Fixed income securities http://www.globalpost.com/taxonomy/term/23612/all en Looser bank buffer rules no panacea for Europe woes http://www.globalpost.com/dispatch/news/thomson-reuters/130107/looser-bank-buffer-rules-no-panacea-europe-woes <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Basel agreement seen giving banks more capacity to lend</p> <p>* But weak economy weighs on credit demand</p> <p>* Uncertain outlook also means banks nervous about lending</p> <p>* Rules changes may have bigger impact in U.S. than Europe</p> <p>By Paul Carrel and Marc Jones</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/looser-bank-buffer-rules-no-panacea-europe-woes" target="_blank">read more</a></p> Asset-backed security Bank Business Central banks Economics Entertainment European Central Bank Finance Financial economics Fixed income securities Labor Late-2000s financial crisis Law Person Career Quotation Securitization Structured finance United States housing bubble Thomson Reuters Mon, 07 Jan 2013 17:21:45 +0000 Thomson Reuters 5731375 at http://www.globalpost.com Lacker: Fed should get out of MBS, avoid overstimulating housing http://www.globalpost.com/dispatch/news/thomson-reuters/130508/lacker-fed-should-get-out-mbs-avoid-overstimulating-housing <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>RICHMOND, Virginia (Reuters) - A recovery in the housing market means the Federal Reserve should think about how to reduce its holdings of mortgage-backed securities over time in order to avoid creating another bubble in real estate, a top central banker said on Friday.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130508/lacker-fed-should-get-out-mbs-avoid-overstimulating-housing" target="_blank">read more</a></p> Business Fixed income securities Mortgage-backed security United States housing bubble Thomson Reuters Wed, 08 May 2013 21:25:31 +0000 Thomson Reuters 5833791 at http://www.globalpost.com Shuanghui's $4 billion loan raises $5 billion so far http://www.globalpost.com/dispatch/news/thomson-reuters/130712/shuanghuis-4-billion-loan-raises-5-billion-so-far <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jacqueline Poh and Sandra Tsui</p> <p>LONDON (Reuters) - The $4 billion loan backing Chinese pork producer Shuanghui International's $4.7 billion bid for U.S. meat processor Smithfield Foods &lt;SFD.N&gt; has raised $5 billion from banks so far and could rise to $9 billion, banking sources said on Friday.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130712/shuanghuis-4-billion-loan-raises-5-billion-so-far" target="_blank">read more</a></p> Business Fixed income securities Structured finance Technology Tranche Thomson Reuters Fri, 12 Jul 2013 16:32:51 +0000 Thomson Reuters 5882494 at http://www.globalpost.com ABS issuance up 35.5 pct in H1 http://www.globalpost.com/dispatch/news/yonhap-news-agency/130718/abs-issuance-355-pct-h1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, July 18 (Yonhap) -- The issuance of asset-backed securities (ABSs) in South Korea soared 35.5 percent in the first half of this year, as the state-run mortgage agency jacked up its sale of the financial instrument, the financial regulator said Thursday.</p> <p>Mortgage agencies and local financial and non-financial companies floated a total of 26.8 trillion won (US$23.9 billion) worth of ABSs in the January-June period, compared with 19.8 trillion won a year earlier, according to the Financial Supervisory Service (FSS).</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2013. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130718/abs-issuance-355-pct-h1" target="_blank">read more</a></p> Finance Fixed income securities Structured finance Yonhap News Agency Thu, 18 Jul 2013 05:03:24 +0000 Yonhap News Agency 5886865 at http://www.globalpost.com Italy unlocks first tranche of private-sector debt repayments http://www.globalpost.com/dispatch/news/afp/130722/italy-unlocks-first-tranche-private-sector-debt-repayments <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Italy has unlocked 15.7 billion euros ($20.1 billion) in state debt arrears to private companies as part of the first of two 20-billion-euro tranches, the finance ministry said Monday.</p> <p>Unblocking the funds was a key demand of the employers' federation Confindustria to help the many companies struggling through Italy's longest recession in 20 years.</p> <p>Italy in March announced it would pay back the first tranche in the second half of 2013 and the other in 2014.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130722/italy-unlocks-first-tranche-private-sector-debt-repayments" target="_blank">read more</a></p> Business Economy of Italy Fixed income securities Labor Law Structured finance AFP Mon, 22 Jul 2013 19:33:26 +0000 Agence France-Presse 5890532 at http://www.globalpost.com Tighter rules, cooling market drives down CMHC insurance activity http://www.globalpost.com/dispatch/news/the-canadian-press/130829/mortgage-insurance-volumes-edge-q2-well-down-year-date-cmhc <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>OTTAWA - Stricter lending rules continues to slow underwriting activity at the CMHC and taxpayers' exposure to a housing crash, the federal agency's second-quarter report shows.</p> <p>Canada Mortgage and Housing Corp. said Thursday the number of insured mortgages rose slightly in the second quarter compared to the same period last year — largely due to temporary factors — but added that overall, activity has slowed sharply from last year.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/130829/mortgage-insurance-volumes-edge-q2-well-down-year-date-cmhc" target="_blank">read more</a></p> Fixed income securities Mortgage-backed security United States housing bubble The Canadian Press Thu, 29 Aug 2013 15:01:05 +0000 The Canadian Press 5920679 at http://www.globalpost.com Dutch state profits from ING deal on risky US mortgages http://www.globalpost.com/dispatch/news/afp/131101/dutch-state-profits-ing-deal-risky-us-mortgages <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The Dutch state said Friday it will end an arrangement to help the country's largest bank ING with risky US-based mortgage securities and earn a profit of around 400 million euros ($540 mn). </p> <p>The Dutch state launched the programme in 2009 to prop up the then-floundering bank by taking over four-fifths of its portfolio of Alt-A mortgage securities in the United States.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/131101/dutch-state-profits-ing-deal-risky-us-mortgages" target="_blank">read more</a></p> Fixed income securities ING USA Mortgage-backed security United States housing bubble AFP Fri, 01 Nov 2013 12:30:45 +0000 Agence France-Presse 5977369 at http://www.globalpost.com Albanian gov't debt to businesses totals 246 mln U.S. dollars http://www.globalpost.com/dispatch/news/xinhua-news-agency/131204/albanian-govt-debt-businesses-totals-246-mln-us-dollars <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Xinhua News Agency </div> </div> </div> <!--paging_filter--><p>TIRANA, Dec. 4 (Xinhua) -- The Albanian government debt to businesses for unpaid public works until August 31 is estimated at 24.6 billion leks(246 million U.S. dollars), Finance Minister Shkelqim Cani said at a news conference on Wednesday.</p> <p>"My aim, not the government's pledge, is to clear the debt in a single tranche, not in several tranches, aiming at stimulating the economy," Cani said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Xinhua News Agency.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/xinhua-news-agency/131204/albanian-govt-debt-businesses-totals-246-mln-us-dollars" target="_blank">read more</a></p> Finance Fixed income securities Structured finance Xinhua News Agency Wed, 04 Dec 2013 21:20:06 +0000 Xinhua News Agency 6009274 at http://www.globalpost.com S. Korea's ABS issuance hits record high in 2013 http://www.globalpost.com/dispatch/news/yonhap-news-agency/140122/s-koreas-abs-issuance-hits-record-high-2013 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, Jan. 22 (Yonhap) -- The issuance of asset-backed securities (ABS) in South Korea hit a record high in 2013 in a bid to secure more funds amid a rise in corporate bond yields, the financial watchdog said Wednesday.</p> <p>ABS issuance rose to an all-time high of 51.3 trillion won (US$48 billion) last year, up 7.8 percent from the previous year, according to the Financial Supervisory Service (FSS).</p> <p>Asset-backed securities are derived from underlying assets such as car loans, home equity loans, credit card receivables and student loans.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2014. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/140122/s-koreas-abs-issuance-hits-record-high-2013" target="_blank">read more</a></p> Fixed income securities Structured finance United States housing bubble Yonhap News Agency Wed, 22 Jan 2014 07:50:46 +0000 Yonhap News Agency 6049639 at http://www.globalpost.com U.S. dealers see more private-label mortgage security demand: Fed survey http://www.globalpost.com/dispatch/news/thomson-reuters/140403/us-dealers-see-more-private-label-mortgage-security-demand-fed- <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON (Reuters) - Big Wall Street firms have seen demand for private-label mortgage-backed securities pick up over the last few months, according to a survey released by the Federal Reserve on Thursday.</p> <p>The data suggests private capital could be flowing more freely into the U.S. housing market, which has been largely propped up with capital from government-run companies since the 2007-09 recession.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140403/us-dealers-see-more-private-label-mortgage-security-demand-fed-" target="_blank">read more</a></p> Fixed income securities Mortgage industry of the United States Mortgage-backed security Thomson Reuters Thu, 03 Apr 2014 18:35:00 +0000 Thomson Reuters 6112694 at http://www.globalpost.com ABS issuance sinks 39.2 pct in Q1 http://www.globalpost.com/dispatch/news/yonhap-news-agency/140424/abs-issuance-sinks-392-pct-q1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, April 24 (Yonhap) -- The issuance of asset-backed securities (ABS) in South Korea sank 39.2 percent in the first quarter of this year from a year earlier as the state-run mortgage loan agency saw a drop in its financial instrument sale, the financial watchdog said Thursday.</p> <p>A combined 8.1 trillion won (US$7.8 billion) worth of ABSs were issued in the January-March period, compared with 13.4 trillion won a year earlier, according to the Financial Supervisory Service (FSS).</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2014. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/140424/abs-issuance-sinks-392-pct-q1" target="_blank">read more</a></p> Finance Fixed income securities Structured finance Yonhap News Agency Thu, 24 Apr 2014 05:17:10 +0000 Yonhap News Agency 6129220 at http://www.globalpost.com U.S. Justice Department seeks over $13 billion from BofA: Bloomberg http://www.globalpost.com/dispatch/news/thomson-reuters/140425/us-justice-department-seeks-over-13-billion-bofa-bloomberg <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Aruna Viswanatha, Karen Freifeld and Peter Rudegeair</p> <p>(Reuters) - The U.S. Department of Justice is asking Bank of America Corp &lt;BAC.N&gt; to pay more than $13 billion to settle allegations the bank overstated the quality of mortgage bonds it sold during the housing bubble, according to Bloomberg News.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140425/us-justice-department-seeks-over-13-billion-bofa-bloomberg" target="_blank">read more</a></p> Fixed income securities Mortgage-backed security Primary dealers Thomson Reuters Fri, 25 Apr 2014 05:40:13 +0000 Thomson Reuters 6130241 at http://www.globalpost.com India's Assam state gets 300 mln USD loan from ADB http://www.globalpost.com/dispatch/news/xinhua-news-agency/140703/indias-assam-state-gets-300-mln-usd-loan-adb <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Xinhua News Agency </div> </div> </div> <!--paging_filter--><p>India's Assam state gets 300 mln USD loan from ADB</p> <p>MANILA, July 3 (Xinhua) -- The Asian Development Bank (ADB) said Thursday that it has approved a loan of 300 million U.S. dollars to help India's northeastern Assam state implement reforms in its power sector.</p> <p>The Manila-based lender said in a statement that the multi- tranche loan will fund generation and distribution upgrades, including the construction of a 120-megawatt hydropower plant.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2014 Xinhua News Agency.</a></p> <p>Xinhua is China's state-run news agency.</p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/xinhua-news-agency/140703/indias-assam-state-gets-300-mln-usd-loan-adb" target="_blank">read more</a></p> Assam Finance Fixed income securities States and territories of India Technology USD Xinhua News Agency Thu, 03 Jul 2014 10:08:15 +0000 Xinhua News Agency 6194845 at http://www.globalpost.com ABS issuance tumbles 35.2 pct in H1 http://www.globalpost.com/dispatch/news/yonhap-news-agency/140722/abs-issuance-tumbles-352-pct-h1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, July 22 (Yonhap) -- The issuance of asset-backed securities (ABS) in South Korea tumbled 35.2 percent in the first half of this year from a year earlier due to a drop in sales of mortgage funds, the financial watchdog said Tuesday.</p> <p>A combined 17.4 trillion won (US$17 billion) worth of ABS were issued in the first six months of the year, compared with 26.8 trillion won previous year, according to the Financial Supervisory Service (FSS).</p> <p>ABS are derived from underlying assets such as car loans, home equity loans, credit card receivables and student loans.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2014. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/140722/abs-issuance-tumbles-352-pct-h1" target="_blank">read more</a></p> Finance Fixed income securities Structured finance Yonhap News Agency Tue, 22 Jul 2014 04:16:16 +0000 Yonhap News Agency 6211363 at http://www.globalpost.com