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Top related persons:
Kevin Daly - 2 Daly - 2 Fitch - 1 You've - 1 who's - 1 … - 1 Hakainde - 1 Situmbeko Musokotwane - 1
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U.S Abrdn Nigeria Kenya Iraq Ecuador Uzbekistan Mozambique
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Markets Bond - 1 CNBC Pro - 1 Monetary Fund - 1 Bank - 1 International Monetary Fund - 1 Zambian Finance - 1 IMF - 1 World Bank - 1

Search resuls for: "Kevin Daly"


2 mentions found


☆ This high-risk global bond fund isn't for everyone, but it's tempting investors with a 10% yield
  + stars: | 2023-07-19 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +6 min
For global investors, the Abrdn Frontier Markets Bond Fund is one example of a fund offering substantial returns. What are frontier markets? While there is no formal definition, frontier markets are typically low-income, developing countries with underdeveloped capital markets, according to Daly. Investment director for emerging market debt, Abrdn Kevin Daly The appeal of these frontier markets is twofold, according to Daly. Managing FX risks Managing foreign exchange risk is tricky in frontier markets, where hedging instruments are often inefficient or unavailable.
Persons: Kevin Daly, Daly, Fitch, You've, who's, … Organizations: Markets Bond, CNBC Pro, Monetary Fund, Bank Locations: U.S, Abrdn, Nigeria, Kenya, Iraq, Ecuador, Uzbekistan, Mozambique, Daly, Benin, African, Europe, South Korea, Singapore, Taiwan, stockbrokers
☆ Zambia's bondholders see debt restructure deal in coming weeks
  + stars: | 2023-06-27 | by ( Marc Jones | ) www.reuters.com   time to read: +3 min
LONDON, June 27 (Reuters) - Zambia's international bondholders expect to strike a debt restructuring deal with the country "in the coming weeks", a leading member said on Tuesday, a move that would draw a line under the nation's near three-year stint in default. "So I think we (bondholders) can now reach a deal in the coming weeks." Daly said that was something bondholders themselves had called for when restructuring talks became stalled last year over how much debt relief would be required. "The adjustment mechanism provides for an accelerated repayment schedule and higher interest rates if Zambia's debt carrying capacity improves from the current 'weak' classification to 'medium' classification," he said. While China has rejected writing off some of the debt altogether, bondholders could still do that, Daly added.
Persons: Hakainde, Kevin Daly, Daly, Situmbeko Musokotwane, Marc Jones, Chris Mfula, Libby George, Christina Fincher, Ed Osmond, William Maclean Organizations: International Monetary Fund, Zambian Finance, IMF, World Bank, Thomson Locations: China, Zambia, Sri Lanka, Ghana, Lusaka
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