Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Banks to Buy Government Bonds on Basel III, Morgan Stanley Says

Don't Miss Out —
Follow us on:

Sept. 17 (Bloomberg) -- Capital rules for banks agreed by central bankers and regulators under the Basel III accord will encourage lenders to buy government bonds to boost ownership of “high-quality liquid securities,” Morgan Stanley said.

“The combined effect of the various elements of Basel III is to continue to encourage banks to increase their holdings of government bonds,” Laurence Mutkin, head of European fixed-income strategy in London, wrote in a report today. A delay to the full implementation of requirements will be “offset by the fact that the pre-implementation observation period” begins “very soon,” he said.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.