Bonds
Reserve Benchmarks 2021 – presentation
Central Banking’s reserve subject matter specialist Victor Mendez-Barreira speaks with Chris Jeffery about liquidity, reserves coverage, external partners, human and tech resources, and ESG implementation
BIS calls for systemic approach to non-banks
“It is essential to reduce the need for emergency central bank support,” says report
China sets up $31 billion financing facility for ‘clean coal’
Move comes after PBoC excluded coal projects from eligibility for 'green bonds' finance
Riksbank opens review of board members’ stock holdings
Investigation will assess whether officials violated “rules of conduct”
Asean publishes first green taxonomy for financial instruments
“Multi-tier” taxonomy aims to create realistic goals for both rich and middle-income nations
GDP-linked bonds unlikely to ‘tame debt’ – BdF paper
Linking sovereign bonds to GDP would not necessarily improve debt ratios, researchers find
BoE to start greening its corporate bond holdings
Central bank will use new climate-focused methodology to rebalance portfolio later this month
Nordic central banks stress limits to tackling climate change
Central banks face challenges in greening reserves management and monetary policy
RBNZ climate stress test planned for 2023
Central bank faces challenges in adapting NGFS scenarios to New Zealand and greening its own operations
Fed ethics officials warned against trades
March 2020 advice cautioned against stock transactions in following months
BIS launches third green bond fund in Asia
Asian Development Bank and BIS aim to foster issuance of safe green assets
Group tests bond settlement on French CBDC platform
Euroclear says CBDC-driven system can plug into existing market infrastructure
Most central banks invest in derivatives
External managers facilitate wider use of these instruments
Fed asks watchdog to review controversial trading
Move follows resignation of Boston and Dallas heads, as Warren asks for SEC probe
BoE report sheds light on Covid market operations
Surge in scale and frequency of operations amid switch to work from home created “issues”
FOMC doubles ceiling for reverse repo bids
Participating institutions can now borrow up to $160 billion per bid
BoE cuts UK growth forecast
Inflation likely to stay above 4% for first half of 2022 amid supply constraints and energy squeeze – MPC
Agustín Carstens on BIS strategic priorities, innovation and central bank policy
The BIS general manager speaks about policy trade-offs at critical time, tackling NBFIs and the dearth of ‘green’ assets, tech collaboration, and why he favours Biden’s $3.5trn infrastructure bill
BIS paper explores Fed’s ‘whatever it takes’ moment
Covid facility had most of its impact without the Fed actually buying any bonds, authors find
Podcast: Diversifying portfolios post-Covid
BNP’s Johanna Lasker talks about why central banks should consider equities and Tips
PBoC widens offshore bond trading for Chinese investors
Large banks will be able to deal in foreign bonds via Hong Kong under new scheme
Bank of Finland targets 2050 carbon neutrality for investments
Greening FX reserves will only be possible if countries meet their Paris climate goal, central bank says
Fed saved US from even larger pandemic downturn – ECB paper
Unemployment would have risen by 20% more without Fed’s bond buying, researchers find
Canadian governor outlines next phase of policy
Governor says Bank of Canada will keep asset holdings unchanged in “reinvestment phase”