Category: Treasurys
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Fed’s QT pause, Treasury’s debt plans may offer fleeting relief to US bonds
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By boldness of the beard NEW YORK (Reuters) – A possible slowdown in the public budget withdrawal of the public budget of the public budget and the Scott Bessens Ministry of Treasury against the long -term debt in the short term in the short term to the bond market tensions…
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Treasury’s Cash Pile Is a ‘Wild Card’ With New Administration
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(Bloomberg) — A change in leadership at the U.S. Treasury Department is likely to transform how the administration handles cash in the parks at the Federal Reserve, with strategists warning of the implications for the nation’s debt market. Most of them read from Bloomberg Bank of America Corp. And Wrightson…
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Treasury’s bank referral scheme falls flat, securing loans for only 1 in 20 small businesses
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The Treasury’s bank referral scheme, which aims to increase access to finance for small businesses, has come under intense scrutiny after a recent audit revealed it secured loans for just one in twenty referred businesses. Under the scheme, nine major banks are required to refer small businesses that refuse loans…
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Why banks must seek Treasury’s nod before raising interest rates
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The Supreme Court has ruled that banks and financial institutions must seek the approval of the National Treasury before increasing interest rates on loans and facilities provided to customers. A five-judge bench of the Supreme Court headed by Chief Justice Martha Kom also held that Sections 44 and 52 of…
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JSS interns, suppliers and MPs major losers in Treasury’s spending cuts
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The government has postponed plans to convert the employment terms of 46,000 junior high school (JSS) trainees to permanent, pensionable terms, as the Treasury rationalized the budget after a parliamentary committee dropped some controversial clauses in the finance bill. Part of the standby plan If the National Assembly does not…