A top infrastructure lender in India is now being questioned by regulators over its $12.6 billion debt, just months after creditors gave the lender a seal of approval. Reports in Bloomberg said Infrastructure Leasing & Financial Services (IL&FS) Group, a top financier of infrastructure projects,...
Corporate treasuries are continuing to take advantage of low interest rates, leading to a surge in sales of high-grade U.S. corporate bonds, according to reports in the Financial Times. The publication said Friday (Sept. 8) that sales of these bonds surpassed $1 trillion last week, doing so...
May 10, 2020
The Federal Reserve is turning to money managers BlackRock and Pacific Investment Management Co. (Pimco) to help it handle bond investments and the purchase of companies’ short-term borrowings, according to a Wall Street Journal (WSJ) report. The money management companies could be responsible for investing billions of central bank money. The two firms are tasked […]
September 11, 2017
Corporate treasuries are continuing to take advantage of low interest rates, leading to a surge in sales of high-grade U.S. corporate bonds, according to reports in the Financial Times. The publication said...