Sovereign bonds
Bank amends collateral rules for sovereign debt
Revisions adjust ‘narrow’ and ‘wide’ bands for eligible collateral; change is for liquidity reasons
Credit traders count cost of Xover versus long financials unwind
Trading talk: February 2011
Euro peripherals mull exchange deals: Gary Jenkins column
Chop and exchange
Markit offers exposure to emerging markets sovereign debt
Markit offers exposure to emerging markets sovereign debt
European government borrowing to 9.2% decline in 2011, says Fitch
A new report from Fitch Ratings suggests Europe's public finances are on the mend, reducing pressure to borrow in 2011
Portugal succeeds at auction but fails to sway analysts
Portugal sells $1.6 billion worth of government debt at auction, but commentators remain wary of fundamentals
Senior financial debt holders on alert for forced haircuts
Haircut horrors
SNB rejects Irish debt as collateral
Swiss National Bank excludes Irish sovereign debt and that of some Irish banks from list of collateral eligible for open market operations
In conversation with...Luke Spajic, Pimco
The head of European credit portfolio management at Pimco talks to Credit's Alex Monro about the ongoing Eurozone crisis, and the likely investment themes for 2011.
EFSF's Frankel: guarantees are "enough for the time being"
European leaders endorse EFSF model, as facility gears up for debut issuance of up to €5 billion
Ireland crisis ratchets up fears of further peripheral Eurozone woes
Contagion spreads: The Ireland effect
France public debt levels start to make credit investors twitchy
Is France losing its pluck?
Risk Italia Rankings 2010
A twist in the tail
Banks moving to build liquidity ahead of Basel III
Building up buffers
Irish bank CDS spreads keep rising
CDS spreads increases for Irish financials, but stabilise for eurozone peripherals
Merkel's EU bailout plan threatens Basel’s sovereign zero risk weights
Discussions are already under way behind closed doors, knock-on effects for bank capital could be substantial
Central banker Honohan expects IMF loan for Ireland
Trinity College's Lucey adds, "Thank God we have an honest central bank governor. He's the first official to call it as he sees it."
It's hard to argue that Indonesia is a better credit than Spain
Indonesia: better than Spain?
Sri Lanka bond cheers emerging market investors
Deals in Focus: Sri Lanka
Banking crisis in Ireland heightens fears of sovereign default
When the luck of the Irish ran out...
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.
Cranking up inflation supply
Issuance assured
EM investors should be wary of currency movements, says Payden & Rygel
Managing principals Robin Creswell and Kristin Ceva say currency volatility is a risk for local currency investments.
DMOs to Basel Committee: leave our bonds out of your buffers
New rules mean banks will have to load-up on government debt, but one apparent beneficiary - debt management offices - are against the idea