Moody's: Canadian Budget Compatible with Declining Debt Ratios, Aaa Rating
Apr 21, 2015 23:11 pm UTC| Research & Analysis
Moodys Investors Service says that the Canadian federal budget presented on Tuesday, despite some lower tax and higher spending initiatives, still shows declining debt ratios over the medium term, although the decline is...
Apr 21, 2015 15:52 pm UTC| Research & Analysis
Moodys Investors Service said the number of Brazilian companies facing potential speculative grade ratings more than doubled in the first quarter of 2015. In a new report, Moodys said that the rise in Brazilian companies...
Fitch: PPPs May Rise as Brazilian States Cut Investments
Apr 20, 2015 17:23 pm UTC| Research & Analysis
Projects financed by Brazilian states should drop to less than 5% of state operating budget expenditures in 2015 and 2016 as states try to create budget surpluses amid challenging economic times, Fitch Ratings says. We...
Moody's: Uptick in Portuguese house prices can curtail losses for covered bonds
Apr 20, 2015 16:18 pm UTC| Research & Analysis
In Portugal, increasing house prices limit the credit losses that residential mortgage loans experience in a stressed scenario, says Moodys Investors Service in a sector comment published today. "House prices increased...
Apr 20, 2015 15:25 pm UTC| Research & Analysis
Moodys Investors Service has today expanded the portion of Argentinas debt that is rated (P)Caa2. The (P)Caa2 rating reflects the higher risk of default for both Argentinas restructured foreign legislation debt (as before)...
Fitch: Structural Fiscal Imbalance Key Risk for Russian Sub nationals
Apr 20, 2015 09:28 am UTC| Research & Analysis
Fitch Ratings says in a new report that the ratings of Russian local and regional governments (LRGs) remain under pressure from structural fiscal imbalances.For 2015, the credit quality of Russian subnationals is...
Moody's: Lengthening of European covered bond maturities in Q1 is credit positive
Apr 20, 2015 08:10 am UTC| Research & Analysis
In Q1 2015, strong investor appetite for covered bonds has accelerated the trend to longer-term issuances, which is credit positive for European covered bondholders because the lengthening of maturities strengthens the...
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