What Happens when a Country’s Rating is Upgraded?
Securing a favourable credit rating is paramount for countries seeking access to international funding for development initiatives. By inviting a Credit Rating Agency [...]
Credit Rating Agencies and Loan Covenants
In the intricate landscape of finance, loan covenants serve as pivotal components shaping the dynamics between lenders and borrowers. Essentially, a covenant constitutes [...]
Credit Rating and Market Infractions (Part 3 of 5)
In a recent development, the co-founder and CEO of FTX, Benjamin Bankman-Fried, aged 32, received a 25-year prison sentence on March 28, 2024. [...]
Emerging Trends and Ratings Performance in 2024
Reflecting on the dynamic global market of 2023, economic and socio-political events underscored volatility, spanning inflation, interest rate risks, currency fluctuations, and commodity [...]
How Rating Downgrade Affects a Country
In today's globally intertwined economy, a country's credit rating downgrade sends ripples across investors, businesses, and society, signalling potential challenges. The repercussions extend [...]
Callable Capital and Credit Rating: Looking Forward
Callable Capital is a special type of guarantee committed by government shareholders as a last resort for repaying debt obligations to bond holders [...]