SSA

  • Bank of China (Djibouti) debuts in MTNs

    Bank of China (Djibouti) debuts in MTNs

    Bank of China sold its first ever bond out of its Djibouti branch on Monday, as Chinese issuers pour into capital markets to make up for time lost to the coronavirus pandemic.

  • Wealth funds urged to end inaction on climate

    Wealth funds urged to end inaction on climate

    Sovereign wealth funds are not using their huge resources to tackle climate change, and are therefore impeding the world's efforts to meet the goals of the Paris agreement, the Organisation for Economic Cooperation and Development has warned.

  • Is social unrest an ESG issue?

    Is social unrest an ESG issue?

    Popular discontent could well rise in many countries as the coronavirus crisis hits the poorest worst of all. In the past, unrest may have only worried government bond investors to the extent that it damaged creditworthiness. But, as market participants become ever more socially conscious, DBRS Morningstar’s Nichola James says that we can also apply an ESG (environmental, social and governance) lens to it.

  • KHFC returns with second social covered bond of 2020

    KHFC returns with second social covered bond of 2020

    Korea Housing Finance Corp (KHFC) has hired lead managers for a new social covered bond in the euro market. It is its second such deal in the currency this year, and it could face tougher conditions this time.

  • China prices tight Covid-19 special govt bonds amid liquidity concerns

    China prices tight Covid-19 special govt bonds amid liquidity concerns

    China sold the first two tranches of its Covid-19-themed special treasury bonds this week, pricing the Rmb100bn ($14.1bn) notes well inside the treasury curve and market expectations. There are some fears about pressure on liquidity, given the total funding target of Rmb1tr, but market watchers said there is little cause for concern just yet. Addison Gong reports.

  • Indonesia brings back green sukuk

    Indonesia brings back green sukuk

    The Republic of Indonesia rolled out its annual Islamic finance transaction on Tuesday, taking $2.5bn from a three-tranche sukuk. The sheer strength of investor interest surprised the bankers on the bond, leading to a hefty 70bp tightening and a deal that offered negative new issue premium.

  • Updated: MoF kicks off Rmb100bn special treasury bond sale

    Updated: MoF kicks off Rmb100bn special treasury bond sale

    China will start selling the first batch of its Covid-19-themed ‘special treasury bonds’ this week. While it will only raise Rmb100bn ($14.1bn) initially, the overall target of Rmb1tr has raised some concerns around short-term liquidity in the market.

SSA Bonds news archive