Governments and agencies
Sovereign risk weights under threat
Weight gain
Sovereigns wrestle with debt impact of CSAs
Kiss of debt
Tackling the Californian deficit
The state we're in
Fears about California budget "valid", says state treasurer
Lockyer warns California may miss budget revenue targets
Roubini: Eurozone restructurings will leave bondholders facing losses
Government debt levels in peripheral Europe mean restructurings cannot be avoided, economist Nouriel Roubini tells Credit magazine.
US municipalities wary of two-way CSAa
Cornered on collateral
Australia infrastructure changes may reduce role of PPP as inflation payers
Private sector calls on Australian government to underwrite payments for PPP projects
Binge then bust
Politicians have recently expressed alarm at a cross-currency swap conducted between Greece and Goldman Sachs in 2001, which allowed the sovereign to reduce the debt it reported in its public accounts. But other examples now coming to light show the…
A race against the future - how governments are tackling the issue of rising state pension costs
Reforming state pensions is a top priority in Europe as governments attempt to plug huge deficits exacerbated by the global financial crisis. Andrew Sheen examines the current state of European pensions
Finra scrutinises muni-bond market; US Treasury creates Consumer Financial Protection Agency
The US Financial Industry Regulatory Authority (Finra) has launched an investigation into financial institutions' underwriting derivatives contracts used by US municipals to finance debt at lower costs.
Return of the linker
Inflation
US municipal market faces clean-up under new rules
The municipal bond market in the US is still largely in a state of disarray, well over a year after the collapse of the auction rate securities (ARS) sector, though signs of recovery are visible in the fixed-rated debt market, congressmen have heard.