RPT-Bunds rise after ECB's Draghi says discussed depo rate cut
(Repeats to additional subscribers)
LONDON Dec 6 (Reuters) - German Bund futures rose on Thursday after European Central Bank President Mario Draghi said policymakers discussed a potential cut into negative territory in the bank's overnight deposit rate.
Draghi did not elaborate further on the matter but the comments also pushed the euro to a session low of 80.95 pence against the British pound from 81.10 pence.
The Bund future rose as much as 39 ticks on the day to a session high of 145.49, driving 10-year German yields to 1.31 percent, their lowest since Aug. 31.
Overnight Eonia forward rates fell across the 2013 strip, with the July Eonia rate turning negative. Euribor futures <0#FEI:> rose slightly. (Reporting by the London Markets team; Editing by Marius Zaharia)
- Tweet this
- Share this
- Digg this
- Islamic State fighters kill 220 Iraqis from tribe that opposed them
- UPDATE 7-Apple's Cook: "I'm proud to be gay"
- UPDATE 1-Islamic State fighters kill 220 Iraqis from tribe that opposed them
- Bike-riding US nurse defies Ebola quarantine, on collision course with governor
- Apple's Cook: "I'm proud to be gay"
India's universal health plan that aims to offer guaranteed benefits to a sixth of the world's population will cost an estimated 1.6 trillion rupees ($26 billion) over the next four years, a senior health ministry official said. Full Article