Fitch: Australian Covered Bond Issuance Down 28% YTD
May 18, 2015 23:37 pm UTC| Research & Analysis
Fitch Ratings says Australian covered bond issuance was down 28% (AUD2bn) when compared to the same period last year but up 33% (AUD1.3bn) from 4Q Zealand ended the quarter with ANZ Bank New Zealand Limited (...
Moody's: Europe's high-yield bond issuance misses last April's record
May 18, 2015 23:22 pm UTC| Research & Analysis
European high-yield bond volumes were solid in April 2015 at $18 billion, but remained well below the $27 billion recorded in April 2014, says Moodys Investors Service in the May edition of its "High Yield Interest --...
Fitch Publishes Chilean Banks Performance Dashboard
May 18, 2015 20:40 pm UTC| Research & Analysis
Fitch Ratings has published a dashboard report for the Chilean banking sector.Chilean banks 1Q15 earnings have been mildly affected by lower inflation and the economic slowdown. However, asset quality and capital levels...
Fitch: Oil and Gas Reserves Strong for Now; Pain Deferred Until Next Year
May 18, 2015 13:39 pm UTC| Research & Analysis
Oil and gas reserve growth was strong in 2014 with a median increase of 11% from the year prior, according to a Fitch Ratings study of 28 independent exploration and production (EP) companies. However, Fitch expects...
Moody's: Outlook stays negative for Kazakhstan's banking system
May 18, 2015 11:24 am UTC| Research & Analysis
Unchanged since 2008, the banking system outlook is negative for Kazakhstan (Baa2 stable), says Moodys Investors Service. Over the 12-18 month outlook period, Moodys central scenario is for a 20% devaluation in the local...
Moody's: Japanese regional banks facing pressure to take more risks to maintain asset yields
May 18, 2015 07:36 am UTC| Research & Analysis
Moodys Japan K.K. says that continued negative pressure on asset yields -- as a result of the Bank of Japans extremely accommodative monetary policy -- may encourage greater risk taking by Japans regional ...
Moody's: Government support key element in rating Chinese banks
May 18, 2015 03:17 am UTC| Research & Analysis
Moodys Investors Service says a key element in its rating of Chinese banks is the level of government support that the banks receive. "The overall support that the Chinese authorities provide to Chinas banking system is...