Debt Management
Argentina reimposes currency controls as peso plummets
Authorities aim to stem depreciation of peso, down 23.9% against dollar since August 11
Argentina opens IMF talks as crisis deepens
Government extends debt maturity and pledges reserves will not be used to repay international investors
Germany issues first ever zero coupon 30-year bond
Move raises questions over how ECB will respond to tough conditions, analysts say
IMF negotiating new arrangement with São Tomé and Príncipe
São Tomé’s IMF arrangement expired last year
Zimbabwe holds first treasury bill auction in seven years
But finance minister says inflation figures will not be published until next year
African governors discuss concerns over rising debt
Central bankers stress need for African cooperation in face of weakening global economy
Mexican currency under pressure over ratings downgrades
Fate of the sovereign is increasingly linked to struggling oil company Pemex
IMF and World Bank develop system to support debt management
System provides methodology and analytical tools for countries in the process of adopting these techniques
Barbados central bank comes under fire over tourism data
Minister says he has “no idea” where the governor got his information
Central banks still value diversification, say reserve managers
Rise in US yields does not outweigh the benefits of forex diversification, say Nalm delegates
Mersch: no political appetite for ‘European safe bonds’
Proposal for pooled, tranched bonds “interesting”, but public likely to be suspicious
Post-Brexit gilt auctions met with strong demand
Trends in gilt yields show UK debt still seen as ‘safe haven’ asset, says analyst
Ugandan deputy calls for caution in forecasting deficits
Louis Kasekende warns of potential for governments to lose access to markets
Debt deal struck but ‘heated’ discussions await Argentine president in congress
Analysts ultimately expect it to be approved though it may be an ‘uphill battle’
Snapshot: IMF reveals staff views on Argentina
IMF releases informal briefings compiled in absence of Article IV
Eurozone sovereign debt crisis has increased financial fragmentation, paper argues
Risk premia for corporate bonds differ according to country of origin, researchers say
Denmark focuses on long-dated issuance amid low rates
Central bank accepts higher costs to lower interest rate risks
Argentina inches towards repaying debt
Montreux Partners and EM settle; four creditors yet to agree on removing injunction
Debt repayment problems have ‘severe consequences’ on consumption, paper finds
Quarterly consumption 30% lower when debt repayment problems arise
Jamaican officials point to management plans as debt falls
Jamaica set to reduce debt-to-GDP ratio to 125% in pursuit of 90% target
RBI sheds new light on debt management strategy
Central bank hopes to give investors greater certainty
Mass walkout at RBI disrupts clearing and settlement
The majority of the RBI’s 17,000 staff took ‘mass casual leave’ today
IMF paper challenges idea of debt threshold effect
Debt trajectory is important, researchers find
Argentine reserves spared as US court overturns ruling
Central bank will not have to pay back money owed by government