sovereign risk

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: , , |

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: , , , |

How Emerging Market Sovereign Bonds Stack Up – Seeking Alpha – 28/04/2017

Investor demand for emerging market (EM) debt has been strong lately, as the near-term risk of trade wars has faded and income seekers have flocked to the asset class’s higher yields. EM debt funds saw 12 straight weeks of inflows, the longest streak since the U.S. election, according to EPFR Global data through the week [...]

By |May 4th, 2017|Categories: News|Tags: , , , |

Global PMIs roll over – Macro Business – 04/05/2017

April PMI data suggests the manufacturing recovery is slowing, with worse performance from China and the US. But the fall in the global PMI needs to be seen in context of its recent surge which had seemed an implausible guide to likely growth in the hard output data.

Source:  Macro Business, 2017/05/04

By |May 4th, 2017|Categories: News|Tags: , , |

Majority of Asian economies are expected to see short-term gains – Japan Times – 04/05/2017

The Asian Development Bank on April 6 released the Asian Development Outlook 2017. The ADB’s flagship annual report analyzes economic performance in the past year and offers forecasts for the next two years for the 45 economies in Asia and the Pacific that make up developing Asia.

Source:  Japan Times, 2017/05/04

By |May 4th, 2017|Categories: News|Tags: , |

Puerto Rico Makes Unprecedented Move To Restructure Billions In Debt – Wuft – 03/05/2017

Puerto Rico has asked for a form of bankruptcy protection to help it grapple with more than $70 billion in public-sector debt. The unprecedented maneuver, requested by the governor and filed shortly afterward by a federal oversight board, sets in motion what would likely be the largest municipal debt restructuring in U.S. history.

Source:  Wuft, 2017/05/03

By |May 4th, 2017|Categories: News|Tags: , , |

Greece Agrees to Tighten Belt Again in Return for Further Bailout Funds – The New York Times – 02/05/2017

Greece and its international creditors said on Tuesday that they had reached a preliminary deal allowing the country to receive crucial bailout payments in exchange for promises to raise taxes and to further cut pensions and social spending.

Source:  The New York Times, 2017/05/02

By |May 4th, 2017|Categories: News|Tags: , , |