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The Daily Capital Markets Digest
Argentina’s latest debt swap proposal may have made resolution of its default mess an even more distant prospect, but the sovereign’s bond prices still remain surprisingly robust.
The Republic of Portugal could price its longest dated issue since exiting a €78bn bailout in May as it seeks to lock in low financing costs.
EM investors coming back from their summer holidays might do well to book another few weeks off after syndicate bankers warned that not only might Russia, CEEMEA’s largest market, be closed until October, but the wider market remains unusually quiet.
Islamic banks in the Gulf and elsewhere could increase their issuance of Additional Tier 1 sukuk over the next two years to support growth, according to an analyst at Standard & Poor’s.
The stage looks set for Atlas Mara’s strategy of building a Continent-wide capability
Peters ponders the impact of low rates on the banking business
Warren Buffett is better positioned than the small investors, says James Saft.
A pick-up in housing starts may be long overdue but bodes well
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