debt-instruments
Top StoriesRussia Makes Last-Gasp Dollar Bond Payments in Bid to Avoid Default
Top StoriesTelecom Italia Seeks 3 Billion Euro Credit Line With State Guarantee – Sources
Top StoriesRussia’s Rosselkhozbank Says Sanctions Impeding Efforts to Honour Debt Obligations
Top StoriesRussia to Pay Eurobonds in Roubles as Long as Reserves Remain Blocked
Global Bond Sales to Cross $10 Trillion in 2022 -S&P
Date: April 5, 2022
LONDON (Reuters) -Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report. Despite an economic recovery, borrowing will stay elevated because of high debt rollover requirements and war in Ukraine, the ratings agency said in an annual note. While...
U.S. Stops Russian Bond Payments in Bid to Raise Pressure on Moscow
Date: April 5, 2022
By Megan Davies and Alexandra Alper NEW YORK/WASHINGTON (Reuters) -The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars. Under sanctions put...
Bankruptcy and Insolvency: The Key Differences You Should Know
Date: March 30, 2022
Did you know you can’t be bankrupt without being insolvent but can be insolvent without being bankrupt? The word “insolvency” has become a generic term for when a business cannot repay its debts. It can also mean when a company faces financial ruin. In either case, the result is the same – Insolvency. However, bankruptcy...
Russia Launches Eurobond Rouble Buyback Offer on Looming $2 Billion Bond Payment
Date: March 29, 2022
By Karin Strohecker LONDON (Reuters) -Russia has offered to buy back dollar bonds maturing next week in roubles in a move seen by analysts as helping local holders of the $2 billion sovereign issue receive payment, while also easing the country’s hard-currency repayment burden. The finance ministry offer on Eurobonds maturing on April 4, Russia’s...
Debt Awareness: How Can Financial Service Providers Improve?
Date: March 25, 2022
Craig Wilson, Head of Private Sector, Sopra Steria The Chancellor’s Spring Budget is a stark warning of how over 2.2 billion low-income households struggle with the rising cost of living every day. In the wake of the well-documented economic hardship caused by the pandemic, many have lost jobs, businesses, and their livelihoods. This situation has...
Rouble Steadies Near 104 vs Dollar, Russia Pays Eurobond Coupon
Date: March 22, 2022
(Reuters) – The Russian rouble hovered around the 104 mark to the U.S. dollar most of the trading session in Moscow on Tuesday, lacking momentum for larger moves, while government OFZ bonds stabilised with the help of the central bank. Russia confirmed its ability to service debt by paying a coupon on its Eurobond due...