War adds to challenges
The war in Ukraine could result in higher borrowing for Europe’s sovereigns but the funding apparatus is more sophisticated than in previous crises. By David Rothnie.
If anyone ever felt that being a public servant constituted an easy option reserved largely for those resistant to the rigours of the private sector, the past couple of years would surely have given them pause to reconsider their opinion. The Covid-19 pandemic threw up a myriad of hitherto unimaginable situations that needed to be addressed – none of them straightforward, none of them without cost. Those in power might have had the responsibility of making difficult decisions, but those decisions still had to be implemented – and funded....Read more
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The war in Ukraine could result in higher borrowing for Europe’s sovereigns but the funding apparatus is more sophisticated than in previous crises. By David Rothnie.
The Federal Reserve faces a tough task navigating between inflation and recession. By Simon Boughey.
Rising cost of borrowing could precipitate a wave of Eurobond defaults in Africa. By Jason Mitchell.
Asian capital markets have taken a beating from global inflation, lockdown measures in China and the war in Ukraine, which continue to hamper bond issuance from the region's SSAs. By Paolo Danese.
El Salvador's aspirations to be in the vanguard of the crypto bond market look to be on hold. By Ben Edwards.
Since the launch of the first sustainability-linked bond, the instrument has been warmly embraced by a diverse range of issuers. But SSAs have been notable by their absence. By Nick Herbert.
Egypt has called on a broad range of support and neighbours have rallied around as it navigates the impact of war in Ukraine. By David Rothnie.
The US government-sponsored enterprises are in danger of becoming seen as a perpetual political merry-go-round. By Simon Boughey.
Technology has made a dramatic impact in finance, yet the primary bond markets have been less affected. Its adoption in DCM will be piecemeal but it could become influential in some areas. By Nick Herbert.
Sovereign bond issuance from APAC in sustainable format is set to rise as the region’s countries aim to meet the UN’s SDGs by 2030. By Jonathan Rogers.