Saudi Arabia draws on fixed income investor demand as it seeks to offset oil strains, issuing $12.5bn in 30-year bonds. Source: Financial Times Saudi Arabia has launched the largest debt sale by an emerging market government this year, pushing Middle Eastern debt issuance to a record high. The kingdom’s $12.5bn fundraising includes a 30-year bond,…
China’s government is planning a return to the market for the first time since 2004, with a pending $2 billion issue expected to target a 60-to-70 basis point premium over U.S. Treasuries. Source: Bloomberg Markets It’s been a record year so far for Asian dollar bonds, with unprecedented demand from within the region spurring a…
Austria is set to raise at least €1bn in 100-year debt; bids from potential investors have already topped €11bn. Source: Financial Times Austria is set to raise 100-year debt in the latest indication of hot investor demand for long-dated sovereign bonds. It aims to raise at least €1bn; bids from potential investors have topped €11bn,…
Canadian government bonds slumped to the lowest point in 23 years after the Bank of Canada raised interest rates on July 12. Source: Globe and Mail Investors are dusting themselves off after the worst two-month rout in Canadian government bonds in 23 years. Sovereign bonds lost 3.4 per cent in June and July, according to…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
