Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

Kazakh wealth fund’s BTA bond plunges on coupon worry

Posted on 21 June 2011

Kazakh sovereign wealth fund-owned bank BTA’s debt fell sharply on Tuesday as investors fretted over the bank’s financial strength ahead of upcoming coupon payments.
BTA underwent a debt restructuring last year after a 2009 default and its $2 billion bond due 2018 KZ053298877= fell more than 4 points on Tuesday to 73.4, according to Thomson Reuters data, giving a record high yield close to 20 percent……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15416 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031