by bondevalue | Nov 27, 2017 | Financial News, HomePage, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank, U.S. Treasury Yield
Federal Reserve Chair Janet Yellen testifies before the congressional Joint Economic Committee in Washington this week, leading a busy lineup of central bankers speaking this week, together with Yellen’s nominated successor Jerome Powell. Amongst the topics hotly...
by bondevalue | Nov 24, 2017 | Financial News, HomePage, Sovereign Bonds
The Province of British Columbia (Aaa/AAA/AAA) successfully completed its second Panda bond offering yesterday with a RMB 1 billion 3-year issue priced at par to yield 4.8%. This compares with their debut transaction in January 2016 when RMB 3 billion in 3-years was...
by bondevalue | Nov 21, 2017 | Credit Ratings, Financial News, HomePage, Sovereigns
Standard & Poors downgraded Venezuela’s foreign currency debt ratings to ‘D’ from ‘CC’ a week after President Nicolas Maduro gathered creditors for talks over a grand event which yielded little in real results. Fewer than 100 of the bondholders of about US$60...
by bondevalue | Nov 18, 2017 | China, Financial News, High Yield Bonds, HomePage
Chinese corporates have issued two-thirds of Asian sub-investment grade bonds outside of Japan year-to-date, from less than half of the total in 2013. This trend is likely to continue with China’s share of Asia ex-Japan high-yield issuance set to rise for a fourth...
by bondevalue | Nov 17, 2017 | Credit Ratings, Financial News, HomePage, Sovereigns
Moody’s Investor Service showed its confidence in Indian Prime Minister Narendra Modi’s policy reforms when it raised the country’s local and foreign currency debt ratings for first time since 2004, to Baa2 from Baa3, and changed its outlook to stable from positive....
