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◆ Oil trumps politics ◆ Kuwait scores late winner ◆ How to save Thames Water harmlessly
New prime minister and surprise chancellor jolted the Gilt market, but oil shooting above $100 shows where the real power lies
John Healey resigned because the money was not there for defence. It may not be there for anything
'Dead quiet' few weeks will benefit issuers as excess bonds need absorption before issuance starts to ‘fire on all cylinders’ from August 17
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Hungary is set to take advantage of lower rates in euros to buy back its more expensive outstanding dollar debt.
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Saudi Arabia will return to the international capital markets this year and has named leads for a triple tranche conventional bond.
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Jordan was this week on the road looking to extend its bond curve out to 30 years. Its longest outstanding bond to date is due to mature in January 2027.
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In a fillip to the Masala bond market, Reserve Bank of India is excluding offshore rupee-denominated bonds from the investment limits in corporate debt for foreign portfolio investors, effective October 3.
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Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
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China’s downgrade by S&P caused an initial wave of surprise in the market on Thursday, but the rating change will ultimately be a non-event, despite the sovereign plotting a return to dollar bonds shortly.