International and foreign bond markets
Article Abstract:
Newly issued bonds increased by 49% from Jan-Apr 1993, with a record level of $170 billion. The straight bond sector also continued in this trend with new issues reaching amounts of $139 billion. The floating-rate sector continued to increase at $19 billion, double the volume in 1992. Equity-linked bonds also showed recovery from depressed levels with new issues increasing by 51% to $11 billion. Residents from the Organization for Economic Co-operation and Development area were the major sources of capital, raising as much as $151 billion in Jan-Apr, an increase of 49% on a year-on-year basis.
Publication Name: Financial Market Trends
Subject: Business
ISSN: 0378-651X
Year: 1993
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International financial markets: overview
Article Abstract:
The total volume of borrowing facilities in the international market totalled $256 billion from Jan to Apr 1993, representing a 38% growth on a year-on-year basis. These included international bonds and shares, syndicated credits, euro-commercial paper and medium-term note programmes. International and foreign bond offerings were at a record $170 billion due to falling interest rates, less tensions in the Exchange Rate Mechanism and large funding requirements of borrowers. Lending activity in the syndicated credit market remained low because of weak capital demand.
Publication Name: Financial Market Trends
Subject: Business
ISSN: 0378-651X
Year: 1993
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Direct investment flows in 1992: overall decline continues
Article Abstract:
An analysis of investment flows shows that outflows and inflows in Organization for Co-operation and Development (OECD) countries continued to decline at slower rates in 1992. Marked differences are appearing in the direct investment performance of OECD countries. Non-OECD countries have become more attractive as investment locations but the interest of foreign investors has been directed to only a few of them. Increases in outflows were observed in the US, Italy, Denmark, Austria and Belgium/Luxembourg. Declining outflows were most notable in Japan and Sweden.
Publication Name: Financial Market Trends
Subject: Business
ISSN: 0378-651X
Year: 1993
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