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Foreign Bonds


ECONOMYNEXT – Holdings of Sri Lanka’s international sovereign bonds have tripled in the past five years to 2019, as the last administration embarked on an unusual borrowing frenzy, the Minister of State for Finance said and in Capital Markets, Nivard Cabraal. Cabraal was governor of the central bank until 2015. “At the end of 2014, …

By Akshay Chinchalkar The years of corporate scandals in India have honed the skills of the country’s fund managers in stock picking to such an extent that they can now consistently beat the choices of foreign peers and retail investors. According to data compiled by Bloomberg, an equally weighted basket of Indian stocks with high …

The Treasury Office. TMT FILE PHOTO The Treasury Office (BTr) has partnered with banks to allow small investors to purchase Retail Dollar Bonds (RDBs) that the government plans to issue this year. In a statement released on Monday, the Finance Department said that, according to BTr’s report to Finance Secretary Carlos Dominguez 3rd, several banks …

MANILA – The Treasury Office and the country’s major banks are working together to offer easy-term retail dollar bonds (RDBs) to small investors, the finance ministry said on Monday. The plan to offer RDBs to small investors this year is part of the Treasury Office’s efforts to diversify sources of funding for its operations as …

Reserve managers see potential in renminbi, expect International Monetary Fund to increase weighting in next Special Drawing Rights reassessment Special drawing rights (DTS) are additional foreign exchange reserves created, defined and maintained by the International Monetary Fund (IMF) since 1969, and their value initially expressed in gold. After the end of the Bretton Woods system …

International financial markets have opened a window for African governments to diversify their sources of funding from traditional multilateral institutions and foreign aid. For example, they can now borrow by issuing Eurobonds – these are international bonds issued by a country in a foreign currency, usually in US dollars and euros. South Africa was the …

ECONOMYNEXT – Sri Lanka printed enough money after a failed bond auction last week to potentially wipe out foreign exchange reserves equivalent to a central bank swap being negotiated with Bangladesh, according to official data. Shares of the central bank’s treasury reached Rs.1194 billion on August 2, the bond settlement day up Rs 53.9 billion …

Remarks / Observations – The RBA was deemed hawkish because it maintained the reduction in its obligations scheduled for September despite recent virus lockdowns. Asia – The RBA left its cash rate target unchanged at 0.10% and kept its 3-year yield target at 0.10% (both as expected). Reiterated his prediction that the conditions for raising …

International markets and related exchange-traded funds maintained their momentum on Friday, with European equities closing at an all-time high, as a strong earnings season and favorable monetary policy outlook from the European Central Bank helped offset the concerns about the more contagious variant of Covid-19 Delta. “Monday’s liquidation appears to be a brief moment of …

But what is most interesting from an international relations perspective are the ideas that form the basis of Putin’s new Russian doctrine of IR, which treats civilization as a powerful frame of reference in interstate relations. In the cases of Russia, Ukraine and Belarus, cultures can transcend other formal associations. “The Russians, Ukrainians and Belarusians,” …