Shifting sands: Thoughts were that by this stage in the cycle, interest rates around the globe would be on a clear downward trajectory. But what once appeared a well-defined path has been obscured by the shifting sands of geopolitical and economic uncertainty. Pre-existing troublesome situations that needed to be resolved have not been – and more have been added. The war in Ukraine drags on, while the Israeli-Palestinian conflict has reopened old wounds. Other potential flashpoints drift in and out of news reports, suitable solutions...Read more
To purchase printed copies or a PDF of this report, please email leonie.welss@lseg.com and shahid.hamid@lseg.com
MDBs are under pressure to maximise their lending capacity and attract the private sector to help finance it. Two strategies have emerged for raising additional capital from hybrid securities without affecting treasured Triple A ratings. By Nick Herbert.
Can recently elected chainsaw-wielding Javier Milei revive Argentina’s economy? By Ben Edwards.
Shorter-dated tenors could become more common as the UK Debt Management Office adapts to a changing investor base while remit sizes remain elevated. By David Rothnie.
African sovereigns are returning to the Eurobond market but the continent's debt crisis remains unresolved. By Jason Mitchell.
Conspicuous by its absence over a number of years, Brazil has finally come round to joining Latin America’s expanding sustainable bond market. By Ben Edwards.
The Middle East’s debt markets have had a robust first half of the year as more and more sovereign wealth funds look to help their countries diversify their economies away from oil and gas. By Jason Mitchell.
Japan has emerged from its lost decades and international investor interest has returned in force to propel the Nikkei 225 stock index into territory not seen since the 1980s. The market looks forward to even further gains. By Nick Herbert.
The direction of travel for the AIIB and the NDB has diverged since their founding, with the former emerging as a potential challenger to the hegemony of the World Bank, while the latter has struggled. By Jonathan Rogers.
