Bloomberg A new type of bank bond is coming to China, albeit slowly. Chinese regulators in March released preliminary guidelines encouraging mainland banks to consider selling securities that can take in large losses in the event of a crisis. Bond watchers have taken that as a sign that total-loss absorbing capacity (TLAC) issuance may make its debut in China, following ...

Bloomberg Poland’s monetary tightening, already postponed for a second year, is no longer inevitable. Instead of a widely anticipated pickup in inflation, two months of below-forecast readings are a vindication of the central bank’s reluctance to tinker with borrowing costs in what’s already its longest-ever period of stable interest rates. The 10-member Monetary Policy Council will keep its benchmark at ...

LONDON / Reuters Major global central banks are ramping up purchases of euro zone government bonds, banking sources say, enticed by rising yields, a buoyant single currency and an uncertain outlook for US debt and the dollar. Data shows central banks bought significant chunks of debt issued by Belgium, France and state-backed German development bank KfW in bond syndications last ...