Sovereign

Highlights

• 29 Jan 2013
  • Latin America 2013 government gross financing needs: continued fiscal consolidation lowers borrowing requirements
    Gross financing needs of the eight investment-grade Latin American sovereigns will amount to $339 billion, equivalent to 7.5% of GDP and a sizeable reduction from the $382 billion (9.2% of GDP) financing requirement in 2012. The positive momentum in sovereign creditworthiness over the past decade is likely to carry through 2013… Full Report
• 14 Jan 2013
  • Sovereigns in Asia-Pacific to maintain resilient credit fundamentals in 2013
    The credit profiles of the sovereigns are expected to improve relative to those in most other regions. Importantly, their banking systems are sound and will support growth without posing significant contingent risks to the sovereigns. The region will have the largest aggregate reserves, and a number of frontier markets may be of particular interest to investors… Press Release l Full Report
• 6 Dec 2012
  • US court ruling on Argentina's debt may have limited implications
    In theory a US Appeals Court ruling upholding the right of holdout creditors to be paid in full on Argentina's sovereign debt could make future sovereign restructurings more difficult. In practice the implications could prove limited, because other sovereign bond contracts can hold different or additional clauses… Press Release l Full Report