by bondevalue | Jul 11, 2019 | High Yield Bonds, Sovereign Bonds
While the month of May saw bond investors flock to safer assets amid trade tensions, June was characterized by a return to riskier assets on the back of a dovish stance by major central banks. The Fed signaled a possibility of a rate cut during the FOMC meeting on...
by bondevalue | Jul 9, 2019 | Sovereign Bonds
India plans to raise as much as $10 billion, about 10-15% of the country’s total borrowing, from its first overseas sovereign bonds in the second half of 2019. The foreign offering will leverage on the currently huge appetite for India’s local debt in the...
by bondevalue | Mar 5, 2019 | Sovereign Bonds
Mitsubishi UFG Kokusai Asset Management Co., whose assets are the equivalent of $121 billion, is buying bonds from Spain despite looming political uncertainty due to the upcoming elections, the country’s third in 4 years. The investor’s executive chief...
by bondevalue | Jan 30, 2019 | Sovereign Bonds
Ecuador’s Finance Ministry sold $1 billion in bonds due 2029 at a yield of 10.75%, the steepest yield the nation has offered to investors since the financial crisis, when government officials had previously ruled out selling at double-digit rates. Markets had not...
by bondevalue | Nov 2, 2018 | Financial News, Sovereign Bonds
The Netherlands is expected to be the first triple A-rated country to issue green bonds, when the sovereign completes its debut transaction next year. Government expenses of 3.5 to 5 billion euros or US$4 to US$5.8 billion could qualify as green, to be used in...
by bondevalue | Oct 25, 2018 | Credit Ratings, Financial News, Sovereign Bonds, Sovereigns
Moody’s Investors Service cut Italy’s credit rating by one notch to ‘Baa3’ from ‘Baa2’, with a stable outlook, one level above junk. This moves comes amid concerns about the sovereign’s fiscal strength and stalled plans for structural...
