Mozambique continues at the heart of a dramatic debt scandal which has left investors in wait-and-see mode, according to five market participants polled by Debtwire. The government's USD 727m 10.5% 2023 bonds have scarcely traded since January despite many enquiries, said a trader.

APAC Chart of the Week: 22 March 2019

The 2009 financial crisis may have been global, but its effects in each country had a distinctly local flavour. None more so, perhaps, than the United Arab  Emirates, where a highly mobile population of expats faced potential jail time over bounced cheques or defaults on loans.

European Chart of the Week: 21 March 2019

There was little reaction in the Republic of Kazakhstan’s Eurobonds yesterday (19 March) following a surprise resignation announcement from the country’s President, Nursultan Nazarbayev, after almost 30 years in power, according to three analysts, a trader and a political risk analyst.

Debtwire, the provider of high value news, data and analysis on global debt markets, hasreleased research showing that Middle East & North Africa (MENA) syndicated loan issuance in 2018 outpaced bondsat USD 133 billion compared to USD 89.5 billion. 

Direct lenders have become an equal alternative to bank lending in Europe, taking close to half of all deal flow in 2018.

Turkish Eurobond issuance volume year-to-date (YTD) is already double that in 1Q18, following a deluge of Anatolian deals in March, according to a Debtwire analysis. Some USD 9.4bn worth of US dollar- and euro-denominated bonds have been issued so far this year, compared to USD 4.7bn in 1Q18.

Direct lending graduates to the main stage.

APAC Chart of the Week, 7 March 2019

US Chart of the Week, 7 March 2019

European Chart of the Week, 8 March 2019

With non-performing loan markets at a pivotal  point, investors set to expand geographical reach.