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  • HONG KONG, April 26- 1 Malaysia Development Bhd said on Tuesday it did not pay a $50.3 million coupon on a $1.75 bond following a stand-off with Abu Dhabi sovereign fund IPIC, triggering cross defaults on some of its other bonds. The Abu Dhabi fund has claimed that 1 MDB and its sole shareholder, Malaysia's Ministry of Finance, have failed to meet the obligations...

  • Global bond markets have rallied recently but a rise in interest rates could trip many participants, a senior investor warns.

  • SAO PAULO, April 25- Oi SA on Monday formally started talks to restructure $14.3 billion of bonds, pitting some of the world's biggest investors against each other as Brazil's most-indebted phone carrier fights for its survival. Reuters, citing sources, said the group of over 25 investment firms including BlackRock Inc, Citadel LLC and Pacific Investment...

  • SAO PAULO, April 25- Oi SA on Monday formally started talks to restructure $14.3 billion of bonds, pitting some of the world's biggest investors against each other as Brazil's most-indebted phone carrier fights for its survival. Reuters reported earlier in the day that the group, which includes Pacific Investment Management Co, BlackRock Inc and Citadel LLC,...

  • SHANGHAI, April 25- Guangxi Nonferrous Metals Group Co Ltd, the unlisted metals producer which defaulted on a bond in February, has missed a payment on a 500 million yuan private placement note which matured over the weekend. The firm, which is owned by the Guangxi provincial government, posted a notice informing investors of the missed payment to one of China's...

  • Oi will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said.

  • SAO PAULO, April 25- Oi SA will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said, pitting some of the world's biggest investors against each other as Brazil's most-indebted phone carrier fights for its survival. According to a first source, Oi and adviser PJT Partners Inc will sit down with a group of...

  • An employee at a currency exchange store counts Chinese one-hundred yuan banknotes in Hong Kong, China

    Breakingviews looks into the implications of surging Chinese bond defaults.

  • FRANKFURT, April 20- The European Central Bank will begin purchases of euro zone corporate bonds in June, ECB President Mario Draghi said on Thursday. Speaking at a news conference after the ECB left interest rates unchanged, Draghi said full details of the corporate bond purchase scheme would be given later on Thursday. Chief economist Peter Praet has said the...

  • ECB unlikely to deliver new measures: Pimco exec VP

    Pimco executive vice president, Nicola Mai says it’s a bit early to receive details on the corporate bond purchases, while ECB’s Draghi is likely to be cautious on helicopter money.

  • *Bonds with sub-zero yields already sold in Switzerland. LONDON, April 20- Awash with cheap cash, the euro zone's top companies may soon get the same free ride their governments have taken in recent years: investors paying for the chance to lend to them. The European Central Bank is expected to lay out plans to buy corporate bonds under its quantitative easing...

  • A trader signals an offer in a Treasury note options pit at the CME Group in Chicago.

    Corporate and Treasury bonds alike have been crushing equities this year. Will that trend continue?

  • April 15- Oil and gas producer Linn Energy LLC said it planned to skip interest payments on some of its senior notes due on Friday, after making bond payments that were deferred last month. Linn Energy and its unit, Berry Petroleum Co LLC, planned to skip interest payments of a total of $58 million, due Friday and May 1, kicking off a 30- day grace period, the company said...

  • The trail of breadcrumbs from a troubled 1MDB took another twist Tuesday when Swiss authorities said some of the money ended up in the movie business.

  • Centerbridge Partners LP issued the notice, but it is not expected to lead to a default, according to people familiar with the matter. Valeant said in a statement that it now has until June 11 to make the filing, under its bond agreements, but reiterated its intention to file it on or before April 29. On Monday, the company asked its outgoing Chief Executive Michael...

  • *ChinaCoal Group unit does not specify source of funds. SHANGHAI, April 12- A unit of state-owned ChinaCoal Group said on Tuesday it will pay off principal and interest on overdue commercial debt on Wednesday in full, without specifying the source of its funds. ChinaCoal Group Shanxi Huayu Energy Co Ltd failed to pay 637.7 million yuan in principal and interest on...

  • Signage for 1Malaysia Development Bhd. (1MDB) is displayed at the site of the Tun Razak Exchange (TRX) project in Kuala Lumpur, Malaysia.

    Abu Dhabi's wealth fund said a subsidiary never received $3.5 billion that troubled 1MDB sent to a British Virgin Islands firm with a similar name.

  • DUBAI, April 11- Abu Dhabi's International Petroleum Investment Co. is in talks with banks about issuing a bond denominated in euros, three sources aware of the matter said on Monday, with the cash to be used to refinance an upcoming maturity. Should the transaction materialise, it would be a rare bond sale from an Abu Dhabi government-related entity, meaning it...

  • LONDON/ OSLO, April 8- Norway's multi-billion-dollar high-yield bond market has become the latest casualty of the oil industry slump, with looming debt defaults for firms that operate supply ships and drilling rigs set to hammer investors who bet on the once-booming business. This has effectively shut down a part of the corporate bond market that is worth...

  • The BOJ's foray into negative rates hasn’t yielded positive results. That’s spurring speculation the BOJ’s next attempt at easing may target stocks.