(2016). The government bond buying programmes of the European Central Bank: An analysis of their policy settings. Journal of European Public Policy, 23(6), 851-870.Lombardi, Domenico; Moschella, Manuela (2015): The government bond buying pro- grammes of the European Central Bank. An analysis...
Japan Corporate Program Japan Defense Agency Japan Development Bank Japan Export Information Center Japan External Trade Organization Japan Federation of Economic Organizations Japan Inc. Japan International Cooperation Agency Japan Local Government Bond Association ...
Ten-year government bond yields declined across the board in July, with those for Italy and Greece once again seeing the biggest moves.
If the QE program were to be carried out on a massive scale, the seniority clause is bound to impart a downward pressure on bond (market) prices and that could be reinforced by the scanty level of liquidity of some Euro-area bond markets. Thus, a large QE program under the creditor ...
respectively. Political uncertainty around Brexit showed no signs of abating as the March 29 deadline approaches. At its December meeting, the European Central Bank left rates unchanged and announced the end of its bond buying program, even as it trimmed forecasts for growth and inflation in 2019...
Then Trump won. He’d campaigned on a big deficit-funded stimulus program that includes a military buildup and –by golly, much needed– infrastructure work, funded, so to speak, by corporate and individual tax cuts…. The US bond markets reacted with a vengeance. They figured that these...
For those who want to finance genuine tax reform, there are genuine loopholes that could be eliminated or curtailed, most notably the fringe benefits exclusion and the muni-bond exemption. P.S. The fringe benefits exclusion is such bad policy (contributing to third-party payer) that I even wr...
(as opposed to a project for the good of the public). these bonds are exempt from federal taxes under the regular income tax system, but subject to tax under the alternative minimum tax system . if you invest in municipal bonds through a bond fund, income from private activity bonds, if...
The tradeoff of buying risk-free securities is that they tend to pay a lower rate of interest than corporate bonds. Investors in government securities will either hold them to maturity or sell them to other investors on the secondary bond market. ...
In 2021, the Bank of Japan reduced its bond-buying and began announcing purchases on a quarterly, rather than a monthly, schedule. Reportedly this happened because the policy of aggressively targeting 0% yields had led to stagnant trading in the bond market. By reducing intervention in the bond...