India's short bills clear higher across all three tenors
The RBI's 23 September Treasury bill auction cleared at 5.3900%, 5.8196% and 6.0895%, with all three notified amounts fully accepted — every cut-off above the equivalent a week earlier.
Serguey Asael Shinder
Contributing writer
Software engineer, BSc First Class Honours in Computing and Information Systems. Reads central bank statements, minutes and statistical releases, and writes down what each one changes and what it leaves unchanged.
Signed pieces
Fed clears BancFirst to take over SpiritBank in an all-Oklahoma deal
The Board approved BancFirst Corporation's acquisition of Spirit BankCorp and the merger of SpiritBank into BancFirst, with the branch network carried over.
ECB paper builds an inflation-risk gauge out of newspaper sentences
Working Paper 3288 counts whether press coverage blames inflation on demand or on supply, and relates that tally to inflation risk premia in the euro area and the United States.
Two kinds of price rise, and only one of them is in the forecast
Lane describes an energy shock that a futures curve will eventually unwind. Bruegel describes €2,100 added to a car by rules that will not unwind at all. Central bank projections handle the first and not the second.
RBI publishes its supervisory data quality index for commercial banks
The June 2026 sDQI scores scheduled commercial banks on accuracy, timeliness, completeness and consistency of the returns and microdata they submit for supervision.
The BoJ's real trade series now follows the customs data by one day
From the April 2026 data onward the Bank of Japan releases Developments in Real Exports and Real Imports at 4pm, one business day after the Ministry of Finance's provisional trade statistics.
ECB paper links fragmented capital buffers to weaker corporate lending
Working Paper 3287 builds a bank-level fragmentation index and finds a one standard deviation rise is associated with 36bp more capital headroom and 50bp slower lending growth.
Lane: a second energy wave keeps euro area inflation higher for longer
In an interview with Le Temps the ECB board member says the energy shock will last longer than assumed in March, with inflation falling back towards target from mid-2027.
The Bank of Japan guides the call rate to around 1.25 percent, 7–2
The 18 September decision moves the overnight call rate guideline and the deposit facility to 1.25 percent from 24 September, with the basic loan rate at 1.5 percent.
Swedish firms rate conditions above average for the first time since 2022
The Riksbank's August business survey finds the feared drag from the Middle East war did not arrive, with retail and hospitality the most optimistic.