IFC, a member of the World Bank, issued a 10-year, 10 billion Indian rupee bond (equivalent to $163 million) to increase foreign investment in India, mobilizing international capital markets to support infrastructure development in the country.
Should one expect a huge differential in interest rates? Undoubtedly. According to René Defossez, having said that, this differential should be far more pronounced at the short end of the curve than at the long end. The reason is that short rates will be influenced directly by monetary policy, whereas long rates will remain more or less protected by many factors...
Prudential Retirement Insurance and Annuity Company (PRIAC), a Prudential Financial, Inc. (PFI) company has announced that it will provide reinsurance to UK based insurer...
Investors representing over two trillion dollars of assets under management as of September 23, issued an Investor Statement on Green Bonds and Climate Bonds, committing to grow a global market in the financing of climate change solutions. At the same a group of 13 development banks, investors and issuers committed themselves to further developing the Green Bonds market.
According to SNL Financial, for Germany's banks, the ECB stress test highlights poor returns and profitability, rather than their asset quality.