Soeren Moerch
@smoerch.bsky.social
Emerging Markets debt & Fixed Income in general
Views my own
NOT investment advice
Views my own
NOT investment advice
Nigeria: Moody’s upgrading Nigeria back to “B” category, meaning that several investors are now getting Nigeria USD bonds back in EMD benchmark.
Moody’s took 28 months to realize they were wrong to downgrade Nigeria in Jan ‘23
www.reuters.com/world/africa...
Moody’s took 28 months to realize they were wrong to downgrade Nigeria in Jan ‘23
www.reuters.com/world/africa...
Moody's upgrades Nigeria's rating to 'B3' on better external and fiscal positions
Credit ratings agency Moody's upgraded Nigeria's rating by a notch to "B3" from "Caa1" on Friday, citing significant improvements in the country's external and fiscal positions.
www.reuters.com
May 31, 2025 at 2:19 PM
Nigeria: Moody’s upgrading Nigeria back to “B” category, meaning that several investors are now getting Nigeria USD bonds back in EMD benchmark.
Moody’s took 28 months to realize they were wrong to downgrade Nigeria in Jan ‘23
www.reuters.com/world/africa...
Moody’s took 28 months to realize they were wrong to downgrade Nigeria in Jan ‘23
www.reuters.com/world/africa...
Nigeria: FX reserves rising, oil production increasing, remittances 500m USD per month (new high) not all is good, but for 10.4% yield (2033’s) you know something can improve. I think Nigeria will be OK short term, baring a collapse in oil price. J Powell trade ?
www.bnnbloomberg.ca/investing/20...
www.bnnbloomberg.ca/investing/20...
Africa’s Lagging High-Yielders to Become Top Picks If Fed Eases
Investors are eyeing high-yield foreign currency bonds from Nigeria, Gabon, and Kenya ahead of an anticipated US Federal Reserve rate cut in September, seeing some of these debt securities as being mi...
www.bnnbloomberg.ca
August 22, 2024 at 1:58 PM
Nigeria: FX reserves rising, oil production increasing, remittances 500m USD per month (new high) not all is good, but for 10.4% yield (2033’s) you know something can improve. I think Nigeria will be OK short term, baring a collapse in oil price. J Powell trade ?
www.bnnbloomberg.ca/investing/20...
www.bnnbloomberg.ca/investing/20...