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Guidelines for the public sector on how to grow the green bond market could help support $1tr of issuance of the instruments a year by 2020, its authors have claimed.
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China’s Ministry of Finance is gearing up to issue three month government bonds every week starting from next month as part of its efforts to get the renminbi into IMF's Special Drawing rights (SDR) basket, according to several sources close to the matter.
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Standard & Poor’s has raised South Korea’s sovereign credit rating by one notch to AA- from A+ with a stable outlook, saying this was a result of a favourable policy environment, sound fiscal position, and net external creditor position.
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Standard & Poor’s has raised South Korea’s sovereign credit rating by one notch to AA- from A+, while Fitch has assigned a first-time rating of B to Pakistan because of the country’s weak fundamentals.
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Stephan Dorner has left his job as covered bond and SSA analyst at the French bank for a new gig at Morgan Stanley.
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The UK Debt Management Office has hired four banks to run an upcoming syndication of its 2068 inflation linked bond.