Information and knowledge firm Bloomberg suffered an outage to its terminal for monetary professionals on Wednesday, disrupting quite a few authorities bond gross sales and buyer exercise, in response to a number of European debt administration places of work and market sources.
Merchants and market sources reported that stay pricing and market knowledge was not functioning and screens have been clean.
“You may’t load something new, you possibly can’t replace spreadsheets, a number of the auctions have been delayed,” Peter Schaffrik, chief European macro strategist at RBC and a Bloomberg terminal person, mentioned.
By mid-morning in Europe, two market sources mentioned their terminals have been slowly regaining some performance.
Bloomberg didn’t instantly reply to a Reuters request for remark.
Bidding in an public sale of UK authorities was delayed, in response to the Debt Administration Workplace (DMO).
“As a result of ongoing market-wide Bloomberg system points, the bidding window for this morning’s public sale of the 4% 2031 is being prolonged,” the DMO mentioned.
A invoice public sale in Portugal was additionally delayed due to the outage, whereas Sweden delayed its scheduled bond public sale because of “technical points”.
“Bids within the auctions are (…) submitted electronically through the Bloomberg public sale system,” the Swedish debt workplace web site mentioned.
It was not instantly clear if Wednesday’s delay was right down to the outage.
The European Union additionally postponed its deadline for Wednesday’s sale of EU Bonds by one hour to 1300 CEST (1100 GMT).
One other Bloomberg person instructed Reuters that their Bloomberg terminal was not presently working, aside from the chat operate, whereas one other described the state of affairs as a “nightmare.”
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