Glitch in Bloomberg terminal disrupts bond trading in Europe



05/22/2025 5:43 AM


On May 21, a malfunction in the Bloomberg terminal interrupted bond trading throughout Europe, as reported by the agency itself, along with Reuters and The Wall Street Journal, referencing Bloomberg officials and traders.



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Bloomberg announced that its systems were returning to normal following the short disruption and that terminal operations had been reinstated. The support service explained that the issue was a worldwide problem with the terminal, impacting certain customers, according to WSJ. 

Traders and sources in the debt market informed Reuters that current quotes and market information were not accessible. "You are unable to download anything new, update tables, and some auctions have been delayed," stated Peter Schaffrik, the chief macro strategist for Europe at RBC. 

In the UK, the Debt Management Office (DMO) prolonged the bidding period for a government bond auction set to mature in 2031 by one and a half hours. Ultimately, the auction took place, and the total value of bonds sold reached $5.7bn, according to WSJ. 

Portugal delayed its bond auction until midday. Sweden delayed a scheduled bond auction because of 'technical issues.' According to the website of the Swedish Public Debt Management Agency, bids are submitted exclusively via the Bloomberg system.

source: wsj.com, reuters.com


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