Emerging markets are turning into a mainstream asset class providing a wider bond market corporate issuers with diversification as a key element. Source: The National Corporate bonds have a long tradition in developed markets, with a large investor base across the credit rating spectrum. Over the past decade, corporate bonds of issuers based in emerging…
Europe’s Credit Market Expected to go from Red Hot to merely Boiling in 2020 Source: Gulf Times Europe’s credit market may go from red hot to merely boiling in 2020. After a banner year for sales of new bonds, the pace of issuance may prove hard to sustain next year because companies have already rushed…
Public sector green issuance has been overshadowed by Sweden’s local government funding agencies to surpass the total Nordic issuances in 2019. Source: Expert Investor Local government funding agencies have dominated regional public sector issuance. Sweden has issued a whopping $8.26bn in green bonds so far in 2019, equivalent to about half of the total issuance…
Corporate Bonds Surge for the 12th Successive Month in Emerging Markets Source: Yahoo Finance Demand for corporate bonds is deepening in emerging markets as political strife from Hong Kong to Lebanon and Latin America drives investors away from government debt. The Bloomberg Barclays index for corporate securities in the developing world is rising for a…
Sustainable and Green Debt are Expected to Rally in the Asian Bond Markets in 2020, said CTBC Bank and MUFG Heads of DCM at the 14th Asia Bond Markets Summit 2019 Last Week Source: The Asset Emerging markets bear more than their fair share of fickle funds flow that often leads to sharp market corrections….
International Institute of Finance (IIF) estimates global debt to reach record $255 trillion by the end of 2019 and central bankers believe it is sustainable Source: CNBC Global debt hit a record high of over $250 trillion in the first half of this year, led by a surge in borrowings in the U.S. and China,…
Different Scenarios that Credit Traders are Considering as Brexit Uncertainty Lingers On Source: Bloomberg Gilts losing their protective buffer, the hard Brexit menace and even socialism with echoes of the 1970s. Debt investors are bracing for all of these scenarios — and more — as the U.K.’s second election in less than three years draws…
Australia Nearing its First Quantitative Easing, Believes Australia’s Largest Pension Fund Source: Bloomberg Australia’s largest pension fund is positioning for another leg higher in sovereign bonds as the Reserve Bank of Australia gets closer to unleashing quantitative easing for the first time. The central bank may begin buying the country’s debt as soon as next…
Chinese bank drew record $1 Trillion worth of orders as it issued $7 Billion convertible bond Source: Financial Times A Chinese bank has placed a record convertible bond, raising more than $7bn in an offering that drew more than $1tn worth of orders, the latest bumper deal in a year that has seen issuance of…
In contrast to previous years, 2019 has resulted in a big rally in BBB corporates, resulting in falling yields and strong total returns Source: Barron’s It was a popular narrative in the capital markets in 2018. The swarm of corporate bonds with the lowest investment-grade rating supposedly were on the precipice of a descent into…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
