Corporate bond market participants are starting to look for alternative ways to trade bonds as regulations put the squeeze on the amount of liquidity in the banking system.
The prospect of a gradual rise in long-term interest rates in the US is significant for the highest grade sovereign, supranational and agency issuers, but there are other factors helping maintain healthy demand for their bonds.
Europe’s equity capital markets picked up in 2013 after three years of declining volumes. Equity bankers are confident that this year will be just as busy, even if supply from Europe’s banks – traditionally the biggest issuers – wanes.
Advanced economies such as the US and the eurozone enjoy enormous privilege as issuers of international currencies, says Taiwan’s central bank governor. This power needs to be tempered with a responsibility to promote economic stability on a global scale.
While Portugal has moved out of recession – just – its recovery seems tentative at best. Its economy minister, however, is optimistic about the country's future, and tells Silvia Pavoni that its strong exports to countries outside of the eurozone in particular point to better times ahead.
The days of double-digit growth in China may be over, but the rest of the world has little reason to fear, says Jim O’Neill.
Francophone west Africa’s regional stock exchange, the BRVM, suffers from low turnover and a lack of listings. But its chief executive tells Paul Wallace he is determined to change that and bring about closer ties with Nigeria and Ghana’s stock markets.
A groundswell of support for green finance means headway is being made in the transition to a low-carbon economy, with new sustainable models of finance, the issuance of green bonds and initiatives to level the playing field among banks.
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