Sentences with phrase «at the investment grade»

This event illustrates how central banks have distorted the credit markets and allowed inferior borrowers access credit at investment grade spreads.

In late October, Dominion Bond Rating Service (DBRS) decided to keep Portugal's sovereign rating at investment grade, maintaining the country's BBB (low) rating with a «stable» outlook on the back of its progress in reducing the fiscal deficit and proactive measures to strengthen the banking sector.

For newly issued BBB bonds, there is an increase in change of control covenants, which would allow bondholders to sell their bonds at investment grade levels (if not better) in a takeover.

Not exact matches

In order to come up with 10 names, we included six stocks with debt ratings as low as BBB +, which is still investment grade, albeit at the lower end of the scale.

Only seven Brazilian companies still hold an investment - grade rating from at least two sources.

«Particularly with oil prices hitting lows at some point in the first quarter... lots of sub investment - grade firms could be under a lot of stress, and for those with stronger balance sheets, those companies could take this as an opportunity to buy and acquire assets,» Deshpande said in a phone interview.

Fitch and S&P joined DBRS at the end of 2017 in giving Portugal's debt an «investment grade» after years of considering it «junk.»

At the moment, the ECB can not purchase Greek bonds because they do not have an investment grade rating.

The new company will have a strong closing balance sheet and a fully funded business plan with a strong foundation of secured investment grade debt at close.

Under normal market conditions, the Near - Term Tax Free Fund invests at least 80 percent of its net assets in investment grade municipal securities whose interest is free from federal income tax, including the federal alternative minimum tax.

I wanted to offer investment - grade bullion at the best available prices by buying from the largest bullion wholesalers in the world.

Previously, Mr. Woolford worked at CIBC World Markets, Morgan Stanley & Co and BT Securities where he was responsible for originating, structuring and distributing high yield and investment grade private placement securities.

When bonds yield 1.75 % for investment - grade bonds, then it's difficult to turn that into a 5 % -10 % return going forward... If he wants to argue against that, and talk about Dow 5000 and bear and bull markets, then he's welcome to, but he's pushing at windmills in my opinion, and he belongs back in his ivory tower.

At the beginning of 2016, U.S. high yield spreads were among the widest versus investment grade since the financial crisis.

The Near - Term Tax Free Fund invests at least 80 percent of its net assets in investment - grade municipal securities.

Each account will contain investment - grade taxable bonds rated BBB − or higher at time of purchase.2 The investment team will seek to maintain an overall portfolio credit rating average of A −.2 Please be aware that lower rated bonds do carry additional risk compared to higher rated bonds.

More broadly, he says that while corporate credit may benefit from aspects of tax reform (i.e., better earnings growth from the corporate tax cuts, modestly lower investment grade supply as repatriation becomes reality), he does not see tax cuts at this point in the cycle as a bullish driver of credit spreads.

The committee members also voted unanimously to maintain the current asset - purchase program, which includes purchasing UK government bonds at # 435 billion and non-financial investment - grade corporate bonds at # 10 billion per month respectively.

On the other end of the scale, Schwab will only let you search investment grade bonds online (you must call the bond desk to trade junk), will only let you buy online (you must call to sell), and does not allow limit orders at all.

«The idea of focusing on investment - grade assets is clever as it avoids the Greek issue, which could allow them to announce the full details of the program in January,» said Nick Kounis, head of macro research at ABN Amro Bank NV in Amsterdam.

For example, Fidelity will allow you to search both investment grade and junk bonds, show you the number of bonds available at both the bid and ask price, and will even allow you to submit a limit order (although you can not put in a good until cancelled order or one that is more than a small amount away from the current bid / ask).

When we look at investment - grade credit, high - yield and leveraged loans, we see a lot of the same characteristics or fundamental drivers.

And while principal value can fluctuate on an interim basis as interest rates wax and wane, capital, at maturity — when one lends to investment grade entities — is rarely in peril.

Sales volume for new investment - grade corporate debt is at its lowest level since 2014.

Plenty of investment - grade credit bonds suspended coupon payments in the Depression, transiting directly from A to D rating without even making a pit stop at a C junk rating.

Corporate borrowers have seldom had it so good, particularly at the vast majority of companies around the world without an investment - grade credit rating.

The triple - B share of the investment - grade bond market is at an all - time high of 48 %.

Credit rating = investment grade at BBB +.

At issuance, around 90 per cent of the bonds and loans in domestic CDOs were investment grade (rated BBB or above by S&P), with 10 per cent sub-investment grade or unrated.

At its peak, Teck had more than $ 7 billion in debt outstanding, which caused its leverage ratio to rise, resulting in the company not only losing its investment - grade credit rating but getting downgraded deep into junk territory.

The Barclays U.S. Credit Index is the credit component of the Barclays Capital U.S. Aggregate Bond Index, which is a broad - based bond index comprised of government, corporate, mortgage and asset - backed issues, rated investment grade or higher, and having at least one year to maturity.

The Near - Term Tax Free Fund invests at least 80 percent of its net assets investment - grade municipal securities.

In the absence of a pickup in consumer spending, annualized, real GDP — adjusted for inflation — is forecast to be between 2 % and 2.5 %, instead of the 4 % average since World War II, and annualized returns on US equities and investment - grade bonds is estimated at 4 % and 1 %, respectively, for the next 10 years.

A diversified bond fund that invests at least 70 % of its assets in investment - grade debt with tactical investments in high - yield and non-U.S. dollar bonds.

Investment grade bonds offer income with very low probability of default and reversion to cash at maturity.

Lower fuel bills will act as a tax cut to boost growth instead, said Mark Dowding, the co-head of investment - grade bonds at BlueBay Asset Management, which oversees $ 66 billion.

TORONTO, APRIL 9, 2018 — Franklin Templeton Investments Canada today announced a management fee reduction for Franklin Liberty Canadian Investment Grade Corporate ETF (FLCI) to provide Canadians with an actively managed, investment grade corporate ETF at a lInvestment Grade Corporate ETF (FLCI) to provide Canadians with an actively managed, investment grade corporate ETF at a linvestment grade corporate ETF at a lower cost.

Similarly, within investment - grade credit (IG), employing the metric of the ratio of yield per unit of duration makes the front - end look profoundly more attractive than at any point post crisis.

Best for: Investors who have a sufficient amount of gold bullion in liquid sovereign coins and want to buy larger amounts of investment - grade bullion at a lower premium.

The European Central Bank on Thursday delivered basically what the market expected for QE: 60 billion euros of purchases per month directed at investment - grade - rated government and agency debt and with a total size, considering the contemplated end date by September 2016, of around one trillion euros.

Brett Wiskar: As part of Meat and Livestock Australia (MLA)'s «Precision to Decision» investment programme, we took a look at the grading process in red meat factories in Australia, called Meat Standards Australia (MSA) grading.

KDP anticipates total net debt at closing to be approximately $ 16.6 billion and it anticipates maintaining an investment grade rating, it says.

KDP anticipates total net debt at closing to be approximately $ 16.6 billion and it anticipates maintaining an investment grade rating.

The value of a stay at home mom must not be graded on the cleanliness of her home, it shall be valued for their selfless investment in their children.

The authors found that an investment of $ 1,110 per child in the More at Four preschool program (now called NC Pre-K)-- the funding level in 2009 — reduced the likelihood of third - grade special education placements by 32 percent.

Now, Palacios is a second - grade bilingual teacher at New Highland Academy, an Oakland, California, elementary school that has pioneered education reform through the state's Quality Education Investment Act (QEIA), a $ 3 billion investment that brought smaller classes and additional school cInvestment Act (QEIA), a $ 3 billion investment that brought smaller classes and additional school cinvestment that brought smaller classes and additional school counselors.

Our preferred models suggest that the combined average effects on test scores of investments in both programs at 2009 funding levels are equivalent to two to four months of instruction in grade 3.

The investment appears to pay off: Students at the school learn faster than their peers nationwide, and 98 percent who finish eighth grade go on to graduate from high school, according to school officials.

(B) SENIOR DEBT. - Notwithstanding subparagraph (A), in a case in which the Federal credit instrument is the senior debt, the Federal credit instrument shall be required to receive an investment grade rating from at least 2 rating agencies, unless the credit instrument is for an amount less than $ 75,000,000, in which case 1 rating agency opinion shall be sufficient.»

(3) PRELIMINARY RATING OPINION LETTER. - The Secretary shall require each project applicant to provide a preliminary rating opinion letter from at least 1 rating agency -» (A) indicating that the senior obligations of the project, which may be the Federal credit instrument, have the potential to achieve an investment - grade rating; and» (B) including a preliminary rating opinion on the Federal credit instrument.»