The Government of Sharjah has issued a benchmark 5 year dollar denominated sukuk. Competition from other issuers could affect its popularity among investors, alongside current market conditions and regional issues.
21 Jan 2016
Nigeria’s capital market regulator and the debt management office (DMO) have agreed to work together on its debut sovereign sukuk, intended to be issued before the end of the year. The deal would boost sukuk issuances in one of Africa’s most liquid debt markets.
21 Jan 2016
Kenya is considering issuing sovereign debt this year including, potentially, its inaugural sukuk. The news comes despite investors worrying over weaker emerging market performance and slipping demand for bonds from developing markets.
19 Jan 2016
With oil now priced at less than US$30 per barrel, its lowest level in decades, one may be forgiven for assuming the bonds of oil-producing companies would be performing similarly poorly. In Russia however, the bonds of two oil giants are diverging.
19 Jan 2016
Emerging markets linked to China will suffer further under the continuing devaluation of the renminbi.
19 Jan 2016
The volume of Chinese loans is at its highest ever level, leading investors to look towards bonds as an alternative. But investors are now using bonds as insurance for loans, which are used to buy more bonds, and concerns are being raised over the heavily indebted and overcrowded market.
15 Jan 2016
In this article, Michael Ballauf, Analyst, Credit Research, Raiffeisen Bank International AG discusses how Russia's privatisation plan could benefit the Russian banking sector.
15 Jan 2016
As the first public offering of benchmark Eurobonds in the primary market among Russian financial institutions, Alfa Bank’s US$500mn bond issuance was a standout in the Russian market after sanctions and a recession forced investors and issuers into narrower windows through which to chase yields and close deals. In this article, we reviewed the deal and spoke with Michael Lawrence, Head of…
15 Jan 2016
Green bonds are gaining increasing interest, with the market increasing exponentially since 2012, from US$2.6bn to US$41.8bn in 2015.
14 Jan 2016
The knock on effect of investors fleeing the sector for Latin American economies and Latin American Credit. In this article, Vernon Budinger, CEO / CIO, Latin America Structured Finance Advisors, LLC analyses the emerging debt investment landscape in Latin America and paints a picture of some of the region’s key markets in 2016.
8 Jan 2016