Gregory Smith

Aug 14, 2023 | bondvigilantes.com | Gregory Smith

Gabon has recently issued a debut $500 million blue bond, arranged by Bank of America and the Nature Conservancy. Credit enhancements, including political risk insurance from US International Development Finance Corporation (DFC) ensured the bond had an Aa2 rating from Moody’s, a level much higher than the sovereign’s Caa1/B credit rating. These debt-for-nature deals are pitched as kill-two-birds-with-one-stone solutions, as they aim to conserve nature and lower debts.

Jul 11, 2023 | bondvigilantes.com | Gregory Smith

Today is World Population Day, an event accompanied by some mid-blowing stats. Whilst demographics shift too slowly to matter in a given year, when viewed over a longer time horizon they are a megatrend that investors cannot ignore. First to note is that the world population clock recently ticked past the 8 billion mark, double the number of inhabitants in 1973 (according to the United Nations).

Jun 23, 2023 | bondvigilantes.com | Gregory Smith

During this Fed hiking cycle emerging markets have been split into two camps. The first group includes sovereigns with investment grade credit ratings, plus the stronger double-Bs (for example, Morocco), whose spreads have not been elevated. They’ve enjoyed market access as and when they need it, albeit at a slightly higher cost than in previous years. The second group includes high-yield emerging markets, a.k.a. the ‘frontier’, who have experienced Himalayan high spreads for well over a year.

Jun 23, 2023 | news8.de | Gregory Smith

The global Prosthetic Joint Infections Treatment market 2023 research report presents the current market size, share, position, and the future scope of the global Prosthetic Joint Infections Treatment industry. It also highlights the upcoming challenges and novel opportunities in the Prosthetic Joint Infections Treatment market. The global Prosthetic Joint Infections Treatment market report demonstrates the trends and technological advancement in the Prosthetic Joint Infections Treatment industry.

May 30, 2023 | bondvigilantes.com | Gregory Smith

One of the key motivations for investing in emerging markets is their economic dynamism. This is evidenced by any pick-up in emerging markets’ growth over advanced economies. There is good news. The IMF forecast that the global economy will grow, this year, and over the next few years – even if a couple of advanced economies slip into recession.