News Agence France Trésor announced the successful launch of the first French sovereign green bond
Today, Agence France Trésor announced the successful launch of the first French sovereign green bond with a maturity of 22 years. The Green OAT 1.75% 25 June 2039 issuance amount was €7bn, making it the largest and longest-dated green bond ever (...)
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Opinion A negative interest rate has one benefit: It forces Germans to reconsider their investment behavior
According to Stefan Kreuzkamp, Chief Investment Officer at Deutsche Asset, as we approached this negative interest rate scenario, there have been some winners and many losers. German savers are in the losing camp because their exposure to equities and real estate is below (...)
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Pedagogy Credit Default Swaps (CDS).
Politicians have, in general, a very rough knowledge on financial products, especially credit derivatives. In some cases, this may be a gap. Indeed, the icelandic prime minister is now aware of it...
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Opinion The great bond bull market is not over
Despite talk of a ‘great normalisation’ of monetary policy, persistent deflationary pressures mean global interest rates are set to stay lower for longer, according to Ariel Bezalel, manager of the Jupiter Dynamic Bond (...)
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Interview Kevin Loo : «The FF Global Strategic Bond Fund has received a growing interest from investors wanting to overcome the benchmark related risks.»
Flexible asset allocation process, strategic and tactical allocation...Kevin Loo, Global Fixed Income Product Manager at Fidelity tells us about the operation and objectives of the FF Global Strategic Bond Fund...
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Strategy Negative real rates likely to be a lasting feature in the Eurozone
According to René Defossez, Strategist at Natixis, it seems reasonable to assume that, to begin with, the European Central Bank will endeavour to keep the 10-year nominal swap as low as possible, which means that the breakeven swap will remain deep in negative territory. (...)
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Opinion ‘Brexit’: Positioning for uncertainty
“A UK exit from the European Union would in all likelihood damage the UK’s world standing, throw into question the European project and have the potential to generate a global shock that would spark significant volatility across risk assets,” says Ariel Bezalel, manager of the (...)
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Pedagogy Inflation linked bonds’ mechanism
Inflation linked bonds are bonds whose principal is linked to inflation which allows their holders to protected against inflation as opposed to traditional bonds.
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Opinion Mind the “Trump gap”
Ariel Bezalel, Head of Strategy, Fixed Income, explains his caution on the Trump administration’s ability to deliver fiscal reforms, and why he has increased the duration in his funds for the first time since cutting it last (...)
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Innovation The ECB announces 3 years refinancing measures !
The ECB has adopted a historic longer term refinancing measure to support bank lending and money market activity. It also decided to lower the threshold rating for certain securities as collateral ...
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