African Development Bank sells hybrid note in development finance first cnbcafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbcafrica.com Daily Mail and Mail on Sunday newspapers.
Ghana is aiming for a simple
debt restructuring to exchange old bonds for new notes,
according to five sources with direct knowledge, as the country
seeks relief on some $13 billion owed to. -January 30, 2024 at 10:12 am EST
- MarketScreener
The African
Development Bank has sold its long-awaited hybrid capital
note, the first financing of its kind for multilateral
development banks, which are under increasing pressure to find
ways to. -January 30, 2024 at 03:31 pm EST
- MarketScreener
JPMorgan extends Venezuela s watch period in benchmark bond index streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
JPMorgan has delayed a key decision on whether to lift the weighting of Venezuela's bonds in its widely-followed EMBI index series by a month, with the next update due by Feb. 29. The move came as the United States reintroduced some sanctions on Venezuela after President Nicolas Maduro's main opposition rival, Maria Corina Machado, was barred at the weekend from running in the upcoming elections. Venezuela's bonds and those of its state oil firm PDVSA have had a "zero weighting" in JPMorgan's influential index since 2019 when Washington banned U.S. investors from trading them as part of a plan to put pressure on Maduro's administration.