High Interest Investment

Investment Grade Bond News

Philippines Said to Start Peso Bond Sale at DiscountThursday, September 9, 2010 @ 3:00AMThe Philippine government started a global sale of at least $500 million of peso bonds due January 2021, seeking a lower borrowing cost than available in the local market, according to investors offered the securities.

Corporate Bond Risk Declines in Europe, Credit-Default Swaps Prices ShowThursday, September 9, 2010 @ 2:30AMThe cost of protecting European corporate bonds from default fell, according to traders of credit-default swaps.

Balkrishna Industries Plans to Raise $175 Million in Six-Year Bank LoansThursday, September 9, 2010 @ 12:35AMBalkrishna Industries Ltd ., a Mumbai-based automobile tiremaker, approached banks for a $175 million six-year loan, according to two people familiar with the matter.

Philippines Tells Banks Peso Debt Carries Dollar RiskWednesday, September 8, 2010 @ 10:46PMThe Philippine central bank told local lenders to treat their investment in a planned sale of more than $500 million of global peso bonds as part of their dollar holdings, limiting their capacity for purchases.

Vale Surpasses Banco Bradesco With $1.75 Billion Bond Sale: Brazil CreditWednesday, September 8, 2010 @ 10:25PMVale SA surpassed Banco Bradesco SA as the biggest Brazilian issuer of overseas bonds as speculation the world’s largest iron ore exporter will finance acquisitions pushed yields to a one-month high.

Asia-Pacific Bond Risk Benchmarks Fall, Credit-Default Swap Prices ShowWednesday, September 8, 2010 @ 10:20PMThe cost of protecting Asia-Pacific corporate and sovereign bonds from non-payment fell, according to traders of credit-default swaps.

Spotting the winnersWednesday, September 8, 2010 @ 8:10PMThe topic: From your understanding of recent developments and likely future scenarios, what are the greatest opportunities for retail investors today, particularly in Singapore and the region? Why?

Energy Bonds Outperform as BP Loses Junk Stigma: Credit MarketsWednesday, September 8, 2010 @ 7:01PMEnergy-company bonds are beating the broader market this quarter as BP Plc shrugs off its junk-debt stigma on speculation its losses from the Gulf oil spill are contained.

Fitch Rates American Muni Power (OH) Prairie State Revs 'A'; Outlook StableWednesday, September 8, 2010 @ 5:25PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to American Municipal Power (AMP) Prairie State Energy Campus: --$300 million project revenue bonds, series 2010A, 2010B and 2010C 'A'. The bonds are scheduled to price Sept. 22, 2010 and are expected to be the final Prairie State Energy Campus project revenue bond financing. In addition, Fitch affirms the following ...