This page aggregates all research regarding covenants published by Moody's Investors Service.
  • 概要
  • レポート

    10 May 2021|Moody's Investors Service
    Emerging markets (EM) covenant quality scores weaken further. The average covenant quality score for full-package EM bonds issued in the six months ended 31 March 2021 weakened by 3% to an all-time weakest level of 3.56 (weak ↑) from 3.45 (weak ↑) for the six months ended 30 September 2020.

    03 May 2021|Moody's Investors Service
     The LCQI weakened by 36 basis points to 4.47 in Q4 2020, as a resurging market allowed borrowers to refinance on terms much more friendly than what were available in the first half of 2020.
    21 Apr 2021|Moody's Investors Service
    The CQI improved to 4.34 (weakest) in Q1 2021 on a record 168 bonds, double the long-term quarterly average of 84. But the CQI is still 4% weaker than its long-term average of 4.18 (wea).

    13 Apr 2021|Moody's Investors Service
    First quarter 2021 CQ score improves modestly. The average covenant quality (CQ) score for Asian full-package high-yield bonds improved by 3% in Q1 2021 to 3.54 (weak ↑) from an all-time weakest quarterly score of 3.63 (weak) in the previous quarter.
    Bond Covenant Quality
    Bond Covenant Qualtiy Assessments
    Moody's Investors Service
    List of all Bond Covenant Quality Snapshots to date.
    Loan Covenant Quality
    Loan Covenant Quality Assessments
    Moody's Investors Service
    List of all Loan Covenant Quality Snapshots to date. 

    Evan Friedman
    SVP – Head of Covenant Research
    Jake Avayou
    VP-Senior Covenant Officer
    Enam Hoque
    VP-Senior Covenant Officer
    Derek Gluckman
    VP - Senior Covenant Officer
    Lisa Gundy
    VP - Senior Covenant Officer