GO
Loading...

Enter multiple symbols separated by commas

Junk Bonds

More

  • MUMBAI, Feb 23- India must boost growth, cut its fiscal deficit and fulfil promises of financial and fiscal reforms in order to justify an upgrade in a credit rating, currently lodged one rung above junk bond territory, rating agency Standard& Poor's said on Monday. S&P raised India's credit rating outlook to' stable' from' negative' in September, citing the prospect...

  • MOSCOW, Feb 21- Moody's Investors Service's downgrade of Russia's sovereign rating was based on "factors of a political character," Russian Finance Minister Anton Siluanov said on Saturday following news that the credit ratings agency had cut the rating to below investment grade. Moody's downgraded Russia's sovereign rating to Ba1 from Baa3, citing the...

  • Feb 19- Ratings agency Moody's cut Puerto Rico's debt rating further into junk on Thursday, saying the risk of a default had risen ahead of upcoming bond payments due to revenue shortfalls, sluggish economic growth and narrowing liquidity. The move by Moody's, which affects $48 billion across a wide range of Puerto Rico's debt, is another blow to the U.S....

  • A man walks past an electronic board displaying share prices at the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, on Thursday, April 10, 2014.

    An Indonesian telecom found a way to restructure its debt over creditor objections: it loaned itself money and counted its own votes toward approval.

  • A legendary scandal: Where are they now? Friday, 13 Feb 2015 | 9:31 AM ET
    Michael Milken 1989

    Drexel collapsed 25 years ago, but alumni of the once powerful investment bank are now in some of Wall Street's most powerful posts.

  • Faber Report: Demise of Drexel   Friday, 13 Feb 2015 | 9:17 AM ET
    Faber Report: Demise of Drexel

    CNBC's David Faber takes a look back at the collapse of Drexel Burnham 25 years ago.

  • Is it time to get back into energy bonds? Thursday, 12 Feb 2015 | 10:24 PM ET

    Energy bonds took a hit from fears low oil prices would spur a surge in defaults, but most issuers should stay resilient, Goldman Sachs said.

  • MOSCOW, Feb 5- The rouble fell and shares declined on Thursday after oil dropped more than $1 per barrel on global markets and Standard& Poor's rating agency cut the ratings of some of Russia's top companies to junk. The downgrade came after S&P cut Russia's sovereign rating to junk last month, bringing it below investment grade for the first time in a decade on...

  • LONDON, Feb 2- Russian debt insurance costs and yield spreads on sovereign dollar bonds are near six-year highs, surpassing those of countries such as Pakistan whose credit ratings are several notches lower. Russia is rated Baa3 by Moody's and BBB- by Fitch, their lowest investment-grade ratings, while Standard& Poor's cut its rating to a "junk" grade BB+ last week.

  • LONDON, Jan 29- Credit ratings for a swathe of developing economies are at risk of falling into "junk" status and out of the top investment grade league, with up to a tenth of outstanding emerging market bonds possibly affected. Moreover, almost $1 trillion worth of securities would be affected if emerging entities with ratings of BBB/Baa2- two notches above junk-...

  • MOSCOW, Jan 27- The decision by Standard& Poor's rating agency to cut Russia's sovereign credit rating to below investment grade was largely expected, RIA Novosti news agency cited First Deputy Central Bank Governor Ksenia Yudayeva as saying on Tuesday. "We believe that, to a large extent, this was expected," Yudayeva said. "In general, it was already taken into...

  • LONDON, Jan 27- Russia's rouble climbed on Tuesday, recovering some of its poise following a 6 percent drop the previous day after ratings agency Standard& Poor's cut the country's rating to junk, though Moscow stocks traded lower. Russia's stock market was closed when S&P announced on Monday it was cutting Russia's rating from BBB- to BB+, citing a weakened...

  • MOSCOW, Jan 27- Russia's rouble strengthened early on Tuesday, bouncing back after taking a sharp hit late on Monday, when ratings agency S&P downgraded Russia's sovereign credit rating to' junk'. Russian shares, however, opened lower, since Russia's stock market was closed when S&P made its announcement and therefore had not priced in the news.

  • Russian rouble rallies after sliding on S&P downgrade Tuesday, 27 Jan 2015 | 2:13 AM ET

    MOSCOW, Jan 27- Russia's rouble strengthened by over 1 percent against both the dollar and euro in early trade on Tuesday, bouncing back after taking a sharp hit late on Monday, when ratings agency S&P downgraded Russia's sovereign credit rating to' junk'. Russian shares, however, opened lower, since Russia's stock market was closed when S&P made its announcement...

  • Russian shares fall on opening after S&P downgrade Tuesday, 27 Jan 2015 | 2:06 AM ET

    MOSCOW, Jan 27- Russian share indexes fell on opening on Tuesday, a day after rating agency S&P downgraded Russian bonds to "junk".

  • MOSCOW, Jan 27- Russian stocks are expected to open sharply weaker on Tuesday, after ratings agency S&P downgraded Russia's sovereign credit rating to' junk' late on Monday, but the rouble could strengthen since it already took a heavy hit in the previous session. S&P cut Russia's rating from BBB- to BB+, citing Russia's weakened economic growth prospects, hit by low...

  • MOSCOW, Jan 26- Russian Finance Minister Anton Siluanov said on Monday S&P's decision to downgrade Russia's credit rating to junk status showed the "pessimism" of the agency and failed to take into consideration stronger aspects of the Russian economy.

  • *S&P cuts Russia's sovereign credit rating. MOSCOW, Jan 26- Ratings agency S&P cut Russia's sovereign credit rating to below investment grade, or "junk" status, on Monday for the first time in a decade. S&P said in a statement it had cut the rating from BBB- to BB+, with a negative outlook, and that Russia's economic growth prospects- hit by low oil prices and Western...

  • MOSCOW, Jan 26- Ratings agency S&P said on Monday it had cut Russia's sovereign credit rating to BB+ or below investment grade with a negative outlook, and said Russia's economic growth prospects have weakened. It could not only harm Russia's image among investors, but also push up its borrowing costs, as many mainstream investment and pension funds have rules...

  • Russian rouble weakens sharply after S&P downgrade Monday, 26 Jan 2015 | 1:26 PM ET

    MOSCOW, Jan 26- Russia's rouble weakened sharply late on Monday to trade around 5 percent lower against the U.S. dollar after ratings agency S&P downgraded Russia's sovereign credit rating to below investment grade.