by bondevalue | Mar 5, 2019 | Sovereign Bonds
Mitsubishi UFG Kokusai Asset Management Co., whose assets are the equivalent of $121 billion, is buying bonds from Spain despite looming political uncertainty due to the upcoming elections, the country’s third in 4 years. The investor’s executive chief...
by bondevalue | Jan 30, 2019 | Sovereign Bonds
Ecuador’s Finance Ministry sold $1 billion in bonds due 2029 at a yield of 10.75%, the steepest yield the nation has offered to investors since the financial crisis, when government officials had previously ruled out selling at double-digit rates. Markets had not...
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 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 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...
