Oil crash to affect niche MTN issuance

naturalgas_Adobe_575x375_7Feb2020
By Frank Jackman
11 Mar 2020

The recent fall in the price of oil is having a knock-on effect on non-core currency issuance. While oil dependent markets could take a hit as their currencies weaken, some net importers could benefit from a stronger currency and safe haven flows.

Oil prices are down almost 40% this month, following the collapse of OPEC talks last week and Saudi Arabia’s escalating oil price war.

The market ructions mean that opportunities to issue are few and far between. “There has been nothing in the market, given the extreme volatility,” said ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.