Tag Archives: Bond credit rating

Spain’s Collapse is No Little Thing

Posted on April 27, 2012 by

By the Daily Bell S&P cuts Spain’s credit rating by two notches to BBB+ … Standard & Poor’s cut Spain’s sovereign debt rating Thursday by two notches, warning that the government’s budget situation is worsening and that is likely to have … Continue reading →

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Ireland’s credit rating grouped with Botswana

Posted on February 3, 2011 by

By Donal O’Donovan and Emmet Oliver Thursday February 03 2011 RATINGS agency Standard & Poor’s (S&P) has cut Ireland‘s credit rating again, saying it’s still not certain how much it will cost to rescue the country’s banks. Ireland was cut … Continue reading →

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High-Deficit European Nations May Default, Restructure Debt, Pimco Warns

Posted on January 21, 2011 by

Some high-deficit euro-area nations will probably need to reorganize or default on their debt, said Andrew Bosomworth, a Munich-based fund manager at Pacific Investment Management Co. “There’s a number of people around the table, the AAA countries, the taxpayers and … Continue reading →

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The Irish people are not obliged to honour fraudulent contracts

Posted on November 25, 2010 by

By Polya Lesova LONDON (MarketWatch) — LCH.Clearnet Ltd. said Thursday it has increased the margin required for positions of Irish government bonds to 45% of net positions over the standard margin rate. The move is “in response to the yield differential of … Continue reading →

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