Tag Archives: Bonds
TUNIS, Tunisia /African Press Organization (APO)/ – African countries need to improve their regulatory frameworks in order to ensure the successful launch of African infrastructure project bonds, says a new report launched by the African Development Bank (http://www.afdb.org).
Standard Bank Group has concluded five major corporate bond issuances in the past month with a value of R6,1-billion. Standard Bank has assisted Netcare, PPC Ltd, Mercedes Benz, SABMiller and the City Of Tshwane to access the bond market for their funding requirements.
Yesterday, the President of the Association for Unmanned Vehicle Systems International Michael Toscano told U.S. News: “Whether it is in response to a natural disaster or a tragedy like we saw in Boston, [unmanned aerial systems] can be quickly deployed to provide first responders with critical situational awareness in areas too dangerous or difficult for manned aircraft to reach.”
Insurance industry faces challenges and constraints as it looks to the future, according to new study by BNY Mellon and the Economist Intelligence Unit
Report examines how insurers can drive positive economic behavior while protecting society from risk
Refining Industry Outlook in Middle East and Africa, 2013 – Capacity Analysis, Forecasts and Details of All Operating and Planned Refineries to 2017
NEW YORK, Feb., 2013 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:
Following months of report that Prime Bank Gambia will be sold, the Central of The Gambia (CBG) has come up with reports that the bank has not met its minimum capital requirement for 2012; and therefore is required to go on “voluntary liquidation”.
“The Central Bank of the Gambia is pleased to inform the general public that 12 out of the 13 commercial banks operating in The Gambia met the minimum capital requirement of D200 Million,” a release from CBG reads.
TUNIS, Tunisia, January 17, 2013/African Press Organization (APO)/ – On Wednesday 16th January 2013, the African Development Bank, AfDB (http://www.afdb.org), rated Aaa/AAA/AAA, priced a $1 billion fixed rate US Dollar Global benchmark due 15th March 2018. The deal pays a coupon of 0.875% and a spread of 5 basis points over Mid-Swaps, equivalent to 20.45 basis points over the UST 0.75% due 31 December 2017. Joint Lead Managers on the transaction are BNP Paribas, Deutsche Bank, J.P. Morgan and Nomura.
By Thandisizwe Mgudlwa
Standard Bank Group has helped its South Africa-based corporate clients issue bonds and securitisations worth over R40-billion this year.