by bondevalue | Jun 19, 2019 | Credit Ratings, Sovereigns
Moody’s Investors Service downgraded the Government of Turkey’s long-term issuer ratings from Ba3 to B1 late last week. The rating agency also downgraded the senior unsecured bond ratings of Hazine Mustesarligi Varlik Kiralama, the wholly owned SPV through which the...
by bondevalue | Mar 19, 2019 | Sovereigns
Moody’s decision not to downgrade Italy’s international sovereign ratings from Baa3, despite ongoing data to show otherwise, sparked a strong rally in Italian debt and was supportive for the rest of the euro zone bond markets. Italy’s 10-year government bond...
by bondevalue | Feb 9, 2019 | Credit Ratings, Sovereigns
Global ratings agency Moody’s Investor Service has raised Russia’s long-term foreign currency ratings to “Baa3” from “Ba1”, elevating the sovereign to investment grade status. The ratings outlook was moved to stable from positive. Moody’s...
by bondevalue | Oct 29, 2018 | Credit Ratings, Financial News, Sovereigns
In more sovereign ratings news, Standard and Poor’s affirmed the United Kingdom’s long-term foreign currency debt rating “AA” last week. The rating agency said in their statement that the negative outlook placed on the ratings reflects the risk...
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...
by bondevalue | Jun 6, 2018 | Financial News, Singapore Dollar Bonds, Sovereigns
The Azalea Group, a subsidiary of Singapore’s Temasek Holdings specialising in private equity investments, has launched Astrea IV, a private equity bond in a structure including a retail tranche that is believed to have never been done before. This first...
