The Local Germany

Investors snap up safe-haven German bonds on Trump win

Wed, 09 Nov 2016 10:36:34 +0100

Returns on German government bonds, seen as a safe haven during market turbulence, fell sharply Wednesday on Donald Trump winning the US presidency as investors rushed to purchase the assets.

Germany sells first ever bonds with negative interest rates

Wed, 13 Jul 2016 14:28:07 +0200

Germany issued a 10-year bond at a negative interest for the first time on Wednesday, selling more than €4.0 billion with a yield of minus 0.05 percent, the German central bank or Bundesbank said.

German stock market sees biggest drop since 2008 crash

Fri, 24 Jun 2016 10:39:55 +0200

News that British voters had opted to leave the EU led to panic in Germany's largest stock index.

German court to probe ECB bond-buying

Sun, 14 Feb 2016 10:04:53 +0100

Germany's constitutional court will from Tuesday examine whether the ECB overstepped its mandate through a scheme to potentially buy unlimited amounts of government debt.

EU court throws out German QE challenge

Tue, 16 Jun 2015 12:53:25 +0200

The EU's top court on Tuesday threw out German objections to the European Central Bank's 2012 controversial programme of buying up government bonds, saying it was compatible with EU law.

ECB plans no substitute for reform: Merkel

Tue, 20 Jan 2015 09:41:27 +0100

Southern European governments shouldn't think that a European Central Bank (ECB) plan to buy up government debt lets them off the hook for critical reforms, Chancellor Angela Merkel said on Monday.

Greece spooks investors back to German bonds

Tue, 06 Jan 2015 12:40:00 +0100

French and German borrowing rates reached new all-time lows on Tuesday amid fears over the prospect of Greece leaving the eurozone.

Stingy banks prod firms to tap bond market

Mon, 20 Feb 2012 17:25:00 +0100

German companies are increasingly turning to the bond markets for their financing as banks restrict lending, a new study by Moody's Investors Service found on Monday.

Bundesbank: first 2011 bond issue successful

Wed, 05 Jan 2011 17:23:00 +0100

Germany successfully placed its first bond issue of 2011, the Bundesbank said on Wednesday, reaffirming its safe haven status after several operations fell short late last year.

Investors eschew bonds amid eurozone crisis

Wed, 01 Dec 2010 15:21:00 +0100

A German five-year bond issue on Wednesday was undersubscribed, figures released by the Bundesbank showed, a sign that even Germany's benchmark debt has not been spared by the latest eurozone crisis.

Germany can be sued over Hitler-era bonds, US court says

Thu, 12 Aug 2010 10:06:00 +0200

A US court of appeals Wednesday said Germany can be sued by Florida investors seeking reimbursement for post World War I reconstruction bonds that Adolf Hitler stopped paying in the 1930s, a lawyer for the plaintiffs said.

German banks to avoid Greek state bonds

Fri, 26 Feb 2010 09:21:00 +0100

In further signs of the finance world’s shattered confidence in Greece, major German banks plan to stop buying government-backed investments in the ailing country, business daily Financial Times Deutschland reported Friday.

German bonds garner top rating as Greece wavers

Wed, 09 Dec 2009 16:39:00 +0100

The international ratings agency Standard & Poor's stood by its top rating of Germany's sovereign debt on Wednesday, in sharp contrast to a warning issued two days earlier to Greece.