by bondevalue | Feb 26, 2018 | Financial News, Sovereign Bonds
Indonesia has become the first Asian country to complete green bonds, tapping investor interest in climate-friendly investments that supported US$155.5 billion in global issuance of green bonds last year. Global green bond issuance, where deal proceeds are earmarked...
by bondevalue | Feb 23, 2018 | Financial News
The Chinese government seized temporary control of Anbang Insurance Group Co. and will prosecute its chairman and founder Wu Xiaohui for alleged fraud, in a surprise move that further illustrates President Xi Jinping’s anti-corruption and de-leveraging campaigns as...
by bondevalue | Feb 22, 2018 | Financial Institution Bonds, Financial News, Investment Grade Bonds, Southeast Asia
United Overseas Bank (UOB) priced the first sterling-denominated covered bond amongst its Singapore bank peers, with a well-received £350 million (US$486 million) five-year transaction at a floating coupon of 24 bps over the 3-month sterling Libor rate. Issued under...
by bondevalue | Feb 15, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank, U.S. Treasury Yield
The U.S. released its consumer price index (CPI) figures last evening, reporting that consumer prices – with the headline number up 2.1% and core CPI up 1.8% from a year earlier – rose by more than projected in January thus adding to concerns about an...
by bondevalue | Feb 14, 2018 | China, Corporates, Credit Ratings, Financial News, High Yield Bonds
S&P’s cut HNA Group’s implied rating, for the second time in 3 months, to ccc+ from b due to its “deteriorating liquidity position” as the Hainan-based aviation-to-financial conglomerate faces mounting debt maturities in 2018. The rating...
