By Reuters Staff
(Recasts, adds debt chief comments)
ROME, March 4 (Reuters) - Italy plans to top up its first green BTP bond after it drew robust interest from investors, the Treasury’s debt chief Davide Iacovoni told Reuters on Thursday.
The Treasury raised 8.5 billion euros ($10.2 billion) from the bond on Wednesday after receiving orders in excess of 80 billion euros on the back of the growing appeal of environmentally-friendly assets.
Foreign investors bought 73.7% of the bond, with more than 53% snapped up by funds. “The bond has entered the portfolios of fund managers who are already specialised in sustainable investments,” Iacovoni said.
Democrats in the U.S. Senate said Friday they had resolved their differences over unemployment aid in President Joe Biden's $1.9 trillion COVID-19 aid bill, enabling them to move forward with the sweeping package after hours of delay.
By Reuters Staff
1 Min Read
BEIJING, March 5 (Reuters) - China’s exports are expected to have risen more than 50% in the first two months of this year, the head of its state planner He Lifeng said on Friday.
Reporting by Lusha Shang, Colin Qian and Ryan Woo Editing by Shri Navaratnam
Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially stoked inflation concerns.
By Reuters Staff
3 Min Read
LONDON (Reuters) - Britain’s central bank should “lean strongly against” downside risks to recovery from the COVID pandemic and be ready to loosen policy further if needed, Bank of England policymaker Jonathan Haskel said on Friday.
FILE PHOTO: Professor Jonathan Haskel, who has just been appointed to the Monetary Policy Committee of the Bank of England, is seen in this undated portrait released by HM Treasury in London, Britain, May 31, 2018. Jason Alden/UK Treasury/Handout via REUTERS
Commercial banks should follow BoE advice to make sure they are ready to implement negative interest rates, although the central bank does not yet know if they will be needed later this year, Haskel added.