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UK PM urges parents to send children to school

Bloomberg UK Prime Minister Boris Johnson urged parents to send their children back to school when they reopen in England next week, amid growing concern among some teachers and union officials that it’s not safe to do so. “Now is the time to get pupils back into school, give them the chances they need to build the necessary bedrock for ...

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RBI sends signal to traders that bond yields may head higher

Bloomberg Traders of India’s bonds were unnerved after the central bank cued that rising yields are here to stay by offering surprisingly high borrowing costs at a debt sale. The Reserve Bank of India (RBI) sold a 30-year bond at a cutoff yield of 6.75%, versus the 6.65% estimated in a Bloomberg survey. The central bank, which acts on behalf ...

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MUFG plans to offer Covid-19 bonds to individual investors

Bloomberg Japan’s biggest lender is planning to raise funds from individual investors to help smaller companies and hospitals tackle the coronavirus (Covid-19) pandemic. Mitsubishi UFJ Financial Group Inc. intends to issue sustainability bonds totalling as much as 150 billion yen ($1.42 billion) in September, after receiving requests from retail investors, according to Isamu Murofushi, a spokesman. The pandemic is boosting ...

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