In a survey entitled ‘Reactions to “A Review of Corporate Bond Indices: Construction Principles, Return Heterogeneity, and Fluctuations in Risk Exposures”' researchers at EDHEC-Risk Institute have analysed industry reactions to a previous EDHEC-Risk study on corporate bond indices...
Lombard Odier Investment Managers' (LOIM) has combined its Global and Emerging Fixed Income teams into a single unit and hired a market strategist.
Fitch Ratings has assigned Hazine Mustesarligi Varlik Kiralama Anonim Sirketi's (Hazine) USD1.5bn of global certificates (Sukuk), due 26 March 2018, a 'BBB-' rating. The certificates have a profit rate of 2.803%.
In a new report, Fitch Ratings says that credit investment strategies need to adapt to less directional credit markets and exploit carry and relative value opportunities, while carefully managing rising duration, idiosyncratic and liquidity risks.
On Wednesday, January 16, 2013, the African Development Bank (AfDB), rated Aaa/AAA/AAA, priced a $1 billion fixed rate US Dollar Global benchmark due March 15, 2018. The transaction pays a coupon of 0.875 per cent and a spread of five basis points over Mid-Swaps...