sovereign risk

Moody’s affirms Philippines’ Baa2 rating, maintains stable outlook – Moody’s – 27/06/2017

Moody's Investors Service ("Moody's") has today affirmed the Government of the Philippines' Baa2 long-term issuer and senior unsecured debt ratings and maintained the outlook at stable.

Source:  Moody's, 2017/06/27

By |June 29th, 2017|Categories: News|Tags: , , |

Zambia’s external debt rises to $7.2 billion – finmin – Reuters – 27/06/2017

Zambia's external debt stood at $7.2 billion at the end of May, up from $6.86 billion at the end of last year, Finance Minister Felix Mutati said on Tuesday.

Source:  Reuters, 2017/06/27

By |June 29th, 2017|Categories: News|Tags: , , |

IMF fear forces Zambia to disclose true debt: external $ 17 b, local K38 b – Zambian Watchdog – 21/06/2017

Finance Minister Felix Mutati disclosed the shocking statistics in parliament Wednesday afternoon when he said that Zambia’s external debt alone is US $ 17.2 billion. The domestic debt is now 38.6 billion. Remember that Zambia’s Gross Domestic Product (GDP) is only USD 20.9 billion (2017, World Bank estimate).

Source:  Zambian Watchdog, 2017/06/21

By |June 22nd, 2017|Categories: News|Tags: , , |

Central bank demand for Belgian bonds softer this year – debt agency – Nasdaq – 20/06/2017

Global central banks have shown less demand for Belgium's government debt this year because of elections elsewhere in the euro zone, the country's debt chief said on Tuesday. Central banks, especially from emerging market countries, have tended to be big buyers of high-rated euro zone government debt like Belgium's which they see as a safe [...]

By |June 22nd, 2017|Categories: News|Tags: , , |

Argentina Century Bond Shows Market Will Forgive for Yield – Bloomberg – 20/06/2017

The government sold $2.75 billion of bonds Monday that it may not have to pay back until the year 2117. The leap of faith comes just 14 months after Argentina issued its first international bonds since an economic collapse in 2001 that resulted in a record-setting $95 billion default and years of litigation with Wall [...]

By |June 22nd, 2017|Categories: News|Tags: , , |

China’s bond market to surpass Japan as world’s second largest in five years: UBS – CNBC – 22/06/2017

China's bond market will double in size from the current $9 trillion over the next five years, overtaking Japan's to become the world's second largest behind the United States', UBS Asset Management said in a report.

Source:  CNBC, 2017/06/22

By |June 22nd, 2017|Categories: News|Tags: , , |

Moody’s: Montenegro’s rising government debt and volatile growth pose credit challenges – EconoTimes – 21/06/2017

Montenegro's B1 rating with a negative outlook is constrained by its rising government debt, small economy, volatile growth and strong reliance on foreign funding, Moody's Investors Service said in a new report.

Source:  EconoTimes, 2017/06/21

By |June 22nd, 2017|Categories: News|Tags: , , |

Election result threatens UK’s credit rating and will delay Brexit talks, says Moody’s agency – The Independent – 12/06/2017

The inconclusive election result could also slow efforts to shrink the budget deficit as it will now be a lower priority for the Government, Moody's said

Source:  The Independent, 2017/06/12

By |June 15th, 2017|Categories: News|Tags: , , |

Ratings agency Moody’s has downgraded South Africa one notch to BAA3 – one notch above subinvestment grade. – Eyewitness News – 09/06/2017

Moody’s placed South Africa on review for a downgrade in April after finance minister Pravin Gordhan and his deputy were sacked.

Source:  Eyewitness News, 2017/06/09

By |June 15th, 2017|Categories: News|Tags: , , |

India-Russia plan alternate credit rating agency to Moody’s, S&P, develop 2 more nuclear power plant units – India.Com – 02/06/2017

India and Russia will also hold 'Indra-2017', the first joint tri-Services exercise this year.

Source:  India.Com, 2017/06/02

By |June 15th, 2017|Categories: News|Tags: , , , |