Sentences with phrase «of eurobonds»

He stated, «The balance of the 2017 external borrowing, in the sum of $ 3.2 bn, is planned to be partially sourced from issuances in the ICM of $ 2.5 bn through Eurobonds or a combination of Eurobonds and Diaspora Bonds, while $ 700m is proposed to be raised from multilateral sources.

The letter read in part, «Accordingly, the Senate is requested to kindly approve the following external borrowings: Issuance of $ 2.5 bn in the international capital market through Eurobonds, or a combination of Eurobonds and Diaspora bonds for the financing of the Federal Government of Nigeria's 2017 Appropriation Act and capital expenditure projects in the Act.

«The Federal Government of Nigeria plans to source $ 3bn through the issuance of Eurobonds in the ICM and / or loan syndication by banks, as approved by the Federal Executive Council at its meeting of August 9, 2017,» he said.

In this perspective, the proposals of introducing an EU tax on financial transactions, the idea of including a «golden rule» of budgetary balance in national legislation, as well as the decision to support the creation of a permanent Eurozone Council, are arguably all steps paving the way to issuing of Eurobonds.

The creation of eurobonds and a European treasury.

Social hardship in the South will not end unless the creditor states agree on a sizable transfer of resources to debtor states through a kind of Eurobonds and social transfers from the EU budget.

BRAZZAVILLE, April 19 (Reuters)- Congo Republic's current efforts to restructure its external debt will not affect multilateral creditors or holders of its Eurobond and regional bond, Prime Minister Clement Mouamba said in a statement late on Wednesday.

On 6th May, 2016 he lied that Government had diverted US$ 250 million out of the Eurobond issue of 2015 into a private account operated by a private bank.

«Issuance of Eurobond in the ICM and / or loans syndication by the banks in the sum of $ 3bn for refinancing of maturing domestic debts obligations of the Federal Government of Nigeria, while looking forward to the timely approval of the National Assembly to enable Nigerians to take advantage of these opportunities for funding.»

Not exact matches

Macron has said he hopes to pool liability for various kinds of debt: a completed banking union would ensure bailout costs for individual financial institutions would be distributed across the continent rather than borne by individual countries, and the so - called Eurobonds would allow national governments to borrow money against a joint continental credit rating.

The anxiety now appearing in the form of stock - market pullbacks and rising eurobond yields seems destined to build until policymakers once again panic themselves and issue further rounds of stimulus.

As with the EMBI +, the EMBI Global includes U.S. dollar - denominated Brady bonds, loans, and Eurobonds with an outstanding face value of at least $ 500 million.

The debate on issuing «Eurobonds» is also increasingly heated, with commentators including Nobel Prize winner Josef Stiglitz considering it as the most viable solution out of the crisis.

In order to reduce the risk of moral hazard, it would be ideal to follow the so - called «Blue Bond» proposal and limit the amount that Eurozone member states can obtain through Eurobonds to a certain debt - to - GDP ratio.

Net Foreign Financing will amount to about GH cents 3 billion (including a Eurobond of up to GH cents 1.0 billion), equivalent to 1.2 percent of GDP.Net Domestic Financing will constitute about 73 percent of total financing and includes financing from bank and non-bank sectors, other domestic sources such as diverstiture proceeds andmineral royalty prepayment.

Commenting on the current state of the economy, the President, referencing the recent over subscription of Ghana's fifth Eurobond, said international investors would not have subscribed to the bond if they believed that the economy was collapsing.

Mr Hollande secured a majority of support for his plan to introduce eurobonds, which would share the continent's debts more broadly.

Even the Nigerian government had to postpone its $ 1billion Eurobond which was slated for 2016 to 2017 when a better investment environment had begun to emerge with rising oil prices, larger foreign reserves, a new economic policy document and CBN policy refinements which have significantly increased the supply of foreign currency and narrowed the gap between the various exchange rates.»

Incidentally Businessday featured in its edition of May 18, (the same day the academic economist's treatise was printed) a report that «Senegal raises $ 1.1 bn Eurobond at lower cost than Nigeria's $ 1.5 bn».

Put simply my statement which the academic economist found objectionable was that multiple and wildly divergent foreign exchange rates and unclear economic policy were a deterrent to foreign direct investment in 2016, which he disputed contending that in spite of those conditions, Nigeria could still «attract» significant foreign direct investment in support of which he offered two illustrations - a purported 1994 investment in Nigeria LNG when he claims a dual exchange rate system existed and the recent Eurobond fund raising.

Government has also obtained parliamentary approval to issue up to $ 2.5 billion of sovereign debt, including a $ 1 billion Eurobond, by the end of this month.

Ghana has in the last 8 years issued four eurobonds generating a total of $ 3.75 billion.

The rippling effect is seen in the over subscription of the current Eurobond to the tune of 4billion euros, signaling extreme confidence in Ghana's economic outlook.

«The table on the screen shows that contrary to the claims by the president, except for the fiscal deficit, on virtually every single indicator such as GDP growth, inflation, exchange rates, exports, Eurobond interest rates, debt to GDP ratio, and so on, the performance of the economy in 2013 was better than 2014 and 2015.

The MPs could not break for Christmas because of a rumpus in the House over a vote on the Eurobond.

But this year a combination of an IMF bailout programme, a US$ 1.8 billion cocoa syndicated loan, a US$ 750 million Eurobond and the central bank's tightening of the monetary policy has led to the cedi recording one of its best performances in recent years.

In what is a clear admission that this is in fact the case, the Minister of Finance during a press conference on August 24th 2016, stated that out of the $ 1 billion Eurobond: «We spent just about $ 500 million, and carried the remaining $ 500 million as a buffer as we go into zero financing.

«Without any major upset (especially with respect to fiscal slippages), we expect this decision, combined with the recent amendments to the surrender and repatriation of export receipts announcement by the Bank of Ghana, Eurobond issuance and cocoa loan syndication, to keep the currency market and inflation relatively stable in Q4 - 2016,» the report said.

Governor of the Bank of Ghana, Dr. Abdul Nashir Issahaku has dismissed allegations that the Ministry of Finance contravened section (53) of the BoG Act 612 when it transferred 250 million dollars of the 1 billion dollar Eurobond proceeds to a private account.

Contrary to the claims by the President, except for the fiscal deficit, on virtually every single indicator such as GDP growth, inflation, exchange rate, exports, Eurobond interest rates, debt / GDP ratio, etc. the performance of the economy in 2013 was better than in 2014 and 2015.

When Ghana issued its first Eurobond under the NPP in 2007, the spread (i.e. the difference) between the interest rate on the bond and US treasuries of similar tenor was 3.87 %.

Balls will also mention tough measures to tackle tax avoidance, including a promise to close the «eurobonds» loophole, which allows companies to shift profits out of the UK and has been estimated to cost up to # 500m a year in lost revenues.

There is an indication that the Upper Chamber of the National Assembly has in a closed door meeting approved $ 1 billion Eurobond requested by President Muhammadu Buhari to finance the 2016 Budget deficit.

The index is designed to track the performance of euro - and British pound sterling - denominated below investment grade corporate debt publicly issued in the eurobond, sterling domestic or euro domestic markets by issuers around the world.

The dividend's due to be paid by Dec - 31st, and they've also said they intend to buy back Eurobonds — one or both of these happen, that would hopefully boost sentiment & might also silence the doubters out there who appear to believe there's no substance to the company & its balance sheet (next they'll say the chicken farms don't exist!?!?).

Eurobond This describes any international corporate or government bond that is denominated in a currency held outside its country of origin.

Then, in Exhibit 2, we can see the performance differences between the S&P 500 Bond Index (MXN), S&P / BMV Sovereign International UMS Bond Index, and the S&P / BMV Corporate Eurobonos Bond Index, both of which include the returns of the currency, since they track the eurobond market (bonds issued outside of Mexico in U.S. dollars), expressed in Mexican pesos.

Eurobonds are bonds that are denominated in a currency other than that of the European country in which they are issued.

This was down to their $ 200 million 5 year 10 % Eurobond issuance in 2010, plus the elimination of high - earning UAH deposits with a related party bank.

Noureddine Ferchiou and Omar Ferchiou advised Natixis as one of the arranging banks on a $ 1bn Eurobond issuance by the Central Bank of Tunisia.

In addition, a number of Nigerian financial institutions have refused to renew their Eurobond issues as they do not intend to expand their US Dollar loan assets.

Led by Dechert's capital markets head Camille Abousleiman, the deal is the latest in a long line of Egyptian bond issues the firm has advised on, having guided the country through its debut eurobond sale in 2001 and a landmark 2015 deal that followed a five - year market hiatus in the wake of the Arab Spring.

Capital Markets: The firm has participated in 17 IPO and Eurobond projects of Russian companies totalling $ 9.5 billion, i.a. structuring of a leading Russian industrial company's most complicated IPO of shares on the London Stock Exchange and the Russian stock market.

In the last three years we have worked on about 60 debt capital market transactions with a value of over $ 100 billion and are a recognized as market leader in High yield bonds, Yankee bonds, Eurobonds, covenanted Eurobonds, Euro and US Private Placements and EMTN offerings.

We also advise clients on the full range of equity and debt securities transactions, including eurobond offerings by corporations and sovereigns, medium - term note programs, high - yield debt offerings, convertible and exchangeable bond offerings, initial public offerings (IPOs), global depositary receipt (GDR) and American depositary receipt (ADR) programs, and offerings of Sukuk (Islamic bonds).

multiple disputes and court reported decisions relating to a $ 510m Eurobond (primarily in UK, Poland, Holland and US) and, most recently, in the Court of Appeal.

Avellum has advised MHP Lux S.A. on its USD 550 million, 8 year, 6.95 % Eurobond issue with the benefit of the guarantees from its Ukrainian subsidiaries.