Corporate bonds

Why Kenya needs a recovery in the corporate bond market now

Ideas & Debate Why Kenya needs a recovery in the corporate bond market now Wednesday, June 30, 2021 Investment brokers at the Nairobi Securities Exchange (NSE) in Nairobi. PICTURES | TO FILE Since the successful issuance of the 25 billion shilling KenGen #ticker:KEGN public infrastructure bond in 2009, the local corporate bond market has yet […]

Corporate bonds

Expect another strong year for corporate bonds

In the year ending May 31, corporate bonds returned 2.6%, compared to -4.4% for Government of Canada bonds and -3.5% for provincial bonds,” said Patrick O’Toole, Vice President, Global Fixed Income, CIBC Asset Management. Although this outperformance will not be as significant in the coming year, strong economic growth and low default risk should once […]

Corporate bonds

Fed must say ‘it won’t buy corporate bonds anymore’ to break ‘feedback loop’, says bond CIO

Say it, if you mean it. Brad Tank, director of fixed income investments at Neuberger Berman, believes the Federal Reserve will have a hard time telling investors the party is over, even if it never plans to support the corporate bond market again. US $ 10.7 trillion. “There now appear to be two types of […]

Credit score

How to Use a Personal Loan to Boost Your Credit Score

You can use a personal loan to build credit and boost your credit score, but be sure to consider the ways borrowing could hurt it, too. (iStock) A personal loan can be a valuable financial tool for paying off debt. From paying an unexpected medical bill to consolidating high-interest debt, there are many possible uses […]

Credit score

What Does Your Equifax Credit Score Mean Now – Which One? News

Credit reference agency Equifax has updated its credit score scale to help customers better understand how their credit information may be viewed by a lender and whether a credit application is likely to be approved. Equifax collects data about you to build your credit report and this information is used to generate your Equifax Credit […]

Credit score

Financing a car purchase? Your credit score may seem higher than you thought

You may not realize that when you take out an auto loan, your FICO Auto Score is used. This gives a little more weight to your history of auto loans and leases, as well as other installment loans. Auto dealer inventories remain tight, but buyers are undeterred, with sales of new and used vehicles hitting […]

Credit score

What is a credit score?

A credit score is a three-digit number used by lenders to assess your creditworthiness. Credit scores let lenders and creditors know how risky you are as a borrower, indicating your ability to pay your bills on time. This number guides their lending decisions on credit limits, loan terms, and interest rates. How do credit scores […]

Corporate bonds

Bitcoin: MicroStrategy sells corporate bonds to buy Bitcoin

MicroStrategy Inc. is borrowing $ 400 million to buy more Bitcoin while reducing the value of its existing holdings. This is the very first sale of junk bonds used to fund purchases of the volatile cryptocurrency. The Tysons Corner, Va.-Based enterprise software company said in a document Monday that senior secure tickets would be available […]

Corporate bonds

Fed sale of corporate bonds could lead to ‘hiccups’ in debt issuance: Moody’s

Diving Brief: JThe Federal Reserve could cause “temporary disruption” in debt markets as it begins this month to wind down an emergency bond-buying program it created in March 2020 to ease pandemic-induced turmoil in the corporate debt market, Moody’s Analytics said in a report. “It’s easier for the Fed to get into a market than […]

Corporate bonds

Sebi streamlines centralized database framework for corporate bonds

Market regulator Sebi on Friday streamlined the centralized database framework for corporate bonds to further facilitate access to information for investors. By virtue of this, he provided an updated list of which data fields to keep in the database as well as how to classify them, Sebi said in a circular. The regulator also clarified […]

Credit score

When it’s okay to drop your good credit score

If you’ve worked hard to get and maintain a good credit score, it can be upsetting to see it plummet. But “life happens, and sometimes how you react is going to explode and affect your credit score,” says credit expert John Ulzheimer. People are losing their jobs, cars are breaking down and pipes are leaking. […]

Corporate bonds

Federal Reserve cancels emergency purchases of US corporate bonds

The Federal Reserve said it would start selling the corporate bonds and fixed-income funds it bought to stabilize the financial system last year, undoing unprecedented emergency measures that electrified markets. and drives down borrowing costs for companies reeling from the pandemic. The U.S. central bank said on Wednesday that assets acquired through its so-called Secondary […]

Corporate bonds

Another concern: Corporate bond yield spreads are widening

Photo by JamesBrey/iStock via Getty Images The riskiest assets in the bond market are showing widening spreads, with investors seemingly shying away from investing in the riskiest stocks as inflation fears mount. According to Joe Rennison in the FinancialTimes, “riskier assets have now started to show signs of caution.” The extra yield above Treasuries that […]