Interest Rate

This tag is associated with 3 posts

India RBI Cuts Repo Rate By 25 bps: Agree Economy Needs Policy Support

Posted by ETFalpha ⋅ June 2, 2015 ⋅ Leave a comment

“The Reserve Bank of India (RBI) cut interest rates for a third time this year on Tuesday, taking advantage of subdued inflation to give more support to an economy that many economists doubt is doing as well as latest impressive growth numbers suggest,” The Times of India reports. The RBI lowered the repo rate to … Continue reading →

Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy?

Posted by ETFalpha ⋅ May 26, 2015 ⋅ 1 Comment

All over the planet, large banks are massively overexposed to derivatives contracts. By Michael Snyder Interest rate derivatives account for the biggest chunk of these derivatives contracts. According to the Bank for International Settlements, the notional value of all interest rate derivatives contracts outstanding around the globe is a staggering 505 trillion dollars. Considering the … Continue reading →

China’s New Monetary Policy Instrument

Posted by ETFalpha ⋅ November 7, 2014 ⋅ Leave a comment

China has an official new monetary policy instrument: medium-term lending facility (MLF), where it injected about RMB800 bln at a 3.5% rate. This came out in the 3Q monetary policy report. The PBoC also added some new language to the report saying it will provide a “neutral and adequate” policy environment. This probably means that … Continue reading →