In "Unprecedented" Move To Ease Conditions, ECB Cuts Collateral Haircuts By 20%, Will Accept Greek Debt As Collateral

The move by banks to force Cineworld's top shareholder to refinance a loan without equity collateral is yet another sign of mounting stress in Europe's junk debt market as the coronavirus roils markets and businesses around the world......»»

Treasury Debt - Pristine Collateral Or A Red Flag Via Charts and Parts Substack, Intro Spoiler alert: we have another red flag in the treasury market.   The latest talk is to eli.....»»

The European Central Bank on Wednesday said it would allow some debt to continue to be used as collateral by banks in the event of downgrades to below investment-grade status. The ECB said assets, with the exception of asset-backed securities, that.....»»

ECB Confirms Acceptance Of Junk Debt As Collateral Ahead Of Imminent Italy Downgrade Update (1450ET): Just as we suspected and detailed bel.....»»

The central bank is talking about accepting non-investment grade debt as collateral. Why not follow the Fed and buy higher-quality junk bonds too?.....»»

In an unprecedented move, the IRS is allowing its employees to accept tax documents via email, along with images of signatures, to avoid human contact during the coronavirus pandemic. This has raised concern about personal security......»»

In an unprecedented move, the IRS is allowing its employees to accept tax documents via email, along with images of signatures, to avoid human contact during the coronavirus pandemic. This has raised concern about personal security......»»

"Helicopter Money": This Is The Game-Changer Geo-Politically Authored by Charles Hugh Smith via OfTwoMinds blog, The collateral supporting the global mountain of debt is crumbling as speculative bubbles deflate. A great many freebies are.....»»

SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies. Ciara Lee reports.....»»

SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies......»»

Fed Launches Primary Dealer Credit Facility Which Will Accept Stocks As Collateral Earlier today, when discus.....»»

Boston Federal Reserve Bank President Eric Rosengren on Monday signaled no willingness to support further interest rate cuts, saying that U.S. economic conditions are still good and that easing policy could encourage a worrying debt build-up......»»

OPEC has shifted the goalposts for assessing an overhang in oil inventories, giving the group more room to prolong production cuts, while analysts warn the move will offer a distorted view of market conditions......»»

Cryptocurrency loans firm Nexo says it will accept the gram ICO token from messaging app giant Telegram as collateral......»»

Back on January 2, we showed what was arguably the strangest move that took place on the last trading day of 2018, when the overnight general collateral repo rate shot up from 2.5% to as high as 6.125% on Monday, Dec. 31,  the biggest one d.....»»

The move represents a continued pattern of declines that comes as the two sides have been unable to hammer out a long-term trade agreement......»»

The move represents a continued pattern of declines that comes as the two sides have been unable to hammer out a long-term trade agreement......»»

Back on January 1, we showed what was arguably the strangest move that took place on the last trading day of 2018, when the overnight general collateral repo rate shot up from 2.5% to as high as 6.125%, the biggest one day move on record, bringing over.....»»

Banks have started stringent third-party inspection, audit and evaluation of collateral jewellery stocks after PNB fraud case.....»»

VIENNA (Reuters) - OPEC will seek agreement on Friday to raise oil production despite opposition from Iran, which has threatened to block the move as it faces export-crippling U.S. sanctions......»»