Source: citi

You will be able to download all slides in power point for this report



Chart: One version of suggested asset allocation overweights cash, GEM Debt and UK bonds Underweights DM Equities Source: citi MidLincoln Country Eurobond Indexes Update Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly BondVENEZUELA (BOLVARIAN REPUBLIC OF) RegS 18VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 19VENEZUELA (BOLVARIAN REPUBLIC OF) RegS 20PETROLEOS DE VENEZUELA SA MTN RegS 21 Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners) BondECUADOR REPUBLIC OF (GOVERNMENT) RegS 20GHANA (REPUBLIC OF) RegS 23GHANA (REPUBLIC OF) RegS 26ECUADOR (REPUBLIC OF) RegS 24 Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers) BondPETROLEOS DE VENEZUELA SA RegS 17PETROLEOS DE VENEZUELA SA MTN RegS 21PETROLEOS DE VENEZUELA SA RegS 22PETROLEOS DE VENEZUELA SA RegS 35 Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly BondSAMARCO MINERACAO SA RegS 22ODEBRECHT DRILL VIII/IX RegS 21CSN RESOURCES SA RegS 20PETROBRAS GLOBAL FINANCE BV 40 Country Average Sovereign Yield Change USD Eurobonds Weekly CountryVenezuelaLebanonSri LankaTunisiaTrinidad and Tobago Country Average Corporate Yield Change USD Eurobonds Weekly CountryVenezuelaArgentinaIsraelTurkeyRussian Federation Top 30 GEM Souvereign Eurobonds by Yield NameVENEZUELA (BOLVARIAN REPUBLIC OF) RegSVENEZUELA (BOLVARIAN REPUBLIC OF) RegSPETROLEOS DE VENEZUELA SA MTN RegS Top 30 GEM Corporate Eurobonds by Yield NameODEBRECHT DRILL VIII/IX RegSPETROLEOS DE VENEZUELA SA RegSPETROLEOS DE VENEZUELA SA MTN RegS Top 30 GEM Local (reasonably rated) Currency Bonds by Yield NameBRAZIL FEDERATIVE REPUBLIC OF (GOBRAZIL FEDERATIVE REPUBLIC OF (GOVBRAZIL FEDERATIVE REPUBLIC OF Big Country Table - Stance, Ratings and Datamine Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly BondFRANCE (REPUBLIC OF) 16SPAIN (KINGDOM OF) 16ITALY (REPUBLIC OF) 16JAPAN (GOVERNMENT OF) 5YR #111 18 Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly BondJAPAN (GOVERNMENT OF) 20YR #51 21JAPAN (GOVERNMENT OF) 20YR #62 23JAPAN (GOVERNMENT OF) 20YR #57 22JAPAN (GOVERNMENT OF) 20YR #60 22 Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers) BondCountryYieldYield Change %ptsCLAIRES STORES INC 144A 19United States41.51.60MEMORIAL PRODUCTION PARTNERS LP 22United States25.31.30MEMORIAL PRODUCTION PARTNERS LP 21United States28.91.20CONCORDIA HEALTHCARE CORP 144A 22Canada19.41.10PACIFIC DRILLING SA 144A 20United States52.00.50 Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners) BondCountryYieldYield Change %ptsAVAYA INC 144A 21United States47.0-11.00CLEAR CHANNEL COMMUNICATIONS INC 18United States43.8-3.90AVAYA INC 144A 19United States16.7-3.20BANCA MONTE DEI PASCHI DI SIENA SP MTN RegS 20Italy15.4-2.90INTELSAT LUXEMBOURG SA 18Luxembourg37.6-2.20 Top 30 DM Souvereign Eurobonds by Yield NameISINcountryMaturityCouponYTWFRANCE (REPUBLIC OF)FR0000187361FranceOct 25, 20165.004.69PORTUGAL (REPUBLIC OF)PTOTEBOE0020PortugalFeb 15, 20454.103.86PORTUGAL (REPUBLIC OF)PTOTE5OE0007PortugalApr 15, 20374.103.66 Top 30 DM Corporate Eurobonds by Yield NameISINcountryMaturityCouponYTWPACIFIC DRILLING SA 144AUS69419BAA35United StatesJun 1, 20205.3852.0AVAYA INC 144AUS053499AJ89United StatesMar 1, 202110.5047.0CLEAR CHANNEL COMMUNICATIONS INCUS184502BT84United StatesJan 15, 201810.0043.8