central bank rates is offering homeowners 20-year loans at a fixed interest rate of zero.
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Three-month T-bill issue posts record low interest rate
The Public Debt Management Agency (PDMA) announced on Tuesday it had auctioned 13-week treasury bills at a record-low interest rate.
PDMA raised 812.5 million euros, against an original plan for €625 million, as the issue was almost twice oversubscribed (the coverage ratio reached 1.95) and the interest rate secured came to minus 0.32%.
Record lows for Greek bond yields and 3-month T-bill rate
Greece's benchmark 10-year bond yield tumbled to a new historic low of 0.606 percentage points on Thursday, down 2.5% from Wednesday's close of 0.621 percentage points, as the prospect of the approval of a new European Union budget loomed large.
Survey forecasts no change in interest rates
Turkey's Central Bank is expected to keep interest rates unchanged next week, according to an Anadolu Agency survey on Aug. 14.
The eighth monetary policy committee (MPC) meeting of this year will be held on Thursday (Aug. 20) to announce the bank's decision on interest rates.
A majority of 22 economists surveyed by Anadolu Agency forecast no change in interest rates.
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Turkish Treasury borrows $471 mln through auction
The Turkish Treasury borrowed 3.2 billion Turkish liras ($471 million) from domestic markets on June 8, said an official statement.
The Treasury and Finance Ministry announced the fixed coupon bonds (semiannually, reopen) were sold in an auction.
The government bonds will be settled on June 10 and mature on May 5, 2022.
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Central bank reduces key interest rate to 1.75% per annum
The Board of Directors of the National Bank of Romania (BNR) decided, in Friday's meeting, to reduce the monetary policy interest rate to 1.75% per year, from 2% per year, starting with June 2, informs the central bank.