Risk reward ratio in favour of AAA rated bonds maturing in 2-3 years: Dhawal Dalal, Edelweiss AMC

Dhawal Dalal, Edelweiss AMC, says investors in low duration fund investing in high quality assets can expect to make between 6.75% and 7.75% return with a fair amount of conviction. Source: The Economic Times Yields have already crossed the 7% mark and currently are at a 17-month high. What according to you are the key…

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Chicago Issues AAA-Rated Debt Despite City’s Junk-Rating

 Chicago to start selling as much as $575 million of investment-grade-rated debt, insulating bondholders from the city’s financial strains. Source: Bloomberg Markets Chicago will start selling as much as $575 million of investment-grade-rated debt that’s backed by a dedicated share of sales-tax revenue it receives from Illinois, insulating bondholders from the city’s financial strains. The offering is…

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South Africa on verge of being removed from global bond index after S&P downgrade

 S&P downgraded South Africa’s long-term foreign currency debt by one notch to ‘BB’ and its local debt by a notch to ‘BB+’, citing a deterioration of the country’s public finances on account of weak GDP growth. Source: Moneycontrol On Friday, Africa’s most industrialised country got a harsh reality check from the financial world. Rating agency…

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The Changing Face of the Corporate Bond Market

European Commission to launch public consultation on ways to improve market functioning Source: The Wall Street Journal The European Commission wants answers to an intriguing question: Why is it becoming harder for people to trade corporate bonds, even though companies are issuing more of them? The commission—the executive arm of the European Union—plans to launch a…

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Green bond issuers are poised to charge a premium

 Demand for green bonds and other ethical investment securities is raising the prospect of the market developing a premium over conventional debt. Source: Financial Times Growing demand for ethical investment securities such as green bonds is raising the prospect of the market developing a premium over conventional debt. As volumes of environmentally friendly and socially…

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Bond market is strengthened with digitalization

 Kinyu Keizai Shimbun interviews Mr. Han Ryoo, Co-founder & Head of Product at Overbond Ltd. during FIT 2017 in Tokyo Source: Kinyu Keizai Shimbun Overbond, based in Toronto, Canada plans to begin operations in Japan in early next year. Han Ryoo, Co-founder and Head of Product, visited Japan in late October to build up its…

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Is Canada’s economy just right for bonds?

 How does Canada’s economic environment today compare and contrast with the country’s Goldilocks period of a decade ago? Source: BlackRock For those too young to remember, from 2004 to 2007, fixed income markets witnessed a period of low volatility, even as central banks were raising rates and the yield curve flattened. GDP growth was steady,…

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Overbond Expansion in U.S. Multiplies Bond Issuance Opportunities; New Digital Channels to Increase Fixed Income Market Liquidity

Overbond expands operations with digital omni-channel strategy and New York office to target $40 trillion U.S. bond market TORONTO and NEW YORK — (November 17, 2017)— Overbond Ltd., the first end-to-end Capital Markets platform for primary bond origination and fixed income deal execution, has expanded real-time access to the Overbond Platform to all US corporate…

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