Articles tagged with:
credit ratings

  • Panda bear playing in tree

    Panda bonds come to life

    China is home to the world’s third largest bond market, but for international corporations, it has traditionally been underutilised as a source of financing, despite its great potential. This is beginning to change. Here we take a look at the history of the Panda bond market and its growing appeal to corporate borrowers.

  • Old keys hanging from ceiling with one key in the spotlight

    Have you considered asset-based lending?

    Once regarded as a solution for companies in financial difficulty, asset-based lending is now becoming a key tenet of a corporate funding strategy.

  • Baby panda sleeping in tree

    Panda bonds: beyond black and white – part two

    Last week, Treasury Insights looked at the development of the Panda bond. Now we look at what is holding the international community back from issuing Panda bonds and what can be done to change this.

  • Panda sitting in a tree

    Panda bonds: beyond black and white – part one

    China is home to the world’s third largest bond market, but for international corporations it has traditionally been under utilised as a source of financing, despite its great potential. But this is beginning to change. Here we take a look at the history of the market and its growing appeal to corporate borrowers.

  • Colourful dreamcatchers

    Agents of fortune: the value of a credit rating

    A credit rating is generally a requirement of public bond issuance and for some companies is an essential means of accessing debt markets. We look at what it means to be rated.

  • Knight wearing armor and holding a sword with both hands

    Banks rush to defend SCF

    Ratings agencies and regulators are demanding more transparency around supply chain finance. But is the use of SCF to disguise leverage as common as has been implied? The banks think not.

  • Close up of dart hitting bullseye

    Ratings agencies take aim at SCF

    If your company has a supply chain finance programme, it may be a good idea to have a chat with your ratings agency about it.

  • Sand timer running out of time

    New realities call for new policies

    Central bank measures are causing your bank deposits to yield in the negative, but your investment policies prohibit you from investing in products that don’t produce positive returns. Regulatory changes mean that your money market fund is switching to floating net asset value (VNAV), but your investment policies prohibit you from investing in all but CNAV funds. Is it time to update your investment policies?

  • Three japanese swords

    Fitch downgrades Japan to ‘A’ rating

    Fitch Ratings has downgraded Japan’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A+’. The issue ratings on Japan’s senior unsecured foreign and local currency bonds are also downgraded to ‘A’ from ‘A+’. The Outlooks on the Long-Term IDRs are Stable. The Country Ceiling is downgraded to ‘AA’ from ‘AA+’ and the Short-Term Foreign Currency IDR is downgraded to ‘F1’ from ‘F1+’.

  • Asia style zigzag bridge

    New rule requires credit ratings for corporate bonds in Vietnam

    (Business Times) –

    Domestic enterprises will have to get credit ratings for their bond sale plans from 2020 as required by the Prime Minister’s recent decision that approves a scheme to develop credit rating services in the country.