Fitch: Close Look at EM Corporate Bond Trading Reveals Liquidity Risks
Apr 16, 2015 13:13 pm UTC| Research & Analysis
Investors in dollar-denominated emerging market (EM) corporate bonds face liquidity risks, according to a new Fitch Ratings report.In the U.S., high-yield EM dollar-denominated corporate bonds trade far less frequently...
Fitch: New Right-to-Buy Could Add to UK Housing Provider Challenges
Apr 16, 2015 12:03 pm UTC| Research & Analysis
The UK Conservative Partys announcement that it would offer 1.3 million tenants of registered housing providers (RPs) the right to buy their home at the same discounts as those available for council tenants could add to...
U.S. Fitch Fundamentals Index Indicates Credit Improvement Plateau
Apr 15, 2015 14:08 pm UTC| Research & Analysis
The U.S. Fitch Fundamentals Index (FFI) fell slightly in 1Q15 but remains in neutral territory, as the rate of credit improvement continues to diminish in some sectors.Six years after the start of the economic recovery,...
Moody's: Asian covenant quality for high-yield bonds holds steady; better than other regions
Apr 15, 2015 01:56 am UTC| Research & Analysis
Moodys Investors Service says that Asian high-yield bonds issued in the first quarter of 2015 contain covenant protections that are stronger than those in other regions, and are on par with the protections for bonds issued...
Apr 14, 2015 17:51 pm UTC| Research & Analysis
Most of Canadas speculative-grade exploration and production (EP) companies are well positioned to withstand the current slump in oil prices, Moodys investors Service says in a new report. Nevertheless, they must manage...
Moody's: Global speculative-grade default rate rises to 2.3% in first quarter
Apr 14, 2015 15:37 pm UTC| Research & Analysis
The trailing 12-month global speculative-grade default rate finished the first quarter of 2015 at 2.3%, up from 2.1% in the fourth quarter of 2014, Moodys Investors Service says in its latest monthly default report. The...
Fitch: Seeking Growth, Mexican Banks Acquiring Loans
Apr 13, 2015 17:47 pm UTC| Research & Analysis
Two recently announced acquisitions of retail loan portfolios by Mexican banks are notable steps toward achieving some business expansion amid the sluggishness facing the Mexican banking sector, says Fitch Ratings. We...
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