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Showing 1 - 10 of 13 results for "Outright Monetary Transactions"

A sign from the holy spirit?

BENJAMIN ONG  |  FRIDAY, 11 JUL 2014
... in the form of three letters - OMT -- the one Super Mario announced back in August 2012. OMT or Outright Monetary Transactions involved the ECB undertaking outright open-ended purchases of government bonds of stressed members in the secondary markets. ...

Reflation, rotation and the taper

BENJAMIN ONG  |  FRIDAY, 13 DEC 2013
... final quarter of 2012 - the European Central Bank unveiled an open-ended bond buying programme - "Outright Monetary Transactions" (OMTs); the US Federal Reserve announced unlimited purchases of MBS and Treasuries at a monthly rate of US$85 billion a ...

OMTs - one year on

BENJAMIN ONG  |  TUESDAY, 10 SEP 2013
... day when European Central Bank President Mario Draghi announced the technical framework of his Outright Monetary Transactions (OMTs) programme on 6 September last year. The programme is aimed at removing the tail risk around the European sovereign debt ...

Out of sight, out of mind

BENJAMIN ONG  |  FRIDAY, 31 MAY 2013
... the euro not so long ago. Sure, we can put this down to last September's launched of the ECB's Outright Monetary Transactions (OMTs) - which reduced tail risks in the market -- and the bank's reduction in interest rates early this month. But it could ...

Breaking the bad in the eurozone

BENJAMIN ONG  |  TUESDAY, 21 MAY 2013
... last month that took interest rates to an all-time low of 0.50%. It could be due to Super Mario's Outright Monetary Transactions (OMTs) programme that's designed to eliminate the tail risk from the market. It could be both. Yes they are working! Just ...

Ripples from a pebble

BENJAMIN ONG  |  MONDAY, 18 MAR 2013
... Greece; and, a,-41 billion for Spain. Looks like we finally get to test the European Central Bank's Outright Monetary Transactions (OMTs) launched last September and...let's all hope it works. Or is it better punting on the Shanghai migrant worker re-assembling ...

Refresher pause?

BENJAMIN ONG  |  WEDNESDAY, 13 MAR 2013
... elections - inconclusive and the rise of the anti-austerity parties. But we now have the ECB's Outright Monetary Transactions (OMTs) and the Super Mario's "whatever it takes" pledge - reasons why Italian government bonds didn't spike as much this time ...

Corporate spending the catalyst for global markets

MARK SMITH  |  MONDAY, 12 NOV 2012
... argues that even fresh tranches of stimulus via the US's quantitative easing policy, the ECB's Outright Monetary Transactions will do little to lift markets unless there are signs of recovery in the corporate sector. "We would argue that investors have ...

Spanish fly

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2012
... along. We played the game last month. Those we bet on to do did. The European Central Bank announced Outright Monetary Transactions. Germany's court found that the EFSF/ESM is in accord with the country's constitution. The US Federal Reserve set QE3 ...

Two down, one to go

BENJAMIN ONG  |  THURSDAY, 13 SEP 2012
Two down. European Central Bank bond purchases -- Outright Monetary Transactions (OMTs) - open-ended at that: Check. German Constitutional Court's verdict on the European Stability Mechanism (ESM) bailout fund: Check. Ja! Jawohl! "'The review has concluded ...
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