The PLDT Group, which recently faced another debacle, is expected to be shielded from serious financial impact in the long term given its stable credit fundamentals and additional buffer from…
Analysts at CreditSights said they would see a coupon of over 8% as offering fair value.
Volatility of the broad fixed-income indices continues to exceed “pre-pandemic levels, making it more expensive for dealers to hedge their inventories, adding to the incentive for them to take a…
As part of such a transaction, the company needs to enter into a trade known as an interest-rate swap with a bank, which essentially turns the bond the corporation issued…
“The banks are probably breathing a sigh of relief especially those that were committed to the unsecured piece,” said Davis Hebert, senior analyst at CreditSights Inc. “It would’ve been difficult…
The ratings upgrade, “that affirms what the market has recognized, that the state’s political leadership has shown a willingness to address the accumulated financial problems,” said Patrick Luby, a CreditSights…
Yield-seeking looks to be the main reason behind China’s shift from US Treasuries to agency mortgage-backed securities, said Zerlina Zeng a senior China credit analyst at CreditSights Inc. in Singapore.
CreditSights Senior Municipal Strategist Patrick Luby indicates that the overall picture is somewhat complicated: While municipal bond mutual funds are primarily dominated by individual investors, there is a significant number…
State Bank of India’s exposure to the embattled Adani Group is “well-manageable”, given its strong buffer of provision reserves, CreditSights, a unit of Fitch Ratings, said in a note on…
More gains could be in the offing, said Zerlina Zeng, senior credit analyst at CreditSights Inc., as the high-yield market is “still trading wide compared to their pre-Covid levels and…