IHS expects the country’s economic growth to remain low over the next 12 months.
Latest in Tag: sovereign debt Highlight
Latest in Tag: sovereign debt
MERIS downgrades long- and short-term credit ratings of NBE, Banque Misr, and CIB
Bloomberg: Returns on Egypt government bonds continued to rise, despite the Moody’s downgrade
Prices rise as Cyprus refuses to accept EU rescue plan conditions, once again fears for stability of the eurozone
By Carolyn Cohn / Reuters LONDON: With refinancing becoming a giant headache for sovereign debtors across the globe, some struggling emerging economies are securing guarantees from richer nations or multilateral development banks to bolster their chances of selling bonds to wary investors. The guarantee provides the emerging country borrower with access to otherwise-closed international capital markets, …