Hints and tips:
...But the EU promised at the summit to help shore up Africa’s green bond market by sharing expertise through the Global Green Bond Initiative....
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
...But two of the bonds — maturing in 10 and 30 years’ time — will not be subject to those requirements....
...They’re the latest examples of blue-chip companies eschewing banks and bond markets to borrow from the private capital industry’s $1.4tn war chest instead....
...invested in bonds....
...The [US Federal Trade Commission], SEC, and other federal agencies exist to regulate bad products. This is what governments do....
...The prime example of fledgling change, according to rating agencies and some investors, is the court-led restructuring of Peking University Founder Group....
...Other committee members include China’s national banking and insurance regulator and the cash-strapped government of Hebei province, whose failure to pay China Fortune for work on infrastructure projects...
...An IAG spokesperson highlighted the sale of its BCC stake as “part of IAG’s decision to focus on core general insurance, which meant the exit from a number of agencies which sold niche insurance products...
...According to rating agency Moody’s “the recent proliferation of net-zero targets . . . is expected to raise credit risk and reduce the availability, and increase the cost, of capital for carbon intensive...
...Rather, Mr Suga will move to review the authority of all ministries and agencies, and is likely to further promote deregulation as a growth strategy....
...Kroll Bond Rating Agency last week wrote that it expected delinquency rates in the consumer loans it tracks to rise, but it added that “the passage of the $2tn federal stimulus package on March 27, as well...
...A year ago, several European insurance companies including HDI and Signal Iduna bought stakes....
...Warrington and Leeds councils are set to issue such bonds later this year, and three further schemes are in development....
...That became clear as the market meltdown began on February 21 and corporate bond, loan and equity markets all gummed up....
...And that risk exposure lurks even in municipal bonds from across the country....
...This time the impact is broader and, in a worst-case scenario, could result in a slimmed down version of Dubai Inc....
...However, in March JPMorgan asked the US Securities and Exchange Commission for permission to block its resolution. The agency said no — resulting in Tuesday’s acrimonious, wafer-thin vote....
...The insurers have started managing funds of catastrophe bonds and other insurance-linked securities....
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...“Going into the last cycle, leveraged loans and high-yield bonds were mainly held by institutions,” said Bruce Bennett of Jones Day, referring to the banks and insurance companies that previously dominated...
...Those community bonds are, in turn, vital for keeping creators loyal to YouTube at a time when video producers and online personalities have more alternatives than ever to reach their audience....
...He has been much helped by a New York development agency’s tax-exempt bonds, but is he making a return on his investment yet? “We’re not there yet,” he laughs....
...Read more European shares stall as bond yields ease For market updates and comment follow us on Twitter @FTMarkets...
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