Call us on
+44 (0) 207 045 0920

Bips & Pieces

Moody's Follows Oman Sovereign Rating Move with Corporate, Bank Downgrades

Seven lenders and eight non-financial companies saw their ratings cut by one notch, a week after Moody's trimmed Oman's sovereign rating.

13 Mar 2020

Green Bonds Offer Marginally Lower Yields on Average – MSCI

Green bonds tend to offer 0-2bp lower yield than their conventional counterparts, according to research from MSCI. This is more pronounced in bonds issued by corporates with a higher overall ESG rating.

13 Mar 2020

For Investors, NMC Health Brings Back Haunting Echoes of Abraaj

UAE-based NMC Health’s investigation into substantial amounts of undisclosed debt is making investors wary of another Abraaj-style lapse in corporate governance.

12 Mar 2020

Turkish Banking Sector Outlook Improving - ING

Following strong performance last year, many in the Turkish banking sector are looking ahead at 2020 with optimism, according to Oleksiy Soroka, Senior High Yield Credit Strategist at ING.

12 Mar 2020

China’s Economic Slowdown Increasingly Likely to be Protracted – CA CIB

The coronavirus pandemic could be the final straw for an economy already weakened by the extended trade standoff with the US, the bank’s analysis suggests.

12 Mar 2020

Lower Oil Prices Could Lead to More Debt Issuance to Plug MENA Deficits

A pronounced and prolonged deterioration in the price of oil could shoulder Gulf governments with yawning deficits and may catalyse additional debt issuance to plug the gap.

12 Mar 2020

Russian Railways “Catch the Last Train” with Record-Setting Swiss Franc Green Bond

The new 6-year notes, part of RZD’s green bond programme, priced at a stunning 0.84% just as global markets began shutting down due to coronavirus-related shocks.

11 Mar 2020

CEE, ASEAN Markets Win Out on Low Oil Exposure and Net Importer Status

Oil importers and sovereigns with low exposure to oil and gas are winning out as oil prices tumble on the back of an escalating feud between Saudi Arabia and Russia, which threatens to flood global markets with cheap crude.

11 Mar 2020

Kenya Roads Board Bond ‘Potential Game Changer in Domestic Debt Investment’ – Sterling Capital

Kenya Roads Board (KRB) is set to issue a KES150bn bond on an annual basis over the next five years. The proceeds of the bond will be used to finance infrastructure development.

11 Mar 2020

Fiscal Stimulus Required to Support Monetary Easing as Asian PMIs Drop – PineBridge

As global central banks react to the COVID-19 linked global economic slowdown, monetary policy tools may no longer be sufficient to support growth, PineBridge warns in a new analysis.

11 Mar 2020

Want EM credit market insights delivered straight to your inbox?

Subscribe