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The article cites statistics released by the central bank the Federal Reserve Bank of New York to state that large U.S. banks reported holding negative $1.4 billion of investment-grade corporate bonds maturing in at least 13 months for the first time in history for the week ending October 28, 2015. The article discusses the potential impact of the figures on the U.S. central bank the Federal Reserve (Fed) and its deliberations on raising the interest rate.

The article reports that financial services and banking industry executives are in discussions on the creation of an electronic securities market for the trading of corporate bonds. The discussions are attributed to concerns within those industries that U.S. regulations on securities trading will make bond trading more costly. INSET: Tale of the Tape.

The article reports on the move of several banks in the U.S. to resecuritize big portions of triple-A rated commercial-mortgage-backed securities. It states that the move led to the strengthening of triple-A tranche and a more speculative triple-A security with less call on cash flows. According to the article, Triple-A rated structured securities carry much lower risk weightings than similarly-rated corporate bonds which implies that banks have to hold less capital against them.

This article reports on the issuance of bonds by several banks and other companies in the U.S. on May 19, 2009. State Street Corp. sold five-year, senior holding company notes with Goldman Sachs Group and Morgan Stanley as bookrunners. Barclays Bank issued 10-year bonds. It provides an overview of the bond offerings of Capital One Financial Corp. and Verizon Communications.

The article reports on the sale of a cumulative $17.25 billion of U.S. government-guaranteed bank bonds by Goldman Sachs Group Inc., Morgan Stanley and J.P. Morgan Chase & Co. as part of the Temporary Liquidity Guarantee Program of the Federal Deposit Insurance Corp. (FDIC). The program offers financial aid to banks that were supposedly closed due to refinancing debt. The new bonds feature reduced credit risk with additional yield. It says the fixed-rate notes offered by Morgan Stanley also traded well in the secondary market.

The article reports on the financial burden suffered by closed-end fund firms prior to pressures from regulators in the U.S. in 2008. Closed-end fund firms previously helped investors bail out of auction-rate securities (ARS) through redemptions with pricey lines of credit and syndicated bank loans. Regulators are demanding closed-end fund firms to pay investors cash equivalent with higher yields posing cost worries. Wall Street banks decided to buy back ARS which offers relief to closed-end fund firms to surpass the crisis.

The article reports on the surge in buying of government bonds in the U.S. on June 26, 2008 as investors avoid riskier debt amid concerns about the automobile industry and problems facing banks. Chrysler LLC has denied speculation about a potential Chapter 11 filing. The shares and bonds of General Motors Corp. and Ford Motor Co. have declined. The yield of Treasury bonds fell 0.16 percentage point to 2.67 percent.