Japan reduces short-term securities interest rate

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Source: Reuters
On Tuesday, July 17, the Bank of Japan reduced 0.1% interest rate for ten-year government bonds that have less than a year until maturity. This rather technical action is intended to stimulate easier purchasing at market operations. Japan decided not to stimulate the economy as its peers do, but rather rely on robust national demand.
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Tue, 17 Jul 2012 10:43:12 GMT

Spain's borrowing costs migh fall on Tuesday, July 17

Last week Mariano Rajoy, Spain's Prime Minister, introduced new austerity measures to deal with country's budget deficit. Analysts predict that in consequence of this Spanish borrowing costs might decline on Tuesday, July 17. On Monday, July 16, one-year bill decreased from 5.074% to 3.5%, though 18-month bill's interest rate fell from 5.107% to 4%. Moreover ,experts fear that tightening fiscal policy could bring Spain into

Tue, 17 Jul 2012 10:03:12 GMT

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