by bondevalue | Jan 25, 2018 | Credit Ratings, Financial News, HomePage, Sovereigns
Spain’s borrowing costs fell to 6-week lows and short-dated bond yields in Greece tumbled, after ratings upgrades for the 2 southern euro zone states provided further evidence of a turnaround for the bloc’s peripheral economies. Spain’s credit rating was raised one...
by bondevalue | Jan 19, 2018 | Credit Ratings, Financial News, HomePage, Sovereign Bonds, Sovereigns
Moody’s Investors Service has upgraded the Government of Mongolia’s long-term issuer ratings and the senior unsecured ratings to B3, with a stable outlook, from CAA. S&P’s and Fitch both rate Mongolia at B–. The key factors driving the ratings upgrade are less...
by bondevalue | Dec 22, 2017 | Credit Ratings, Financial News, HomePage, Sovereigns
Fitch upgraded Indonesia’s long-term, foreign currency-denominated debt by one notch to ‘BBB’ from ‘BBB-‘ with a stable outlook, one week after upgrading its fellow Southeast Asian peer Philippines, also by one notch to ‘BBB’. This is Indonesia’s second ratings...
by bondevalue | Dec 13, 2017 | Credit Ratings, Financial Institution Bonds, Financial News, HomePage, Sovereigns
Fitch Ratings announced on Monday a one-notch rating upgrade for the Republic of Philippines to ‘BBB’ from ‘BBB-‘, with stable outlook. This came on the back of the country’s continued strong and consistent macroeconomic performance, underpinned by sound policies...
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 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....
