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Chart: Fixed Income Strategy

November 2023

Source:

  • What You Might Have Missed at Friday's Income Strategy Symposium ETF Trends In the first panel of the symposium, moderator Tom Lydon, vice chairman at VettaFi, spoke with Brian Donnelly, a fixed income strategist, and... 19 hours ago
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  • PRESS CONFERENCE European Central Bank PRESS CONFERENCE. Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB. Athens, 26 October 2023. 4 days ago
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  • BOJ facing currency conundrum heading into 2-day policy meeting Kyodo News · 1 day ago
  • BoJ holds interest rate, re-defines YCC cap FXStreet · 3 hours ago
  • Goldman Sachs: BOJ meeting expectations and the impact on USD/JPY Forexlive · 14 hours ago
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  • Russia's economy growing but starting to face headwinds says CBR bne IntelliNews ... rate is unchanged at 6.0% per annum,” the CBR said. Russia monetary policy rate, October 2023 survey. Source: CBR. Unemployment rate: The... 6 days ago
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  • Turkey's central bank opts to continue on at the same pace ING Think By opting for another 500bp hike at its October rate-setting meeting, the Central Bank of Turkey (CBT) has pulled the policy rate to 35% and... 4 days ago
  • Monitoring Turkey: All eyes remain on policy moves ING Think Following 12.5 percentage point hikes in the last two MPCs, we expect the policy rate to be 35% until the year-end, though risks are markedly on... 3 weeks ago
  • FX Daily: Shifting away from the rate discussion ING Think TRY: CBT meeting today. Today, the Central Bank of Turkey (CBT) announces its policy decision. The vast majority of economists, ourselves... 5 days ago
  • South African Central Bank Sees Too Many Risks to Say Rate Hikes ... Bloomberg.com The central bank's monetary policy committee has raised interest rates by 475 basis points to 8.25% in its current tightening cycle that started... 6 days ago
  • South Africa central-bank head: government needs to rebuild fiscal ... Reuters It also applies to South Africa." In September, the South African Reserve Bank (SARB) kept its main interest rate unchanged at 8.25%, its second... 3 weeks ago
  • South African central bank deputy governor Naidoo asks to resign ... Reuters Naidoo is one of five members of the SARB's Monetary Policy Committee that decides on interest rates and an analyst said his departure, if... 1 week ago
  • Bank of Korea extends rate pause, but keeps hawkish stance Reuters SEOUL, Oct 19 (Reuters) - South Korea's central bank kept interest rates unchanged on Thursday, retaining a tightening bias on monetary... 2 weeks ago
  • Bank of Korea Stands Pat Again as Economy Shows Signs of Cooling The Wall Street Journal South Korea's central bank stood pat on interest rates for a sixth consecutive time, as expected, as the economy showed signs of cooling... 2 weeks ago
  • Bank of Korea Is Expected to Keep Interest Rate Unchanged at 3.5% Bloomberg.com The Bank of Korea headquarters in Seoul. All 18 economists surveyed by Bloomberg expect South Korea's central bank to keep the rate at 3.5... 2 weeks ago
    Performance is between 2023-10-31 and 2023-09-27

    Country Average Sovereign+Corporate USD Yields Ordered by Period Change

    countryYieldYieldChange
    Bolivia28.226.06
    Switzerland13.622.26
    Argentina23.212.19
    Iraq11.652.12
    Tunisia40.611.97
    Jordan9.461.74
    Israel9.361.63
    Luxembourg12.821.19
    Angola13.481.12
    Ethiopia50.001.12
    Ukraine26.711.11
    Egypt17.931.06
    Kuwait11.141.02
    Ireland9.660.96
    Philippines12.330.94
    El Salvador12.660.85
    Macau9.910.84
    France12.000.77
    Netherlands9.460.74
    India9.970.72
    Canada9.360.72
    Singapore8.380.70
    Burkina Faso9.920.70
    Azerbaijan7.470.69
    Bahrain7.690.68
    Guatemala8.410.68
    Colombia9.740.67
    Czech Republic8.280.66
    Peru8.870.62
    Zambia6.070.61
    Panama8.280.60
    Nigeria12.410.60
    United Arab Emirates7.060.58
    Australia8.480.57
    Cote D'Ivoire (Ivory Coast)9.380.55
    United States9.370.54
    Kazakhstan8.090.54
    Chile7.890.54
    Italy8.890.54
    Saudi Arabia6.660.53
    Paraguay7.870.52
    Senegal10.540.51
    Morocco7.530.50
    Romania7.080.49
    Costa Rica7.610.48
    South Africa9.250.45
    Ecuador25.530.42
    Qatar6.370.42
    Oman6.850.41
    Turkey8.900.40
    Thailand7.620.39
    Hungary7.650.38
    Moldova26.940.38
    United Kingdom8.760.37
    Jamaica6.870.35
    Ghana6.100.34
    Dominican Republic8.000.32
    Indonesia6.880.27
    Brazil8.760.25
    Barbados7.200.24
    Malaysia6.340.23
    Trinidad and Tobago6.500.23
    Vietnam8.630.23
    Uruguay5.750.22
    Serbia7.250.22
    Poland19.160.21
    Mexico9.840.20
    Supranational8.500.20
    Germany8.350.16
    Taiwan5.780.14
    Korea (South)6.180.06
    Hong Kong10.590.02
    Sri Lanka0.000.00
    Venezuela0.000.00
    Lebanon0.000.00
    Kenya12.65-0.06
    Pakistan26.67-0.45
    Japan6.36-3.79
    China10.87-4.39

    Country Average Sovereign+Corporate USD Yields Ordered By YTD Yield Change

    countryYieldYieldChange
    Bolivia28.2217.12
    Ethiopia50.0014.86
    Tunisia40.6114.36
    Poland22.6710.39
    Ecuador25.539.98
    Egypt18.066.70
    Moldova26.944.80
    Hong Kong11.514.26
    Argentina23.213.91
    Luxembourg13.193.58
    France13.003.41
    Angola13.482.99
    Kuwait11.142.67
    Singapore8.382.57
    Iraq11.652.52
    Netherlands9.622.44
    Kenya12.652.41
    Jordan9.482.13
    Israel9.402.09
    Ireland10.291.97
    Philippines12.551.94
    South Africa9.471.84
    Mexico9.891.83
    Panama8.291.80
    Guatemala8.651.80
    Canada9.511.80
    Macau9.761.78
    Australia8.481.71
    Cote D'Ivoire (Ivory Coast)9.381.65
    India10.311.62
    Paraguay7.871.57
    United States9.401.54
    Azerbaijan7.471.53
    Peru8.841.48
    Trinidad and Tobago6.501.46
    Chile8.051.43
    Colombia9.501.38
    Thailand7.671.25
    Morocco7.761.24
    Senegal10.541.22
    Saudi Arabia6.761.19
    Supranational8.501.16
    Nigeria12.401.15
    Uruguay5.751.12
    Bahrain7.681.12
    Brazil8.421.11
    Qatar6.371.05
    Italy8.891.01
    Taiwan5.780.98
    Malaysia6.340.88
    Jamaica6.870.85
    United Arab Emirates7.200.81
    Dominican Republic8.000.80
    Barbados7.200.79
    Indonesia6.880.75
    Hungary6.950.74
    Oman6.860.68
    China11.670.67
    Romania7.010.62
    Korea (South)6.230.61
    Costa Rica7.690.44
    Serbia7.080.44
    United Kingdom8.820.41
    Germany8.640.35
    Burkina Faso9.920.28
    Kazakhstan8.110.24
    Zambia5.350.18
    Vietnam8.630.03
    Turkey8.880.00
    Sri Lanka0.000.00
    Lebanon0.000.00
    Venezuela0.000.00
    Ghana6.10-0.26
    Ukraine27.30-1.20
    Japan6.36-3.26
    Pakistan26.67-4.54
    El Salvador12.66-6.54

    Country Average Sovereign+Corporate USD Yields Ordered by Current YTM

    countryYieldYieldChange
    Ethiopia50.001.12
    Tunisia40.611.97
    Bolivia28.226.06
    Moldova26.940.38
    Ukraine26.711.11
    Pakistan26.67-0.45
    Ecuador25.530.42
    Argentina23.212.19
    Poland19.160.21
    Egypt17.931.06
    Switzerland13.622.26
    Angola13.481.12
    Luxembourg12.821.19
    El Salvador12.660.85
    Kenya12.65-0.06
    Nigeria12.410.60
    Philippines12.330.94
    France12.000.77
    Iraq11.652.12
    Kuwait11.141.02
    China10.87-4.39
    Hong Kong10.590.02
    Senegal10.540.51
    India9.970.72
    Burkina Faso9.920.70
    Macau9.910.84
    Mexico9.840.20
    Colombia9.740.67
    Ireland9.660.96
    Jordan9.461.74
    Netherlands9.460.74
    Cote D'Ivoire (Ivory Coast)9.380.55
    United States9.370.54
    Israel9.361.63
    Canada9.360.72
    South Africa9.250.45
    Turkey8.900.40
    Italy8.890.54
    Peru8.870.62
    Brazil8.760.25
    United Kingdom8.760.37
    Vietnam8.630.23
    Supranational8.500.20
    Australia8.480.57
    Guatemala8.410.68
    Singapore8.380.70
    Germany8.350.16
    Panama8.280.60
    Czech Republic8.280.66
    Kazakhstan8.090.54
    Dominican Republic8.000.32
    Chile7.890.54
    Paraguay7.870.52
    Bahrain7.690.68
    Hungary7.650.38
    Thailand7.620.39
    Costa Rica7.610.48
    Morocco7.530.50
    Azerbaijan7.470.69
    Serbia7.250.22
    Barbados7.200.24
    Romania7.080.49
    United Arab Emirates7.060.58
    Indonesia6.880.27
    Jamaica6.870.35
    Oman6.850.41
    Saudi Arabia6.660.53
    Trinidad and Tobago6.500.23
    Qatar6.370.42
    Japan6.36-3.79
    Malaysia6.340.23
    Korea (South)6.180.06
    Ghana6.100.34
    Zambia6.070.61
    Taiwan5.780.14
    Uruguay5.750.22
    Sri Lanka0.000.00
    Venezuela0.000.00
    Lebanon0.000.00

    Country Local Currency Yields Ordered by Period Change

    countryYieldYieldChange
    Turkey28.933.45
    Gibraltar11.201.81
    Luxembourg14.101.13
    Slovenia9.200.64
    Chile6.760.63
    Sweden9.730.62
    Switzerland6.000.62
    United States7.290.51
    Dominican Republic10.990.47
    Uruguay9.910.44
    Australia4.700.37
    Indonesia7.040.36
    Serbia5.800.34
    Netherlands5.340.33
    Portugal7.570.32
    Peru7.220.31
    France5.920.30
    Cayman Islands6.800.30
    Israel5.260.28
    Greece7.080.28
    United Kingdom6.910.26
    Germany5.270.24
    Cyprus7.380.24
    Italy5.350.21
    Hungary7.720.18
    Japan1.220.17
    New Zealand5.480.14
    Poland5.320.12
    Malaysia3.990.12
    Spain5.420.11
    Brazil11.150.09
    Ireland3.770.09
    Mexico10.350.08
    Colombia11.370.08
    Romania6.660.08
    Thailand3.090.07
    Finland3.660.06
    Belgium3.760.06
    Norway4.120.03
    Egypt22.980.02
    China2.570.00
    Austria3.760.00
    Denmark3.12-0.02
    Singapore3.37-0.02
    Canada5.13-0.08
    Czech Republic4.80-0.09
    South Africa11.97-0.15

    Country Local Currency Yields Ordered by Yield

    countryYieldYieldChange
    Turkey28.933.45
    Egypt22.980.02
    Luxembourg14.101.13
    South Africa11.97-0.15
    Colombia11.370.08
    Gibraltar11.201.81
    Brazil11.150.09
    Dominican Republic10.990.47
    Mexico10.350.08
    Uruguay9.910.44
    Sweden9.730.62
    Slovenia9.200.64
    Hungary7.720.18
    Portugal7.570.32
    Cyprus7.380.24
    United States7.290.51
    Peru7.220.31
    Greece7.080.28
    Indonesia7.040.36
    United Kingdom6.910.26
    Cayman Islands6.800.30
    Chile6.760.63
    Romania6.660.08
    Switzerland6.000.62
    France5.920.30
    Serbia5.800.34
    New Zealand5.480.14
    Spain5.420.11
    Italy5.350.21
    Netherlands5.340.33
    Poland5.320.12
    Germany5.270.24
    Israel5.260.28
    Canada5.13-0.08
    Czech Republic4.80-0.09
    Australia4.700.37
    Norway4.120.03
    Malaysia3.990.12
    Ireland3.770.09
    Belgium3.760.06
    Austria3.760.00
    Finland3.660.06
    Singapore3.37-0.02
    Denmark3.12-0.02
    Thailand3.090.07
    China2.570.00
    Japan1.220.17

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    Average Sovereign GEM Yields (USD)

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    Average Corporate GEM Yields (USD)

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    Average Corporate High Yield GEM Yields (USD)

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    Average Sov. Dev. Markets Yields (blended currency)

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    Average UST Yield (Where Duration is less than 10 years)

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    Average Sovereign GEM Local Currency Yields

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    Bonds Datamine Queries



    Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
    BondBOLIVIA PLURINATIONAL STATE OF RegS 28UKRAINE (GOVERNMENT OF) RegS 26ARGENTINA REPUBLIC OF GOVERNMENT 30ARGENTINA REPUBLIC OF GOVERNMENT 29

    Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)
    BondPAKISTAN (ISLAMIC REPUBLIC OF) MTN RegS 31PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegS 26PAKISTAN (ISLAMIC REPUBLIC OF) RegS 27KENYA (REPUBLIC OF) RegS 48

    Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
    BondGLOBAL LOGISTIC PROPERTIES LTD RegS 25GLP CHINA HOLDINGS LTD MTN RegS 26YANLORD LAND (HK) CO LTD RegS 26LONGFOR GROUP HOLDINGS LTD RegS 29

    Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly
    BondCOUNTRY GARDEN HOLDINGS CO LTD RegS 26COUNTRY GARDEN HOLDINGS COMPANY LT RegS 25COUNTRY GARDEN HOLDINGS CO LTD RegS 26COUNTRY GARDEN HOLDINGS CO LTD RegS 25

    Country Average Sovereign Yield Change USD Eurobonds Weekly
    CountryBoliviaArgentinaIraqUkraineTunisia

    Country Average Corporate Yield Change USD Eurobonds Weekly
    CountryArgentinaIsraelPhilippinesJordanLuxembourg

    Top 30 GEM Souvereign Eurobonds by Yield
    NameETHIOPIA FEDERAL DEMOCRATIC REPUB RegSUKRAINE (GOVERNMENT OF) RegSARGENTINA REPUBLIC OF GOVERNMENT

    Top 30 GEM Corporate Eurobonds by Yield
    NameORIFLAME INVESTMENT HOLDING PLC RegSUNIGEL LUXEMBOURG SA RegSRKPF OVERSEAS 2020 A LTD RegS

    Top 30 GEM Local (reasonably rated) Currency Bonds by Yield
    NameTURKEY (REPUBLIC OF)TURKEY (REPUBLIC OF)TURKEY (REPUBLIC OF)

    Big Country Table - Stance, Ratings and Datamine


    Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
    BondISRAEL (STATE OF) 47ISRAEL (STATE OF) 52ISRAEL (STATE OF) 42ISRAEL (STATE OF) 37

    Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly
    BondISRAEL (STATE OF) 24ISRAEL (STATE OF) 25CANADA (GOVERNMENT OF) 24CANADA (GOVERNMENT OF) 27

    Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
    BondCountryYieldYield Change %ptsHAWAIIAN BRAND INTELLECTUAL PROPER 144A 26United States20.229.73HEIMSTADEN AB RegS 26Sweden50.008.23SPIRIT IP CAYMAN LTD 144A 25United States16.067.98ATOS SE RegS 28France18.177.48CHS/COMMUNITY HEALTH SYSTEMS INC 144A 28United States30.826.68

    Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)
    BondCountryYieldYield Change %ptsRITE AID CORPORATION 144A 26United States--29.38RAKUTEN GROUP INC 144A 24Japan-5.00-11.18CANARY WHARF GROUP INVESTMENT HOLD RegS 25United Kingdom11.69-3.18CANARY WHARF GROUP INVESTMENT HOLD RegS 26United Kingdom13.08-3.01AMS OSRAM AG RegS 25Austria7.42-2.10

    Top 30 DM Souvereign Eurobonds by Yield
    NameISINcountryMaturityCouponYTWCANADA (GOVERNMENT OF)CA135087N340CanadaApr 01, 20251.506.55NEW ZEALAND (GOVERNMENT OF)NZGOVDT541C9New ZealandMay 15, 20411.755.70NEW ZEALAND (GOVERNMENT OF)NZGOVDT437C0New ZealandApr 15, 20372.755.66

    Top 30 DM Corporate Eurobonds by Yield
    NameISINcountryMaturityCouponYTWVIA CELERE DESARROLLOS INMOBILIARI RegSXS2321651031SpainApr 01, 20265.2550.00LA FINANCIERE ATALIAN SAS RegSXS1605600532FranceMay 15, 20244.0050.00TELE COLUMBUS AG RegSXS1814546013GermanyMay 02, 20253.8850.00

    Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly

    BondCountryYieldYield Change % pts
    BOLIVIA PLURINATIONAL STATE OF RegS 28Bolivia28.226.06
    UKRAINE (GOVERNMENT OF) RegS 26Ukraine49.765.29
    ARGENTINA REPUBLIC OF GOVERNMENT 30Argentina46.515.28
    ARGENTINA REPUBLIC OF GOVERNMENT 29Argentina50.004.07
    UKRAINE (GOVERNMENT OF) RegS 27Ukraine36.293.24
    EGYPTIAN FINANCIAL COMPANY FOR SOV RegS 26Egypt16.022.94
    JORDAN (HASHEMITE KINGDOM OF) RegS 26Jordan9.762.84
    GHANA (REPUBLIC OF) RegS 30Ghana23.162.72
    UKRAINE (GOVERNMENT OF) RegS 28Ukraine28.512.61
    EGYPT (ARAB REPUBLIC OF) MTN RegS 27Egypt21.532.42
    ARGENTINA REPUBLIC OF GOVERNMENT 46Argentina29.982.22
    JORDAN (HASHEMITE KINGDOM OF) RegS 27Jordan9.392.19
    IRAQ (REPUBLIC OF) RegS 28Iraq11.652.12
    CENTRAL BANK OF TUNISIA RegS 25Tunisia40.611.97
    UKRAINE (GOVERNMENT OF) RegS 29Ukraine23.361.84
    EGYPT (ARAB REPUBLIC OF) MTN RegS 27Egypt19.791.78
    EGYPT (ARAB REPUBLIC OF) MTN RegS 25Egypt20.821.76
    UKRAINE REPUBLIC OF (GOVERNMENT) RegS 31Ukraine19.631.71
    ARGENTINA REPUBLIC OF GOVERNMENT 35Argentina26.621.61
    EGYPT (ARAB REPUBLIC OF) MTN RegS 29Egypt19.611.48


    Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)

    BondCountryYieldYield Change %pts
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegS 31Pakistan21.61-0.98
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegS 26Pakistan36.51-0.84
    PAKISTAN (ISLAMIC REPUBLIC OF) RegS 27Pakistan27.13-0.41
    KENYA (REPUBLIC OF) RegS 48Kenya12.23-0.22
    BRAZIL FEDERATIVE REPUBLIC OF (GO 25Brazil6.17-0.20
    PETROLEOS MEXICANOS 27Mexico10.74-0.20
    ECUADOR REPUBLIC OF (GOVERNMENT) RegS 35Ecuador22.13-0.17
    SINOPEC GROUP OVERSEAS DEVELOPMENT RegS 25China5.74-0.17
    KENYA (REPUBLIC OF) RegS 34Kenya12.18-0.16
    SINOPEC GROUP OVERSEAS DEVELOPMENT RegS 25China5.78-0.16
    CHINA PEOPLES REPUBLIC OF (GOVERNM RegS 24China5.33-0.15
    CHINA DEVELOPMENT BANK MTN RegS 25China5.56-0.13
    THREE GORGES FINANCE I (CAYMAN ISL RegS 26China5.50-0.12
    PETROLEOS MEXICANOS MTN 26Mexico9.93-0.12
    PETROLEOS MEXICANOS MTN 26Mexico10.41-0.10
    REPUBLICA ORIENT URUGUAY 27Uruguay4.82-0.09
    CHINA PEOPLES REPUBLIC OF (GOVERNM RegS 25China5.27-0.09
    PANAMA REPUBLIC OF (GOVERNMENT) 25Panama6.38-0.09
    CHINA PEOPLES REPUBLIC OF (GOVERNM RegS 26China5.06-0.09
    PETRONAS CAPITAL LTD MTN RegS 25Malaysia5.75-0.07


    Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)

    BondCountryYieldYield Change %pts
    GLOBAL LOGISTIC PROPERTIES LTD RegS 25Singapore39.7210.82
    GLP CHINA HOLDINGS LTD MTN RegS 26China33.988.99
    YANLORD LAND (HK) CO LTD RegS 26China35.378.86
    LONGFOR GROUP HOLDINGS LTD RegS 29China25.218.07
    SMC GLOBAL POWER HOLDINGS CORP RegS 79Philippines42.177.72
    RIO ENERGY SA/UGEN SA/UENSA SA RegS 25Argentina39.637.25
    VEDANTA RESOURCES FINANCE II PLC RegS 26India35.936.92
    CENTRAL PLAZA DEVELOPMENT LTD RegS 26China26.166.69
    PETROFAC LTD RegS 26United Arab Emirates25.055.14
    GLP PTE LTD MTN RegS 79Singapore23.634.19
    FORTUNE STAR BVI LTD RegS 25China22.473.96
    PCPD CAPITAL LTD RegS 26Hong Kong21.893.59
    LEVIATHAN BOND LTD 25Israel11.503.58
    YPF SA MTN RegS 27Argentina16.723.25
    FRANSHION BRILLIANT LTD RegS 29China16.703.13
    BURGAN BANK KPSC RegS 79Kuwait23.142.92
    CANACOL ENERGY LTD RegS 28Colombia13.222.89
    BANK LEUMI LE ISRAEL BM 33Israel10.482.87
    ENERGEAN ISRAEL FINANCE LTD 26Israel10.872.77
    LIQUID TELECOMMUNICATIONS FINANCIN RegS 26South Africa25.402.74


    Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly

    BondCountryYieldYield Change %pts
    COUNTRY GARDEN HOLDINGS CO LTD RegS 26China--50.00
    COUNTRY GARDEN HOLDINGS COMPANY LT RegS 25China--50.00
    COUNTRY GARDEN HOLDINGS CO LTD RegS 26China--50.00
    COUNTRY GARDEN HOLDINGS CO LTD RegS 25China--50.00
    COUNTRY GARDEN HOLDINGS CO LTD RegS 31China--50.00
    BANCO SANTANDER MEXICO SA INSTITUC RegS 28Mexico7.81-42.19
    BANCO DO BRASIL (GRAND CAYMAN BRAN RegS 79Brazil13.63-8.93
    MHP LUX SA RegS 26Ukraine20.82-6.53
    NWD FINANCE (BVI) LTD RegS 79Hong Kong31.53-5.95
    CELESTIAL MILES LTD RegS 79Hong Kong8.41-3.10
    NWD FINANCE (BVI) LTD RegS 79Hong Kong29.62-3.07
    NEW WORLD DEVELOPMENT BVI LTD RegS 79Hong Kong23.12-2.31
    NWD (MTN) LTD RegS 29Hong Kong13.00-2.16
    NEW WORLD CHINA LAND LTD RegS 27Hong Kong13.39-1.88
    BANCO DO BRASIL SA (GRAND CAYMAN B RegS 79Brazil7.35-1.54
    NWD (MTN) LTD MTN RegS 30Hong Kong13.05-1.52
    HUARONG FINANCE II CO LTD MTN RegS 25China9.54-1.05
    HUARONG FINANCE II CO LTD MTN RegS 25China9.64-0.95
    CHINA GREAT WALL INTERNATIONAL HOL MTN RegS 27China7.95-0.93
    MCC HOLDING (HONG KONG) CORP LTD RegS 79China6.26-0.59


    Country Average Sovereign Yield Change USD Eurobonds Weekly

    CountryAverage YieldYield Average change % pts
    Bolivia28.226.06
    Argentina33.852.40
    Iraq11.652.12
    Ukraine28.132.00
    Tunisia40.611.97
    Jordan9.561.77
    Ethiopia50.001.12
    Angola13.481.12
    Egypt17.931.06
    El Salvador12.660.85
    Bahrain7.680.71
    Azerbaijan7.470.69
    Cote D'Ivoire (Ivory Coast)9.380.55
    Kazakhstan6.040.55
    Senegal10.540.51
    Peru7.130.50
    Qatar5.920.49
    Guatemala7.650.49
    Romania7.080.49
    Costa Rica7.610.48
    Chile6.470.48
    Paraguay7.400.47
    Panama7.350.47
    Morocco7.080.46
    Hungary6.950.46
    United Arab Emirates6.100.45
    Saudi Arabia6.060.43
    Colombia8.300.43
    Ecuador25.530.42
    Oman6.840.40
    Nigeria11.840.40
    Jamaica6.870.35
    Turkey8.770.35
    South Africa8.660.34
    Dominican Republic8.000.32
    Philippines6.020.30
    Indonesia6.180.29
    Ghana2.320.27
    Mexico8.740.24
    Poland5.980.24
    Trinidad and Tobago6.500.23
    Serbia7.250.22
    Uruguay5.750.22
    Brazil6.850.22
    Malaysia5.930.20
    Kuwait5.300.18
    India6.160.14
    China5.540.08
    United States5.150.04
    Sri Lanka0.000.00
    Zambia0.000.00
    Venezuela0.000.00
    Lebanon0.000.00
    Kenya12.65-0.06
    Pakistan26.67-0.45


    Country Average Corporate Yield Change USD Eurobonds Weekly

    CountryAverage YieldYield Average change % pts
    Argentina16.122.05
    Israel9.221.67
    Philippines14.471.12
    Jordan7.551.04
    Luxembourg11.181.02
    Zambia9.100.91
    Colombia10.600.82
    Guatemala8.910.81
    Macau9.470.79
    Panama8.950.77
    Nigeria11.670.76
    Burkina Faso9.920.70
    Czech Republic8.280.66
    Kuwait9.140.64
    Paraguay8.590.59
    Ghana18.720.59
    Kazakhstan8.170.54
    United Arab Emirates6.730.53
    Morocco7.970.53
    Chile7.590.52
    Singapore7.510.51
    Saudi Arabia6.540.51
    South Africa8.640.50
    Turkey9.140.50
    India8.500.49
    Oman6.820.46
    Peru8.130.45
    Qatar6.390.40
    Moldova26.940.38
    Bahrain7.810.35
    Supranational8.170.34
    Thailand7.200.34
    Vietnam9.560.32
    Brazil8.740.31
    Indonesia7.820.26
    Hungary8.450.25
    Barbados7.200.24
    Malaysia6.330.21
    Poland29.050.19
    Taiwan5.780.14
    Hong Kong8.410.11
    Korea (South)6.100.05
    United States5.150.04
    Mexico8.14-0.08
    Tanzania8.88-0.17
    China8.57-1.43
    Ukraine20.30-2.90


    Top 30 GEM Souvereign Eurobonds by Yield

    NameISINcountryMaturityCouponYTW
    ETHIOPIA FEDERAL DEMOCRATIC REPUB RegSXS1151974877EthiopiaDec 11, 20246.6350.00
    UKRAINE (GOVERNMENT OF) RegSXS1303921487UkraineSep 01, 20250.0050.00
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HX11ArgentinaJul 09, 20291.0050.00
    UKRAINE (GOVERNMENT OF) RegSXS1303925041UkraineSep 01, 20260.0049.76
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HS26ArgentinaJul 09, 20300.7546.51
    CENTRAL BANK OF TUNISIA RegSXS1175223699TunisiaJan 30, 20255.7540.61
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegSXS2322319398PakistanApr 08, 20266.0036.51
    UKRAINE (GOVERNMENT OF) RegSXS1303925470UkraineSep 01, 20270.0036.29
    ECUADOR REPUBLIC OF (GOVERNMENT) RegSXS2214239506EcuadorJul 31, 20300.0033.60
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HW38ArgentinaJul 09, 20463.6329.98
    UKRAINE (GOVERNMENT OF) RegSXS1303926528UkraineSep 01, 20280.0028.51
    BOLIVIA PLURINATIONAL STATE OF RegSUSP37878AC26BoliviaMar 20, 20284.5028.22
    PAKISTAN (ISLAMIC REPUBLIC OF) RegSXS1729875598PakistanDec 05, 20276.8827.13
    ECUADOR REPUBLIC OF (GOVERNMENT) RegSXS2214237807EcuadorJul 31, 20306.0027.00
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HT09ArgentinaJul 09, 20353.6326.62
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HU71ArgentinaJan 09, 20384.2526.25
    ARGENTINA REPUBLIC OF GOVERNMENTUS040114HV54ArgentinaJul 09, 20413.5023.71
    UKRAINE (GOVERNMENT OF) RegSXS1303927179UkraineSep 01, 20290.0023.36
    GHANA (REPUBLIC OF) RegSXS1297557412GhanaOct 14, 203010.7523.16
    ECUADOR REPUBLIC OF (GOVERNMENT) RegSXS2214238441EcuadorJul 31, 20353.5022.13
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegSXS2322319638PakistanApr 08, 20317.3821.61
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS1558078736EgyptJan 31, 20277.5021.53
    PAKISTAN (ISLAMIC REPUBLIC OF) MTN RegSXS2419405274PakistanJan 31, 20297.9521.41
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS1245432742EgyptJun 11, 20255.8820.82
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS1775618439EgyptFeb 21, 20286.5919.81
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS2391394348EgyptSep 30, 20275.8019.79
    UKRAINE REPUBLIC OF (GOVERNMENT) RegSXS2010028699UkraineMay 21, 20310.0019.63
    EGYPT (ARAB REPUBLIC OF) MTN RegSXS1953057061EgyptMar 01, 20297.6019.61
    ECUADOR REPUBLIC OF (GOVERNMENT) RegSXS2214239175EcuadorJul 31, 20402.5019.39
    UKRAINE REPUBLIC OF (GOVERNMENT) RegSXS1902171757UkraineNov 01, 20300.0018.73


    Top 30 GEM Corporate Eurobonds by Yield

    NameISINcountryMaturityCouponYTW
    ORIFLAME INVESTMENT HOLDING PLC RegSUSG67744AA34PolandMay 04, 20265.1350.00
    UNIGEL LUXEMBOURG SA RegSUSL9467UAB37BrazilOct 01, 20268.7550.00
    RKPF OVERSEAS 2020 A LTD RegSXS2356173406ChinaJul 26, 20265.1350.00
    EASY TACTIC LTDXS2495358009ChinaJul 11, 20277.5050.00
    EASY TACTIC LTDXS2495355674ChinaJul 11, 20257.5050.00
    EASY TACTIC LTDXS2495359403ChinaJul 11, 20287.5050.00
    SMC GLOBAL POWER HOLDINGS CORP RegSXS1896598908PhilippinesDec 31, 20796.5042.17
    GLOBAL LOGISTIC PROPERTIES LTD RegSXS1242348164SingaporeJun 04, 20253.8839.72
    RIO ENERGY SA/UGEN SA/UENSA SA RegSUSP8S12UAA35ArgentinaFeb 01, 20256.8839.63
    VEDANTA RESOURCES FINANCE II PLC RegSUSG9T27HAA24IndiaApr 23, 20269.2535.93
    FUQING INVESTMENT MANAGEMENT LTD MTN RegSXS2190467667ChinaJun 23, 20253.2535.88
    VEDANTA RESOURCES FINANCE II PLC RegSUSG9T27HAD62IndiaMar 11, 20258.9535.71
    YANLORD LAND (HK) CO LTD RegSXS2317279573ChinaMay 20, 20265.1335.37
    GLP CHINA HOLDINGS LTD MTN RegSXS2314779427ChinaMar 29, 20262.9533.98
    NWD FINANCE (BVI) LTD RegSXS2435611327Hong KongDec 31, 20796.1531.53
    NWD FINANCE (BVI) LTD RegSXS2132986741Hong KongDec 31, 20795.2529.62
    TULLOW OIL PLC RegSUSG91237AA87GhanaMar 01, 20257.0027.73
    ARAGVI FINANCE INTL RegSXS2326545204MoldovaApr 29, 20268.4526.94
    TOTAL PLAY TELECOMUNICACIONES SA D RegSUSP9190NAC76MexicoSep 20, 20286.3826.41
    CENTRAL PLAZA DEVELOPMENT LTD RegSXS2279594282ChinaJan 19, 20264.6526.16
    LIQUID TELECOMMUNICATIONS FINANCIN RegSXS2278474924South AfricaSep 04, 20265.5025.40
    LONGFOR GROUP HOLDINGS LTD RegSXS2033262895ChinaSep 16, 20293.9525.21
    PETROFAC LTD RegSUSG7052TAF87United Arab EmiratesNov 15, 20269.7525.05
    FWD GROUP LTD RegSXS2038876558Hong KongDec 31, 20796.3824.05
    GLP PTE LTD MTN RegSXS2340147813SingaporeDec 31, 20794.5023.63
    BURGAN BANK KPSC RegSXS2019231823KuwaitDec 31, 20795.7523.14
    NEW WORLD DEVELOPMENT BVI LTD RegSXS2348062899Hong KongDec 31, 20794.1323.12
    SMC GLOBAL POWER HOLDINGS CORP RegSXS2098881654PhilippinesDec 31, 20795.7023.03
    FORTUNE STAR BVI LTD RegSXS2238561794ChinaOct 19, 20255.9522.47
    ODEBRECHT HOLDCO FIN LTD RegSUSG6714UAA81BrazilSep 10, 20580.0022.32


    Top 30 GEM Local (reasonably rated) Currency Bonds by Yield

    NameISINcountryMaturityCouponYTW
    TURKEY (REPUBLIC OF)TRT011025T16TurkeyOct 01, 202512.6032.04
    TURKEY (REPUBLIC OF)TRT240227T17TurkeyFeb 24, 202711.0030.42
    TURKEY (REPUBLIC OF)TRT020926T17TurkeySep 02, 202616.9030.34
    TURKEY (REPUBLIC OF)TRT110226T13TurkeyFeb 11, 202610.6030.31
    TURKEY (REPUBLIC OF)TRT120325T12TurkeyMar 12, 20258.0028.89
    TURKEY (REPUBLIC OF)TRT110827T16TurkeyAug 11, 202710.5028.47
    TURKEY (REPUBLIC OF)TRT080328T15TurkeyMar 08, 202812.4028.32
    TURKEY (REPUBLIC OF)TRT240724T15TurkeyJul 24, 20249.0026.19
    EGYPT (ARAB REPUBLIC OF)EGBGR03351F6EgyptSep 14, 202414.5325.75
    TURKEY (REPUBLIC OF)TRT131130T14TurkeyNov 13, 203011.7025.40
    EGYPT (ARAB REPUBLIC OF)EGBGR02331F9EgyptSep 10, 202414.3525.37
    EGYPT (ARAB REPUBLIC OF)EGBGR02471F3EgyptJan 14, 202513.5422.94
    EGYPT (ARAB REPUBLIC OF)EGBGR03071F0EgyptJan 12, 202614.0622.46
    EGYPT (ARAB REPUBLIC OF)EGBGR02931F6EgyptOct 20, 202514.3722.46
    EGYPT (ARAB REPUBLIC OF)EGBGR03171F8EgyptApr 06, 202614.4822.46
    EGYPT (ARAB REPUBLIC OF)EGBGR03361F5EgyptJul 06, 202614.5622.46
    EGYPT (ARAB REPUBLIC OF)EGBGR02941F5EgyptOct 13, 202714.5622.45
    EGYPT (ARAB REPUBLIC OF)EGBGR03081F9EgyptJan 05, 202814.2922.45
    EGYPT (ARAB REPUBLIC OF)EGBGR02271F7EgyptMay 07, 202916.1022.40
    EGYPT (ARAB REPUBLIC OF)EGBGR02341F8EgyptSep 10, 202914.4022.40
    EGYPT (ARAB REPUBLIC OF)EGBGR02951F4EgyptOct 06, 203014.6622.18
    SOUTH AFRICA (REPUBLIC OF)ZAG000106972South AfricaJan 31, 20448.7512.85
    SOUTH AFRICA (REPUBLIC OF)ZAG000195280South AfricaMar 31, 205311.6312.78
    SOUTH AFRICA (REPUBLIC OF)ZAG000096173South AfricaFeb 28, 20488.7512.77
    SOUTH AFRICA (REPUBLIC OF)ZAG000125980South AfricaJan 31, 20409.0012.76
    SOUTH AFRICA (REPUBLIC OF)ZAG000077488South AfricaFeb 28, 20416.5012.59
    SOUTH AFRICA (REPUBLIC OF)ZAG000107012South AfricaJan 31, 20378.5012.55
    SOUTH AFRICA (REPUBLIC OF)ZAG000030404South AfricaMar 31, 20366.2512.29
    SOUTH AFRICA (REPUBLIC OF)ZAG000125972South AfricaFeb 28, 20358.8812.22
    COLOMBIA (REPUBLIC OF)COL17CT03722ColombiaOct 26, 20507.2512.03


    Big Country Table - Stance, Ratings and Datamine

    NCountryNaCountryStanceAvg Sovereign YieldSov. Yield Avg Wk Change btpsAvg Corporate YieldCorp. Yield Avg Wk Change btpsGDP GrowthTotal GDP $ bnGDP per capita PPP $Savings to GDPInflationPopulationCurrent Account to GDPBudget Revenue to GDPGov Debt to GDPBudget Balance to GDPSandP RatingMoodysFitchDgong
    AngolaAngolaOverweight17.60-1060.00-1.37488.98319.86220.97931.031-6.71920.881-0.534BB-Ba3BB-BB-
    ArgentinaArgentinaOverweight27.17-568.0024.60-80.00-5.719443.24918.308n/a45.551n/a34.18-0.689SDCaa1RDD
    AzerbaijanAzerbaijanOverweight4.22-208.007.22-319.00-2.18448.03827.7473.310.18-8.24937.653BBB-Baa3BBB-
    BrazilBrazilUnderweight4.719.008.79-72.00-5.3031893.0115.1683.01211.376-1.77130.73961.046-6.044BB+Baa3BBBA-
    ChileChileOverweight3.38-63.0010.2219.00-4.486308.50520.3522.519.458-0.86923.21410.834-1.408AA-Aa3A+AA
    ChinaChinaOverweight2.08-36.004.53-31.001.18115269.94243.4490.9531404.4550.54529.14-6.173AA-Aa3A+AA+
    ColombiaColombiaOverweight3.94-66.005.63-180.00-2.386343.17718.0693.19850.886-4.67226.55540.157-0.091BBBBaa2BBBBBB+
    Costa RicaCosta RicaUnderweight9.4658.00-3.29265.17916.23925.136-4.45514.588-5.507BBBaa3BB+
    C?te dIvoireCote D'Ivoire (Ivory Coast)Overweight6.91-109.00
    CroatiaCroatia (Hrvatska)Overweight2.49-136.00-9.02463.17222.3281.1264.038-3.98545.947n/a-0.322BB+Baa3BBBBBB-
    Dominican RepublicDominican RepublicUnderweight6.74-54.00-0.96596.29124.298310.472-5.23414.33343.699-4.388B+B1B
    EcuadorEcuadorOverweight36.14-1292.00-6.271109.44426.3140.13617.511-5.68437.1062.392B+Caa1BB-
    EgyptEgyptUnderweight7.41-235.001.952353.00315.0576.212101.493-4.25720.35875.676-7.091CCC+Caa1B-B-
    El SalvadorEl SalvadorUnderweight10.5387.00-5.4427.91813.7770.46.766-4.13621.295-3.411BB-Ba2BB-
    GabonGabonOverweight9.79-403.00-1.19617.62332.2932.108-8.37719.22BB-BB-
    GhanaGhanaUnderweight10.48-313.0021.09-1313.001.48769.75722.3279.93330.779-4.45315.36660.427BB+B
    HungaryHungaryOverweight2.53-51.00-3.1180.49827.1442.9889.738-0.12343.9357.983-2.405BBBa1BB+BBB-
    IndonesiaIndonesiaOverweight3.81-61.0010.90-158.000.4991204.8331.8873.092269.865-3.16914.42426.778-1.766BB+Baa3BBB-BBB-
    IraqIraqOverweight11.63-284.00-4.723232.74512.301140.132-21.66439.545
    KazakhstanKazakhstanOverweight4.11-108.0020.21-42.00-2.53182.62325.0678.09318.882-6.78921.118-14.293-0.02BBB+Baa2BBBBBB-
    KenyaKenyaUnderweight8.92-8.001.01109.12812.2244.550.722-4.55518.12457.969B+B+B
    LatviaLatviaUnderweight-8.60836.77122.4250.4961.925-2.16135.68227.417-0.689A-Baa1A-BB
    LebanonLebanonUnderweight0.00-227.00-12.01960.455-3.15617.4586.02-12.64222.865157.913-12.658BB1B
    LithuaniaLithuaniaUnderweight-8.08656.22520.429-0.2542.7626.01335.05623.9710.263A-Baa1A-BBB-
    MalaysiaMalaysiaOverweight3.62-73.003.24-36.00-1.7381.52325.0250.10633.221-0.09917.951-2.553A-A3A-A+
    MexicoMexicoUnderweight6.38-130.005.10-110.00-6.631322.48919.5022.435127.092-0.2822.30346.323-2.475AAAA3BBB+BBB
    MongoliaMongoliaOverweight10.139.00-114.67433.33763.363-10.20130.175BB-B1B+BB-
    MoroccoMoroccoUnderweight2.68-204.004.99-87.00-3.744124.53931.0650.335.952-7.7926.33964.287-3.525BBB-Ba1BBB-BBB
    PakistanPakistanUnderweight9.16-90.00-1.547n/a12.1139.758208.57-1.70616.25675.161B-Caa1CCC
    PanamaPanamaUnderweight3.14-49.005.81-205.00-2.0573.36933.606-14.279-6.817.86839.992-2.322BBBBaa2BBBA-
    ParaguayParaguayUnderweight5.08-96.006.37-193.00-142.82623.9213.0087.253-2.18617.94520.49-0.541BB-B1B+
    PeruPeruOverweight3.29-57.005.68-223.00-4.534240.17520.8781.57532.824-0.8720.21812.063-1.079BBB+A3BBB+BBB+
    PhilippinesPhilippinesOverweight2.54-65.005.27-48.000.648383.48227.2322.6110.041-2.25520.605-1.559BBBBaa3BBB-BBB
    PolandPolandUnderweight1.35-25.002.873.00-4.579606.7320.0472.14937.9490.15940.4442.505-2.825A-A2A-A-
    RomaniaRomaniaUnderweight3.82-35.00-5261.86816.6911.38819.521-5.50430.53830.404-4.015BBB-Baa3BBB-BB+
    RussiaRussian FederationOverweight2.89-122.003.67-190.00-5.4661657.53927.9193.793146.6180.70234.2070.164BB+Ba1BBB-A
    SerbiaSerbiaUnderweight-3.01655.43718.9911.556.937-6.13740.16347.6160.118BB-B1B+BB-
    Slovak RepublicSlovak RepublicOverweight-6.2111.87422.2670.3965.459-2.98539.465-1.135
    South AfricaSouth AfricaUnderweight7.13-176.007.55-750.00-5.801369.85414.027059.720.15829.12860.276-4.94BBB-Baa1BBBA
    Sri LankaSri LankaUnderweight26.39582.00-0.53692.11125.9714.522.184-3.63113.978B+B1BB-B+
    TurkeyTurkeyUnderweight7.29-69.008.11-249.00-4.998813.8125.1731284.040.38630.48624.882-5.14BB+Baa3BBB-BB-
    UkraineUkraineUnderweight7.53-329.0012.13-982.00-7.731161.87216.2917.67641.702-2.01537.666-2.508BBB-Caa1CCCB-
    UruguayUruguayUnderweight3.27-54.00-362.91718.76883.531-2.49130.57253.173-3.92BBB-Baa2BBB-BB+
    VenezuelaVenezuelaUnderweight0.000.00-1562.921n/a15,000.0025.922.41n/aBB2B+BB+
    VietnamVietnamUnderweight3.45-235.006.10-271.002.7284.84728.167296.4070.72723.287BB-B1B+B+
    ZambiaZambiaOverweight36.26156.0010.99-261.00-3.50723.34236.8312.718.882-1.99719.70982.437B+B+
    Hong KongHong KongUnderweight3.87-10.00AAAAa1AA+AAA
    IndiaIndiaUnderweight3.82-85.007.48-230.001.8713202.18329.4842.7341369.557-0.59219.696-7.047BBB-Baa3BBB-BBB+
    IsraelIsraelUnderweight5.20-102.00-6.288410.50124.312-1.59.233.54535.8759.693-3.789A+A1AA-
    JamaicaJamaicaUnderweight6.91-23.0035.81-585.00-5.60516.47416.0534.92.891-7.83429.066CCC+B3B-
    KoreaKorea (South)Overweight2.793.00-1.1781626.55333.484-0.352.0564.94622.60316.897-0.338
    QatarQatarOverweight2.61-86.002.94-148.00-4.345195.22553.7662.76-1.9236.437AAAa2AA-
    SingaporeSingaporeOverweight3.5627.00-3.47369.62743.689-0.4375.70214.82218.5890.518AAAAaaAAAAAA
    ThailandThailandUnderweight3.679.00-6.662557.30930.712-1.05768.0165.16521.4170.053BBB+Baa1BBB+BBB
    United Arab EmiratesUnited Arab EmiratesOverweight2.66-97.005.20-150.00-3.492414.0237.728-111.0771.5228.401Aa2BBB+


    Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly

    BondCountryYieldYield Change % pts
    ISRAEL (STATE OF) 47Israel5.290.88
    ISRAEL (STATE OF) 52Israel5.330.81
    ISRAEL (STATE OF) 42Israel5.100.77
    ISRAEL (STATE OF) 37Israel5.010.75
    ISRAEL (STATE OF) 32Israel4.610.48
    AUSTRALIA (COMMONWEALTH OF) RegS 41Australia5.160.46
    AUSTRALIA (COMMONWEALTH OF) RegS 39Australia5.090.44
    AUSTRALIA (COMMONWEALTH OF) RegS 47Australia5.220.44
    AUSTRALIA (COMMONWEALTH OF) RegS 34Australia4.870.43
    AUSTRALIA (COMMONWEALTH OF) RegS 37Australia4.980.43
    AUSTRALIA (COMMONWEALTH OF) RegS 35Australia4.900.43
    AUSTRALIA (COMMONWEALTH OF) RegS 33Australia4.810.42
    AUSTRALIA (COMMONWEALTH OF) RegS 33Australia4.830.42
    AUSTRALIA (COMMONWEALTH OF) RegS 32Australia4.810.42
    AUSTRALIA (COMMONWEALTH OF) RegS 34Australia4.850.42
    AUSTRALIA (COMMONWEALTH OF) 32Australia4.780.41
    AUSTRALIA (COMMONWEALTH OF) RegS 51Australia5.190.41
    AUSTRALIA (COMMONWEALTH OF) 31Australia4.710.40
    AUSTRALIA (COMMONWEALTH OF) RegS 30Australia4.670.40
    AUSTRALIA (COMMONWEALTH OF) RegS 31Australia4.740.39


    Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly

    BondCountryYieldYield Change % pts
    ISRAEL (STATE OF) 24Israel3.97-0.60
    ISRAEL (STATE OF) 25Israel4.09-0.47
    ISRAEL (STATE OF) 25Israel4.20-0.31
    CANADA (GOVERNMENT OF) 24Canada4.93-0.30
    CANADA (GOVERNMENT OF) 25Canada4.60-0.29
    CANADA (GOVERNMENT OF) 25Canada4.63-0.29
    CANADA (GOVERNMENT OF) 27Canada4.16-0.27
    CANADA (GOVERNMENT OF) 25Canada4.75-0.27
    CANADA (GOVERNMENT OF) 27Canada4.23-0.27
    CANADA (GOVERNMENT OF) 25Canada4.87-0.27
    CANADA (GOVERNMENT OF) 25Canada6.55-0.26
    CANADA (GOVERNMENT OF) 25Canada4.76-0.25
    CANADA (GOVERNMENT OF) 27Canada4.10-0.25
    CANADA (GOVERNMENT OF) 25Canada4.67-0.24
    CANADA (GOVERNMENT OF) 26Canada4.44-0.23
    CANADA (GOVERNMENT OF) 26Canada4.33-0.22
    CANADA (GOVERNMENT OF) 26Canada4.36-0.21
    CANADA (GOVERNMENT OF) 28Canada4.00-0.20
    CANADA (GOVERNMENT OF) 28Canada4.10-0.19
    ISRAEL (STATE OF) 26Israel4.29-0.18


    Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)

    BondCountryYieldYield Change %pts
    HAWAIIAN BRAND INTELLECTUAL PROPER 144A 26United States20.229.73
    HEIMSTADEN AB RegS 26Sweden50.008.23
    SPIRIT IP CAYMAN LTD 144A 25United States16.067.98
    ATOS SE RegS 28France18.177.48
    CHS/COMMUNITY HEALTH SYSTEMS INC 144A 28United States30.826.68
    TELE COLUMBUS AG RegS 25Germany50.006.67
    DISH DBS CORP 26United States25.646.58
    IHEARTCOMMUNICATIONS INC 27United States24.905.65
    ARDAGH PACKAGING FINANCE PLC 144A 27United States16.345.54
    ARDAGH PACKAGING FINANCE PLC 144A 27United States16.345.54
    PCF GMBH RegS 26Germany21.345.52
    CHS/COMMUNITY HEALTH SYSTEMS INC 144A 29United States26.425.36
    SPIRIT IP CAYMAN LTD 144A 25United States13.235.14
    ARDAGH PACKAGING FINANCE PLC/ARDAG RegS 27United States16.815.01
    BAUSCH HEALTH COMPANIES INC 144A 27Canada26.824.91
    CHS/COMMUNITY HEALTH SYSTEMS INC 144A 30United States24.424.84
    BAUSCH HEALTH COMPANIES INC 144A 27United States25.624.53
    MICHAELS COMPANIES INC 144A 29United States22.294.31
    FOXTROT ESCROW ISSUER LLC 144A 26United States20.304.23
    BAUSCH HEALTH COMPANIES INC 144A 28United States22.784.20


    Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)

    BondCountryYieldYield Change %pts
    RITE AID CORPORATION 144A 26United States--29.38
    RAKUTEN GROUP INC 144A 24Japan-5.00-11.18
    CANARY WHARF GROUP INVESTMENT HOLD RegS 25United Kingdom11.69-3.18
    CANARY WHARF GROUP INVESTMENT HOLD RegS 26United Kingdom13.08-3.01
    AMS OSRAM AG RegS 25Austria7.42-2.10
    SPIRIT AEROSYSTEMS INC 144A 25United States7.68-1.77
    LUMEN TECHNOLOGIES INC 144A 27United States16.82-1.27
    SPIRIT AEROSYSTEMS INC 28United States10.27-1.24
    VERICAST MERGER SUB INC 144A 26United States8.10-0.92
    MPT OPERATING PARTNERSHIP LP / MPT 25United States12.18-0.88
    FRONTIER COMMUNICATIONS HOLDINGS L 144A 29United States12.06-0.76
    FRONTIER COMMUNICATIONS HOLDINGS L 144A 30United States11.71-0.74
    CONSOLIDATED COMMUNICATIONS INC 144A 28United States12.23-0.73
    SINCLAIR TELEVISION GROUP INC 144A 30United States12.02-0.73
    MPT OPERATING PARTNERSHIP LP / MPT 26United States11.12-0.69
    OFFICE PROPERTIES INCOME TRUST 25United States18.71-0.68
    EW SCRIPPS CO 144A 27United States14.43-0.65
    FRONTIER COMMUNICATIONS HOLDINGS L 29United States11.74-0.63
    JAGUAR LAND ROVER AUTOMOTIVE PLC RegS 26United Kingdom6.16-0.52
    GAP INC 144A 29United States9.15-0.52


    Top 30 DM Souvereign Eurobonds by Yield

    NameISINcountryMaturityCouponYTW
    CANADA (GOVERNMENT OF)CA135087N340CanadaApr 01, 20251.506.55
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT541C9New ZealandMay 15, 20411.755.70
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT437C0New ZealandApr 15, 20372.755.66
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT551C8New ZealandMay 15, 20512.755.62
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT425C5New ZealandApr 15, 20252.755.60
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT534C4New ZealandMay 15, 20344.255.54
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT433C9New ZealandApr 14, 20333.505.50
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT532C8New ZealandMay 15, 20322.005.47
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT531C0New ZealandMay 15, 20311.505.44
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT530C2New ZealandMay 15, 20304.505.40
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT429C7New ZealandApr 20, 20293.005.34
    ISRAEL (STATE OF)IL0011840761IsraelNov 29, 20522.805.33
    ITALY (REPUBLIC OF)IT0005534141ItalyOct 01, 20534.505.33
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT526C0New ZealandMay 15, 20260.505.32
    NEW ZEALAND (GOVERNMENT OF) RegSNZGOVDT427C1New ZealandApr 15, 20274.505.30
    NEW ZEALAND (GOVERNMENT OF)NZGOVDT528C6New ZealandMay 15, 20280.255.30
    ISRAEL (STATE OF)IL0011401937IsraelMar 31, 20473.755.29
    ITALY (REPUBLIC OF)IT0005530032ItalySep 01, 20434.455.27
    ITALY (REPUBLIC OF)IT0004923998ItalySep 01, 20444.755.26
    ITALY (REPUBLIC OF)IT0005363111ItalySep 01, 20493.855.24
    AUSTRALIA (COMMONWEALTH OF) RegSAU000XCLWAS7AustraliaMar 21, 20473.005.22
    ITALY (REPUBLIC OF)IT0004532559ItalySep 01, 20405.005.20
    ITALY (REPUBLIC OF)IT0005083057ItalySep 01, 20463.255.20
    ITALY (REPUBLIC OF)IT0005273013ItalyMar 01, 20483.455.20
    AUSTRALIA (COMMONWEALTH OF) RegSAU0000097495AustraliaJun 21, 20511.755.19
    ITALY (REPUBLIC OF)IT0004286966ItalyAug 01, 20395.005.17
    ITALY (REPUBLIC OF)IT0005398406ItalySep 01, 20502.455.17
    AUSTRALIA (COMMONWEALTH OF) RegSAU0000018442AustraliaMay 21, 20412.755.16
    ITALY (REPUBLIC OF)IT0005162828ItalyMar 01, 20472.705.16
    ITALY (REPUBLIC OF)IT0005377152ItalyMar 01, 20403.105.16


    Top 30 DM Corporate Eurobonds by Yield

    NameISINcountryMaturityCouponYTW
    VIA CELERE DESARROLLOS INMOBILIARI RegSXS2321651031SpainApr 01, 20265.2550.00
    LA FINANCIERE ATALIAN SAS RegSXS1605600532FranceMay 15, 20244.0050.00
    TELE COLUMBUS AG RegSXS1814546013GermanyMay 02, 20253.8850.00
    HEIMSTADEN AB RegSSE0015657903SwedenMar 09, 20264.2550.00
    AUDACY CAPITAL CORP 144AUS29365DAA72United StatesMay 01, 20276.5050.00
    AUDACY CAPITAL CORP 144AUS29365DAB55United StatesMar 31, 20296.7550.00
    RADIOLOGY PARTNERS INC 144AUS75041VAA26United StatesFeb 01, 20289.2541.05
    RACKSPACE TECHNOLOGY GLOBAL INC 144AUS750098AA35United StatesDec 01, 20285.3836.72
    LUMEN TECHNOLOGIES INC 144AUS156700BD72United StatesJan 15, 20294.5034.18
    CURO GROUP HOLDINGS CORP 144AUS23131LAE74United StatesAug 01, 20287.5033.77
    STAPLES INC 144AUS855030AP77United StatesApr 15, 202710.7532.66
    ALTICE FRANCE HOLDING SA 144AUS02156TAB08LuxembourgMay 15, 202710.5032.26
    BAUSCH HEALTH COMPANIES INC 144AUS071734AK34United StatesFeb 15, 20296.2531.49
    CHS/COMMUNITY HEALTH SYSTEMS INC 144AUS12543DBE94United StatesApr 01, 20286.8830.82
    ALTICE FRANCE HOLDING SA 144AUS02156TAA25LuxembourgFeb 15, 20286.0030.74
    ALTICE FRANCE HOLDING SA RegSXS2138128314LuxembourgMay 15, 20278.0030.14
    KLEOPATRA HOLDINGS 2 SCA RegSXS2298382453LuxembourgSep 01, 20266.5029.80
    COMMSCOPE TECHNOLOGIES LLC 144AUS20338HAB96United StatesMar 15, 20275.0028.58
    TALKTALK TELECOM GROUP PLC RegSXS2121167345United KingdomFeb 20, 20253.8828.45
    BAUSCH HEALTH COMPANIES INC 144AUS071734AJ60United StatesJan 30, 20305.2527.28
    COMMSCOPE INC 144AUS20338QAA13United StatesMar 01, 20278.2526.85
    BAUSCH HEALTH COMPANIES INC 144AUS071734AP21CanadaFeb 01, 20276.1326.82
    ALTICE FRANCE HOLDING SA RegSXS2138140798LuxembourgFeb 15, 20284.0026.67
    CHS/COMMUNITY HEALTH SYSTEMS INC 144AUS12543DBJ81United StatesApr 15, 20296.8826.42
    DISH DBS CORPUS25470XAY13United StatesJul 01, 20267.7525.64
    BAUSCH HEALTH COMPANIES INC 144AUS071734AC18United StatesAug 15, 20275.7525.62
    COMMSCOPE INC 144AUS203372AV94United StatesJul 01, 20287.1325.55
    RACKSPACE TECHNOLOGY GLOBAL INC 144AUS750098AB18United StatesFeb 15, 20283.5025.15
    BAUSCH HEALTH COMPANIES INC 144AUS071734AQ04CanadaSep 30, 202811.0024.98
    BAUSCH HEALTH COMPANIES INC 144AUS071734AL17CanadaFeb 15, 20315.2524.92

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