The green-bond market has boomed over the past few years, and now the industry is finally starting to track the environmental effects of projects funded by them. Source: Wealth Professional The green-bond market has boomed on the allure of investments that help the environment. Now, the industry is trying to show that the reality matches…
Economist Ted Carmichael analyzes the accuracy of the Bank of Canada’s inflation projections over the past few years, providing insight on the implications and conclusions. Source: Ted Carmichael Global Macro The Bank of Canada is an inflation-targeting central bank. It sets monetary policy with an objective of returning the inflation rate to the 2% target within…
A year after Argentina’s latest default, Finance Minister Luis Caputo announced a new issue of 100-year bonds in U.S. dollars for the the South American country. $2.75 billion was sold after $9.75 billion worth of orders was received. Source: CNBC Argentina sold $2.75 billion of a hotly demanded 100-year bond in U.S. dollars on Monday, just…
Bloomberg reports that Goldman’s interest in streamlining new corporate-debt sales is telling: it shows there’s an economic interest for big investment banks to standardize lucrative processes, leading to greater efficiency and lower fees. Bloomberg continues to profile Overbond as a leading market solution to primary bond issue digitization. Source: Bloomberg Goldman Sachs wants to be a technology…
As the next industrial revolution matures, many areas in banking and finance are being transformed. Some of the trends that are helping reshape the future of the industry include artificial intelligence, blockchain and open banking. Source: The Next Web Finance and trade is one of the oldest skills that mankind has developed after shaping the…
Apple Inc offered a $1 billion bond dedicated to financing clean energy and environmental projects on Tuesday, with proceeds from the green bond sales being used to finance renewable energy and energy efficiency at Apple facilities. Source: Reuters Apple Inc (AAPL.O) offered a $1 billion bond dedicated to financing clean energy and environmental projects on Tuesday,…
While interest rates are expected to rise in the US, some high-profile mutual-fund managers differ on their investment strategy. Four major investors share their approach with the Wall Street Journal. Source: Wall Street Journal As markets look for the Federal Reserve to raise rates three or even four times this year, star bond managers have…
Kinder Morgan Canada Ltd. received a BBB investment-grade credit rating from S&P Global Ratings on June 2. The company may issue its first Canadian-dollar bonds to replace existing funding for the Trans Mountain pipeline expansion. Source: WealthProfessional Kinder Morgan Canada Ltd. may issue its first Canadian-dollar bonds next year to replace its existing funding for…
The staggering demand for Nokia’s first new bond issue in years is testament to the market’s belief in the Finnish tech giant’s transformation over the past two years. Source: Nasdaq NEW YORK, June 5 (IFR) – Nokia was deluged with more than US$8bn of orders Monday for its first US bond in years, as eager investors…
NY Fed findings say reforms including the Dodd-Frank Act and Basel III regulation have constrained banks in their ability to trade corporate bonds, leading to “adverse impact” on bond-level liquidity. Source: Financial Times Regulations designed to safeguard the US from another financial crisis have damped corporate bond trading activity, according to the Federal Reserve Bank of…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
