Showing 121-130 of 2145 results.
Saudi Arabia announced additional measures this week to prevent the country’s deficit from spiralling out of control in the wake of a steep drop in the price of oil and a fall-off in economic activity.
11 May 2020
The Turkish lira continues to tumble. This feels like a rerun of the last lira crisis back in August 2018. Surprisingly little has changed fundamentally in the nearly two years that have passed, as officials have largely refrained from taking any significant actions except those that make it even harder to invest in Turkey. Turkey used to be the darlings of EM. Now, we fear it will end up being…
11 May 2020
Bogota’s government-owned energy distributor Grupo Energia Bogota (GEB) is planning to raise as much as USD400mn in the international capital markets.
11 May 2020
Total volumes of sustainable bond issuance are set to fall as the COVID-19 pandemic creates a rocky environment for borrowers, according to Matthew Kuchtyak, AVP-Analyst at Moody’s. Sustainable bond issuance is likely to total USD325bn this year, a downward revision of USD75bn from the USD400bn forecast previously.
11 May 2020
The International Monetary Fund (IMF) approved rapid disbursements of emergency funding for Kenya and Uganda this week to help the East African nations finance measures to address the COVID-19 pandemic.
7 May 2020
The Central American sovereign made a risky move as pandemic-hit markets sealed shut over February and much of March – but upsizing the deal amid scarcity of high-quality credits in the bond market appears to have paid off.
7 May 2020
Bahrain has hired banks to help it raise fresh funding in what could be a crucial test for junk-rated sovereigns.
7 May 2020
As countries worldwide are forced to spend unprecedented amounts to counter the economic and health effects of COVID-19, fiscal and current account deficits are set to rise globally. Rocky market conditions mean most EM sovereigns will struggle to access external funding, however, leaving the local private sector to pick up the slack, according to a recent report from the Institute of…
7 May 2020
Bogata’s District Ministry of Finance yesterday announced plans to issue COP600bn (approx. USD152mn) pesos in local bonds to counter the effects of the COVID-19 pandemic. The bonds are AAA rated and the transaction is being arranged by Itau.
7 May 2020
Chile hit the markets this week with a dual-tranche, dual-currency bond to raise just over USD2bn, capping a busy month for Latin American sovereign issuers.
6 May 2020