BondEvalue

BondEvalue is a Singapore based Fintech company that focuses on Asian bond markets. Follow @BondAlerts for updates on the bond market.

[BondEvalue @BondEvalue]

MACRO | GAINERS & LOSERS | NEW BONDS

US equity markets dropped on Tuesday after being closed on Monday due to President's Day holidays. Read the full update: https://t.co/jPU5Vhko7w

#bondalerts #bonds #Markets #SPGlobal #NASDAQ

[BondEvalue @BondEvalue]

HSBC

#HSBC reported that it more than doubled its Q4 profits. Q4 2021 net profits were up $1.1bn to $2bn and its annual net profits were up $8.6bn to $14.7bn. Read more here: https://t.co/GOkIZ5Dijb

#bondalerts #bonds #Markets #Q4profits

[BondEvalue @BondEvalue]

RONSHINE

#Ronshine China #downgraded to B- from B by #Fitch reflecting increasing uncertainty over the refinancing of its capital market maturities in H2 2022. Read more here: https://t.co/jEnfSUntIN

#bondalerts #bonds #Markets #capitalmarket #refinance #ratings

[BondEvalue @BondEvalue]

MACYS

Macy's was #upgraded to investment grade by #Fitch, making it a rising star. It was upgraded to BBB- from BB+ with a stable outlook. Read more here: https://t.co/ajikMPelcT

#bondalerts #bonds #Markets #macys #creditratings

[BondEvalue @BondEvalue]

UNIFIN

Mexican lender #Unifin is planning to issue Mexican Peso denominated bonds this week. Read more here: https://t.co/dGo8lV9SmY

#bondalerts #bonds #Markets

[BondEvalue @BondEvalue]

#RussiaUkraineTension

US President Joe Biden launched a fresh salvo of sanctions on Russia, calling that latter's move into eastern Ukraine as the "beginning of an invasion". Read more here: https://t.co/kYZYO6E4yX

#bondalerts #bonds #Markets #RussiaUkraineCrisis

[BondEvalue @BondEvalue]

Concerns over a new wave of regulatory crackdowns across China's tech sector have taken over investor sentiment. Read here: https://t.co/da8yHOHByf

#bondalerts #Markets #bonds

[BondEvalue @BondEvalue]

MACRO | GAINERS & LOSERS | NEW BONDS

US equity markets were closed due to President's Day holidays. The US 10Y Treasury yield dropped 7bp to 1.86% on the back of risk-off sentiment due to Russia-Ukraine tensions. https://t.co/Jw17ywt0gb

#bondalerts #bonds #Markets

[BondEvalue @BondEvalue]

#Zhenro Properties was #downgraded to Caa2 from Caa3 by Moody's and to C from B by Fitch. Read more here: https://t.co/gxWf0yt2Fs

#bondalerts #bonds #Markets #creditratings

[BondEvalue @BondEvalue]

Electricite de France (EDF) was #downgraded to Baa1 from A3 by Moody's and to BBB from BBB+ by S&P. Read more here: https://t.co/YSByzMIlob

#bondalerts #bonds #Markets #EDF #moodys

[BondEvalue @BondEvalue]

#RussiaUkraineTension

Russian President Vladimir Putin announced that he was considering declaring independent two separatist eastern Ukraine regions, Donetsk and Luhansk. Read more here: https://t.co/uBTHWdZmsm

#bondalerts #bonds #Markets #RussiaUkraineCrisis

[BondEvalue @BondEvalue]

VEDANTA

Vedanta said that it has earmarked $15bn as part of its entry into the electronic chip and display manufacturing space alongside an overall plan to invest as much as $20bn. Read more here: https://t.co/IfhEIX1qOo

#bondalerts #bonds #Markets #Vedanta

[BondEvalue @BondEvalue]

Mumbai International Airport has hired banks as part of a debut USD-denominated bond issuance with proceeds going towards refinancing existing debt and capital expenditure purposes. Read more here: https://t.co/50N04MBgAr

#bondalerts #bonds #Markets

[BondEvalue @BondEvalue]

MACRO | GAINERS & LOSERS | NEW BONDS

S&P and Nasdaq were lower again on Friday with the indices down 0.7% and 1.2% respectively. Read the full update: https://t.co/7wxTtYXTZy

#bondalerts #bonds #Markets #SPGlobal #NASDAQ

[BondEvalue @BondEvalue]

THE WEEK THAT WAS

US primary market issuances rose over 2.4x to $27.5bn vs. $11.4bn in the week prior. All of last week's new deals were from investment grade (IG) corporates with no deals from high yield (HY) corporates. https://t.co/ZeFKhBJ5aM

#bondalerts #bonds #Markets

[BondEvalue @BondEvalue]

UNIFIN

Mexican lender #Unifin bonds fell due to concerns among investors over the lender’s ability to tap the bond market and refinance debt due in 2023. Read more here: https://t.co/VYruEHohvo

#bondalerts #bonds #Markets

[BondEvalue @BondEvalue]

#Zhenro

Zhenro Solicits Consent on Waivers/Amendments Regarding Perp due to Insufficient Funds
Read more here: https://t.co/gHDaxZuZK4

#bondalerts #bonds #Markets

[BondEvalue @BondEvalue]

FUTURE GROUP

Troubled Indian retailer Future Retail's lenders allowed the company to make interest payments of $14mn on its 5.6% dollar bond due 2025. Read more here: https://t.co/SfuVl0N51B

#bondalerts #bonds #Markets #futuregroup

[BondEvalue @BondEvalue]

RUSSIA-UKRAINE TENSIONS

In a last ditch effort towards diplomacy, French President Emmanuel Macron proposed to hold a summit for US and Russian leaders. Read more here: https://t.co/Lr3O0xxSPx

#bondalerts #bonds #Markets #RussiaUkraine

[BondEvalue @BondEvalue]

Singapore is set to issue its first sovereign #greenbond as part of an environment-focused financing plan to issue up to S$35bn ($26bn) in green bonds by 2030 to fund public sector green infrastructure projects. Read more here: https://t.co/cRpv9e3iqQ

#bondalerts #bonds #Markets