Sri Lanka To Default on Dollar Bonds. Track Sri Lanka Bonds & News
Sri Lanka has announced suspension of payments on its $51bn external debt calling it a “last resort” emergency measure, pending restructuring. Market participants consider the move as tantamount to default. Its creditors, including foreign governments, are...
Russia-Ukraine Crisis: Impact on Bonds & CDS Spreads
Timeline and Latest Updates May 20, 2022: Russia’s Finance Minister Anton Siluanov emphasized that the nation will service its offshore debts in Rubles if all options are blocked. He stated, “We are not going to call any defaults, we have money –...
April 2022: 88% of Dollar Bonds Sell-off; IG Underperforms as Treasury Yields Saw a Sharp Rise
Dollar bonds in our universe dropped again in April, with 88% of bonds in the red. Investment grade (IG) bonds – more sensitive to interest rate changes compared to high yield (HY) bonds, all else equal – were the most impacted. 95% of investment grade dollar bonds...
Sukuk – A Primer on All You Need To Know about Islamic Bonds
Sukuk issuances have become popular over the last five years with a major chunk coming from the Gulf nations. This article attempts to cover everything you need to know about Sukuk (Sukuk is both, the singular and plural). What Are Sukuk? A Sukuk in its...
