Bonds http://www.globalpost.com/taxonomy/term/41074/all en Woori Finance-shareholder meeting http://www.globalpost.com/dispatch/news/yonhap-news-agency/130321/woori-finance-shareholder-meeting <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 22 (Yonhap) -- Woori Finance Holdings Co., the country's largest lender by assets, will continue to push ahead with its privatization plan this year to bolster its market presence, the company head said Friday.</p> <p>"Following the launch of the new government, Woori Finance will continue to make privatization efforts to become the world's 50th and Asia's 10th largest financial group," Chairman Lee Pal-seung told an annual shareholder meeting.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130321/woori-finance-shareholder-meeting" target="_blank">read more</a></p> Bonds Business Economy of Vietnam Politics Woori Financial Group Yonhap News Agency Fri, 22 Mar 2013 02:46:21 +0000 5790579 at http://www.globalpost.com URGENT ¥¥¥ Italian bond rates slightly lower in 10-year auction http://www.globalpost.com/dispatch/news/afp/130327/urgent-italian-bond-rates-slightly-lower-10-year-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Italian borrowing rates fell slightly in a 10-year debt auction on Wednesday, despite concerns over a political deadlock in the recession-hit country following inconclusive elections.</p> <p>The government raised three billion euros (3.8 billion dollars) in bonds due to mature in 2023 at a rate of 4.66 percent, compared with 4.83 percent at the last similar auction on February 27.</p> <p>Italy also raised 3.91 billion euros in five-year bonds at a slightly higher rate than in the previous comparable sale.</p> <p>ahe/ide/wai</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> Bonds AFP Wed, 27 Mar 2013 11:31:01 +0000 5795194 at http://www.globalpost.com Argentina challenges U.S. court with bond plan http://www.globalpost.com/dispatch/news/thomson-reuters/130330/argentina-puts-forward-alternative-payment-plan-bond-dispute <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Nate Raymond and Hugh Bronstein</p> <p>NEW YORK/BUENOS AIRES (Reuters) - Argentina challenged a U.S. court over the weekend by proposing that "holdout" bond investors be repaid only about one sixth the money federal judges hearing the case say they are owed, setting the stage for a legal showdown in New York.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130330/argentina-puts-forward-alternative-payment-plan-bond-dispute" target="_blank">read more</a></p> Argentine debt restructuring Bankruptcy Bonds Economics Government debt Presidency of Néstor Kirchner Technology Thomson Reuters Sat, 30 Mar 2013 15:45:03 +0000 5797596 at http://www.globalpost.com Spanish borrowing costs fall at bond auction http://www.globalpost.com/dispatch/news/afp/130404/spanish-borrowing-costs-fall-at-bond-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Spain raised 4.3 billion euros ($5.5 billion) of medium and long-term bonds Thursday, more than it had targeted, at lower interest rates, despite market concerns over the financial crisis in Cyprus and the political stalemate in Italy.</p> <p>The Treasury had expected to raise 3.0-4.0 billion euros via the bond auctions, and demand outstripped supply by over two to one.</p> <p>The Treasury sold 589.9 million euros of five-year bonds at an average yield of 3.598 percent, down from 4.193 percent at the last similar auction held on March 15, 2012, the Bank of Spain said in a statement.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130404/spanish-borrowing-costs-fall-at-bond-auction" target="_blank">read more</a></p> Bonds Debt Government bonds AFP Thu, 04 Apr 2013 12:15:30 +0000 5801524 at http://www.globalpost.com Pension funds dig for yield in disaster insurance http://www.globalpost.com/dispatch/news/thomson-reuters/130408/pension-funds-dig-yield-disaster-insurance <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Sarah Mortimer</p> <p>LONDON (Reuters) - Pension funds are turning to specialist bonds that bet on the likelihood of a natural disaster, in a search for yield and returns that are not correlated to the rest of the market.</p> <p>What was once considered an exotic investment for specialists, catastrophe bonds, or "cat bonds", have gone mainstream.</p> <p>Pension funds accounted for 14 percent of direct investment in new cat bonds issued last year, from zero in 2007, according to data from reinsurer Swiss Re &lt;SRENH.VX&gt;.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130408/pension-funds-dig-yield-disaster-insurance" target="_blank">read more</a></p> Bonds Disaster Financial economics Types of insurance Thomson Reuters Mon, 08 Apr 2013 13:00:22 +0000 5805510 at http://www.globalpost.com Exclusive: Italy raises funding target, sees big potential Asia demand http://www.globalpost.com/dispatch/news/thomson-reuters/130416/exclusive-italy-raises-funding-target-sees-big-potential-asia-d <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Francesca Landini and Luca Trogni</p> <p>MILAN (Reuters) - Italy has raised its debt issuance target for this year by nearly 10 percent and is hoping to tap demand from Asian investors to meet the goal, its head of debt management told Reuters on Tuesday.</p> <p>In an interview, Maria Cannata said the treasury has lifted its gross funding target for 2013 to just over 450 billion euros (385 billion pounds) from a previous estimate of 415 billion euros.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130416/exclusive-italy-raises-funding-target-sees-big-potential-asia-d" target="_blank">read more</a></p> Bonds Economic history Economics Thomson Reuters Tue, 16 Apr 2013 15:30:24 +0000 5817458 at http://www.globalpost.com Moody's downgrades Slovenia, warns might need bailout http://www.globalpost.com/dispatch/news/afp/130430/moodys-downgrades-slovenia-warns-might-need-bailout <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The international ratings agency Moody's downgraded Slovenia on Tuesday to junk status, with a negative outlook, citing the state of the banking sector and a deterioration of the government's finances and warning that the eurozone member might need a bailout.</p> <p>Moody's said Slovenia's sovereign debt rating had been cut to "Ba1" from "Baa2", placing it in the speculative category, and added that uncertain funding prospects had heightened "the probability that external assistance will be needed".</p> <p>wai/gd</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> Bonds Finance Financial economics Moody's AFP Tue, 30 Apr 2013 18:46:46 +0000 5828749 at http://www.globalpost.com Bond yields too low? There's always Rwanda http://www.globalpost.com/dispatch/news/thomson-reuters/130508/bond-yields-too-low-theres-always-rwanda <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Carolyn Cohn</p> <p>LONDON (Reuters) - Last summer, euro zone member Spain was struggling to borrow money for 10 years at a yield below 7 percent. Last week, Rwanda had no trouble.</p> <p>Rock-bottom interest rates in the developed world have left investors scrambling for yield, while economies in the developing world are eager to raise capital to boost their economies and reduce their dependence on international aid.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130508/bond-yields-too-low-theres-always-rwanda" target="_blank">read more</a></p> Bonds Economics Financial economics Thomson Reuters Wed, 08 May 2013 22:42:10 +0000 5833845 at http://www.globalpost.com Exclusive: Philippines to stick to debt plan despite ratings upgrade - IFR http://www.globalpost.com/dispatch/news/thomson-reuters/130508/exclusive-philippines-stick-debt-plan-despite-ratings-upgrade-i <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>NOIDA, India, May 2 (IFR) - The Philippines will focus on the onshore market for its funding needs in 2013 rather than offshore even after the country sealed full investment-grade status with its second credit rating upgrade, Treasurer Rosalia de Leon said.</p> <p>The upgrade opens the door to fresh foreign capital because the Philippines is now eligible to be part of indices used to benchmark tens of trillions of dollars in investments.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130508/exclusive-philippines-stick-debt-plan-despite-ratings-upgrade-i" target="_blank">read more</a></p> Bonds Economics Government bonds Rosalia de Leon Technology Thomson Reuters Wed, 08 May 2013 23:15:48 +0000 5833863 at http://www.globalpost.com Fitch downgrades Slovenia on poor outlook http://www.globalpost.com/dispatch/news/afp/130517/fitch-downgrades-slovenia-poor-outlook <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>International ratings agency Fitch downgraded Slovenia on Friday by one notch, with a negative outlook, citing a deterioration of the government's finances and its worrying economic situation.</p> <p>Fitch said Slovenia's main debt rating had been cut to 'BBB+' from A- after the county's "macroeconomic and fiscal outlook has deteriorated significantly since Fitch's last rating review of the Slovenian sovereign in August 2012."</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130517/fitch-downgrades-slovenia-poor-outlook" target="_blank">read more</a></p> Bonds Economics Financial economics AFP Fri, 17 May 2013 17:17:09 +0000 5840387 at http://www.globalpost.com Korean investments in overseas securities hit over 3-year high in Q1 http://www.globalpost.com/dispatch/news/yonhap-news-agency/130529/korean-investments-overseas-securities-hit-over-3-year-high- <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, May 30 (Yonhap) -- South Korean institutions' investments in foreign securities hit an over 3-year high in the first quarter on their increased purchases of high-yielding overseas bonds, the central bank said Thursday.</p> <p>The value of foreign securities held by institutional investors totaled US$69.2 billion as of end-March, up 9.3 percent from three months earlier, according to the Bank of Korea (BOK).</p> <p>It marked the largest tally since such investment in overseas securities hit $70.3 billion as of end-2009, the central bank said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p><span>Copyright Yonhap News Agency, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130529/korean-investments-overseas-securities-hit-over-3-year-high-" target="_blank">read more</a></p> Bonds Investment United States housing bubble Yonhap News Agency Wed, 29 May 2013 21:45:36 +0000 5848315 at http://www.globalpost.com Analysis - After selloff, some dip toes back in emerging markets http://www.globalpost.com/dispatch/news/thomson-reuters/130630/analysis-after-selloff-some-dip-toes-back-emerging-markets <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Gertrude Chavez-Dreyfuss</p> <p>NEW YORK (Reuters) - The threat of less central bank stimulus and higher interest rates has crushed emerging markets more than most assets in the past two months, in some cases slashing the value of stocks and bonds in developing countries to levels not seen since the last financial crisis.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130630/analysis-after-selloff-some-dip-toes-back-emerging-markets" target="_blank">read more</a></p> Bonds Economics Financial economics Thomson Reuters Sun, 30 Jun 2013 13:35:15 +0000 5871639 at http://www.globalpost.com Analysis: After selloff, some dip toes back in emerging markets http://www.globalpost.com/dispatch/news/thomson-reuters/130701/analysis-after-selloff-some-dip-toes-back-emerging-markets <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Gertrude Chavez-Dreyfuss</p> <p>NEW YORK (Reuters) - The threat of less central bank stimulus and higher interest rates has crushed emerging markets more than most assets in the past two months, in some cases slashing the value of stocks and bonds in developing countries to levels not seen since the last financial crisis.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130701/analysis-after-selloff-some-dip-toes-back-emerging-markets" target="_blank">read more</a></p> Bonds Economics Financial economics Thomson Reuters Mon, 01 Jul 2013 14:33:18 +0000 5872534 at http://www.globalpost.com Analysis: After selloff, some dip toes back in emerging markets http://www.globalpost.com/dispatch/news/thomson-reuters/130701/analysis-after-selloff-some-dip-toes-back-emerging-markets-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Gertrude Chavez-Dreyfuss</p> <p>NEW YORK (Reuters) - The threat of less central bank stimulus and higher interest rates has crushed emerging markets more than most assets in the past two months, in some cases slashing the value of stocks and bonds in developing countries to levels not seen since the last financial crisis.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130701/analysis-after-selloff-some-dip-toes-back-emerging-markets-0" target="_blank">read more</a></p> Bonds Economics Financial economics Thomson Reuters Mon, 01 Jul 2013 20:33:14 +0000 5872916 at http://www.globalpost.com New York's MTA to sell $125 million 'catastrophe' bond http://www.globalpost.com/dispatch/news/thomson-reuters/130715/new-yorks-mta-sell-125-million-catastrophe-bond <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Sarah Mortimer</p> <p>(Reuters) - New York's Metropolitan Transportation Authority (MTA), the biggest transportation network in North America, is selling a $125 million "catastrophe" bond designed to cover the costs of damage from a future storm or hurricane, investors said on Monday.</p> <p>The MTA, which suffered a $5 billion hit from Hurricane Sandy in October 2012, will be able to offload the risk of incurring similar storm-related losses to investors, who will receive a yield in return for agreeing to pick up future repair bills.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130715/new-yorks-mta-sell-125-million-catastrophe-bond" target="_blank">read more</a></p> Bonds Disaster Insurance Types of insurance USD Thomson Reuters Mon, 15 Jul 2013 22:33:37 +0000 5884745 at http://www.globalpost.com