Tag: Emerging Markets

NBU’s new governor Shevchenko creates uncertainty around Ukrainian currency and bonds as the question of Central Bank Independence remains unanswered.

28th Jul 2020

(Arnav Barry) Ukraine’s central bank crisis seems to have come to an end after 2 weeks of turmoil. Bond prices jumped on Thursday as President Zelensky chose to appoint Kyrylo Shevchenko, former head of Ukrgasbank to head up the NBU after the shock resignation of Mr Smolii in tumultuous circumstances. Mr Smolii resigned after citing continuous … More NBU’s new governor Shevchenko creates uncertainty around Ukrainian currency and bonds as the question of Central Bank Independence remains unanswered.

Filipino bonds have the best prospects amongst Asian emerging markets as governments consider QE to combat grim economic outlook

16th Jul 2020

(Arnav Barry) Investors have been divided over the prospects for emerging market debt since the Covid-19 as many developing countries now face tough economic decisions about how to rebuild after months of lockdown. Government bonds in frontier markets now have a greater risk of default due to large debt burdens taken on by countries, but … More Filipino bonds have the best prospects amongst Asian emerging markets as governments consider QE to combat grim economic outlook