Tag: rating agencies
How pension funds and insurers were able to invest billions in real estate junk bonds
Luxembourg The fund service providers create shell companies with cryptic names for the business. (Photo: new-horizons.eu/ddp images) Zurich They are among the riskiest interest-bearing securities on the market: subordinated debt…
How pension funds and insurers were able to invest billions in real estate junk bonds
Luxembourg The fund service providers create shell companies with cryptic names for the business. (Photo: new-horizons.eu/ddp images) Zurich They are among the riskiest interest-bearing securities on the market: subordinated debt…
Greece’s credit rating: Investment grade rating delayed
Greece Greek debt securities are still classified as “non-investment grade” by the major rating agencies. (Photo: dpa) Athens Greek Finance Minister Christos Staikouras is feeling the effects of rising interest…
Why a state bankruptcy in Russia is hardly avoidable
View of Moscow Sanctions hit Russia hard – and its creditors. (Photo: imago images/Russian Look) Frankfurt Rating agencies, investors and banks have made their judgments. A state bankruptcy in Russia…