Investors are buying up debt of everything from Brazilian airlines to Indian ports, hastened by a hunt for yield and default levels among emerging market companies below that of U.S. peers. Source: The Guardian In a sign of the sector’s growing appeal, year-to-date flows into emerging bonds have turned positive for the first time in…
Demand for many issuer’s green bonds is higher than for its vanilla equivalents while the cost of funding is the same or lower according to a survey from the Climate Bonds Initiative. Nearly all respondents said their green bond attracted new investors. Source: MarketsMedia Demand for green bonds is higher than for their vanilla equivalents…
The spectre of a solvency crisis for the broader economy has jolted central banks and governments into action. Source: Financial Times In the fight to stop the coronavirus outbreak destabilising the global economy, central banks have gone “all in” with intervention after intervention to calm capital markets. Governments are following closely behind, announcing massive spending…
Economists and investment strategists are pretty much in line with respect to intensifying Coronavirus risks over the short term, with however less uniformity of view in terms of the medium term ramifications for the global economy. Source: Bloomberg via GARP (Bloomberg) — A raft of new coronavirus cases in numerous countries outside China over the…
Green and sustainable bond issues hit record-breaking levels in Canada in 2019 with attractive financing levels, appealing to a more diversified investor base. Source: Financial Post Growing pressure across financial markets to consider environmental impact and risk as a major plank in investment decisions helped push green and sustainable bond issues to record-breaking levels in…
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…
Federal Reserve’s dovish stance and US – China trade talks have increased demand for Emerging Market Local Government Debt Source: Bloomberg If investors wanted evidence that demand for local-currency bonds isn’t fleeting, here it is: The biggest exchange-traded fund tracking local debt in emerging markets has seen 17 weeks of inflows. The $9.7 billion iShares…
The yield on 10-year U.S. Treasuries hit 3 percent for the first time in more than four years. Its breach of the threshold helped focus investors on the rising risks for equities. Source: The Globe and Mail The march higher in bond yields reached a critical level on Tuesday that could prompt portfolio managers…
Regulators and investors are suggesting increased transparency in primary issuance markets by streamlining the traditional trading process through an electronic trading platform. Source: Bloomberg A tussle is emerging between underwriters over who controls the levers of a $2.3 trillion market for new company bonds, with the U.S. as the chosen battleground. Tech firm Ipreo, jointly owned…
In a move to limit the disruption to investors, a coming rule change has triggered a surge of Formosa bonds: Issuance is up 81% year-to-date to $17.1 billion Source: The Wall Street Journal Big U.S. companies like Apple Inc. and Pfizer Inc. have the world’s largest corporate bond market in their backyard. So why have they…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
