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 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 | Oct 21, 2018 | Financial News, Sovereign Bonds
Egypt may issue in Japanese yen and Chinese yuan for the first time in the early part of 2019, to further diversify its funding sources and boost foreign fund inflows, according to Finance minister Mohamed Maait. The Asian bonds are planned as part of other...
by bondevalue | Oct 17, 2018 | Financial News, Singapore Dollar Bonds
Temasek, the Singapore government-linked investment company, is selling S$200 million of 5-year bonds in its first public bond offering for retail investors. Rated Aaa by Moody’s and AAA by S&P, in line with the credit ratings of Temasek, the T2023-S$ bond...
by bondevalue | Oct 10, 2018 | Financial News, Sovereign Bonds
China’s Ministry of Finance plans to issue US$3 billion of 5-year, 10-year and 30-year bonds on 11 October 2018. This comes a year after the sovereign tapped the U.S. dollar bond markets for US$2 billion, after a more than 10-year hiatus. Although the Ministry...
