Sentences with phrase «foreign currency bonds»

Indeed, Canadian plan sponsors have been able to invest in foreign currency bond issues of Canadian issuers for many years.

The poor returns and volatility of foreign currency bond mandates relative to Canadian fixed income mandates have not made this an attractive asset class.

The emerging market slaughter will continue, especially for countries with weaker fundamentals; their equities, currency and local currency bonds and foreign currency bonds bearish slump has not yet reached the bottom.

We do not expect a major investment in foreign currency bonds by sponsors.

It is also unlikely that plan sponsors will take advantage of the dropping of the foreign property limits to make substantial investments in foreign currency bond issues.

Record foreign currency bond issuance by Australian entities in 2004 has pushed up the cost of converting foreign currency to Australian dollars and made it cheap for foreigners to do the opposite (Graph B3).

Diversify into foreign currency bonds.

Japan's Asahi Mutual Life Insurance Co plans to invest 100 billion yen this fiscal year in foreign currency bonds without hedging, or «open» foreign bonds, and also cut exposure to dollar assets, a senior company executive said on Wednesday.

This is the first foreign currency bond offering by the Ministry of Finance since 2004.

At the end of August, Russia defaulted — not on its foreign currency bonds, which would have been no surprise, but on its rouble - denominated obligations.

On Wednesday, July 30th, S&P cut the credit rating on Argentina's foreign currency bonds to «selective default» after they failed to reach a deal with holdout bondholders from their last default in 2001.

During the 2008 financial crisis the carry trade and foreign currency bonds in general came under criticism in Japan for contributing to the crisis.

Some Canadian dealers have developed excellent Eurobond operations, which issue foreign currency bonds to European investors.

But these foreign currency bonds get increasingly difficult to service for these countries when the local currency crashes.