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...
by bondevalue | Sep 23, 2018 | Bank of Japan, Financial News, Macroeconomic news, Sovereign Bonds
The Bank of Japan (“BOJ”) trimmed its buying of bonds due in more than 25 years by 10 billion yen ($88.9 million) to 50 billion yen at its regular operation on 21 September 2018, the first reduction since July. The central bank had said in July that it...
by bondevalue | Aug 15, 2018 | Credit Ratings, Financial News, High Yield Bonds, Sovereign Bonds
Bonds issued by Turkish issuers are going through an unpleasent summer with the lira down 42% since the start of 2018. While bonds were falling throughout spring in tandem with the rest of emerging market bonds, they continued to fall in July and the proverbial bottom...
by bondevalue | May 12, 2018 | Financial News, Sovereign Bonds
Following a surprise victory for Malaysia’s opposition Pakatan Harapan, which displaced a government that had held power for more than 60 years – since the country declared independence in 1957 – its U.S. dollar bonds tumbled shortly after the...
