by bondevalue | Dec 19, 2019 | Sovereign Bonds
Germany plans to issue green bonds for the first time in 2020, joining its European peers such as France and Poland. The sovereign intends to sell about €10 billion in green bonds in the second half of next year via auctions, at the same time as issuing regular bonds...
by bondevalue | Nov 29, 2019 | Sovereign Bonds
China’s Ministry of Finance issued $6 billion worth of dollar-denominated bonds earlier this week, less than a month after its €4 billion sale of euro-denominated notes. Both transactions were well received by investors, with the dollar bonds garnering an order...
by bondevalue | Nov 18, 2019 | Distressed / Defaulted Bonds, Sovereign Bonds
Ecuador’s dollar bonds slumped to a record low amid doubts over repayment, as hopes of more loans from the International Monetary Fund (IMF) become diminished. The country’s Congress had rejected a bill designed to narrow the budget deficit through a tax...
by bondevalue | Nov 6, 2019 | Sovereign Bonds
China sold bonds denominated in euros for the first time in 15 years, in a bid to lessen its reliance on US dollar funding. The 3-part debt deal, €2 billion in 7-years at a yield of 0.197%, €1 billion in 12-years yielding 0.618% and €1 billion in 20-years yielding...
by bondevalue | Sep 9, 2019 | Sovereign Bonds
Egypt plans to issue US$3 billion to US$7 billion of international bonds by the end of its 2020 financial year. The sovereign had borrowed heavily from overseas sources since a $12 billion IMF-backed economic reform programme was agreed upon in late 2016, and now...
by bondevalue | Jul 11, 2019 | High Yield Bonds, Sovereign Bonds
While the month of May saw bond investors flock to safer assets amid trade tensions, June was characterized by a return to riskier assets on the back of a dovish stance by major central banks. The Fed signaled a possibility of a rate cut during the FOMC meeting on...
