Chart: Fixed Income Strategy
October 2025

Source: midlincoln research
FOMC Meeting
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India RBI Rates
Russia CBR Rates
Turkey CBT Rates
South Africa Central Bank Rates
Korea Central Bank Rates
Performance is between 2025-10-31 and 2025-10-07
Country Average Sovereign+Corporate USD Yields Ordered by Period Change
| country | Yield | YieldChange |
|---|---|---|
| Trinidad and Tobago | 21.20 | 7.31 |
| Senegal | 12.89 | 1.22 |
| Luxembourg | 13.48 | 0.97 |
| Ghana | 10.79 | 0.79 |
| France | 6.60 | 0.53 |
| Germany | 8.19 | 0.50 |
| Madagascar | 6.85 | 0.34 |
| Netherlands | 7.51 | 0.34 |
| Moldova | 11.17 | 0.32 |
| Ukraine | 14.90 | 0.30 |
| Angola | 9.60 | 0.30 |
| Brazil | 7.90 | 0.26 |
| United Kingdom | 6.71 | 0.20 |
| Jamaica | 5.83 | 0.17 |
| Supranational | 6.47 | 0.17 |
| Barbados | 5.66 | 0.15 |
| Panama | 6.31 | 0.13 |
| China | 5.28 | 0.11 |
| Macau | 5.84 | 0.10 |
| India | 6.01 | 0.09 |
| Tanzania | 5.92 | 0.09 |
| Malaysia | 5.50 | 0.08 |
| Colombia | 8.09 | 0.06 |
| Nigeria | 7.76 | 0.06 |
| United States | 6.76 | 0.05 |
| Singapore | 5.24 | 0.03 |
| Thailand | 5.35 | 0.02 |
| Serbia | 5.45 | 0.01 |
| Guatemala | 6.07 | 0.01 |
| Burkina Faso | 6.05 | 0.01 |
| Kazakhstan | 5.33 | 0.00 |
| Lebanon | 0.00 | 0.00 |
| Korea (South) | 4.42 | 0.00 |
| Peru | 5.82 | -0.01 |
| Mexico | 6.89 | -0.01 |
| Chile | 5.69 | -0.02 |
| Philippines | 5.46 | -0.04 |
| United Arab Emirates | 5.24 | -0.04 |
| Pakistan | 7.10 | -0.04 |
| Qatar | 5.01 | -0.04 |
| Democratic Rep of Congo | 6.84 | -0.04 |
| Canada | 8.84 | -0.04 |
| Dominican Republic | 5.74 | -0.05 |
| Bahrain | 5.70 | -0.05 |
| Saudi Arabia | 5.20 | -0.05 |
| Kuwait | 4.77 | -0.05 |
| Uruguay | 4.76 | -0.06 |
| Taiwan | 4.36 | -0.06 |
| Ireland | 5.27 | -0.06 |
| Costa Rica | 5.79 | -0.08 |
| Japan | 6.02 | -0.08 |
| Indonesia | 5.28 | -0.09 |
| Israel | 5.71 | -0.09 |
| Hungary | 5.63 | -0.10 |
| Paraguay | 5.44 | -0.10 |
| Hong Kong | 5.51 | -0.11 |
| Oman | 4.78 | -0.14 |
| South Africa | 5.97 | -0.14 |
| Kenya | 8.15 | -0.14 |
| Morocco | 5.49 | -0.15 |
| Czech Republic | 5.54 | -0.15 |
| Australia | 5.55 | -0.15 |
| Poland | 4.82 | -0.16 |
| Zambia | 5.55 | -0.16 |
| Romania | 5.65 | -0.21 |
| El Salvador | 7.47 | -0.21 |
| Togo | 8.15 | -0.21 |
| Sri Lanka | 6.69 | -0.27 |
| Turkey | 6.77 | -0.28 |
| Cote D'Ivoire (Ivory Coast) | 6.88 | -0.32 |
| Egypt | 7.49 | -0.40 |
| Jordan | 5.89 | -0.41 |
| Ecuador | 11.29 | -0.44 |
| Switzerland | 5.65 | -0.52 |
| Argentina | 8.66 | -2.00 |
| Bolivia | 20.00 | -4.33 |
Country Average Sovereign+Corporate USD Yields Ordered By YTD Yield Change
| country | Yield | YieldChange |
|---|---|---|
| Trinidad and Tobago | 21.20 | 10.25 |
| Senegal | 12.89 | 3.46 |
| Luxembourg | 13.99 | 3.23 |
| Ukraine | 14.90 | 1.28 |
| Brazil | 7.93 | 1.18 |
| Germany | 8.43 | 0.93 |
| Ghana | 10.79 | 0.64 |
| Lebanon | 0.00 | 0.00 |
| Netherlands | 6.83 | 0.00 |
| Colombia | 8.29 | -0.05 |
| Barbados | 5.66 | -0.11 |
| United States | 6.70 | -0.19 |
| Malaysia | 5.05 | -0.25 |
| Qatar | 5.21 | -0.31 |
| Canada | 6.50 | -0.33 |
| Supranational | 6.47 | -0.36 |
| Uruguay | 4.76 | -0.40 |
| Chile | 5.53 | -0.41 |
| Turkey | 6.50 | -0.43 |
| Taiwan | 4.36 | -0.44 |
| Saudi Arabia | 5.06 | -0.45 |
| Jamaica | 5.39 | -0.46 |
| Indonesia | 4.99 | -0.47 |
| Korea (South) | 4.42 | -0.54 |
| Philippines | 5.11 | -0.55 |
| Thailand | 4.98 | -0.57 |
| Kazakhstan | 5.37 | -0.58 |
| Poland | 4.86 | -0.64 |
| Costa Rica | 5.79 | -0.64 |
| Singapore | 5.43 | -0.64 |
| United Arab Emirates | 5.07 | -0.66 |
| Dominican Republic | 5.67 | -0.67 |
| Paraguay | 5.44 | -0.67 |
| Bahrain | 5.61 | -0.70 |
| Argentina | 9.03 | -0.71 |
| Ireland | 5.27 | -0.71 |
| France | 5.89 | -0.74 |
| Guatemala | 6.03 | -0.76 |
| Kuwait | 4.75 | -0.77 |
| Oman | 4.79 | -0.78 |
| Hungary | 5.57 | -0.78 |
| Serbia | 5.03 | -0.81 |
| Morocco | 5.54 | -0.82 |
| India | 5.57 | -0.83 |
| Romania | 5.62 | -0.87 |
| South Africa | 5.92 | -0.88 |
| Mexico | 6.82 | -0.90 |
| Angola | 9.93 | -0.92 |
| Czech Republic | 5.78 | -0.97 |
| China | 5.33 | -0.99 |
| United Kingdom | 6.36 | -1.01 |
| Israel | 5.80 | -1.02 |
| Australia | 5.48 | -1.02 |
| Peru | 5.86 | -1.03 |
| Panama | 5.83 | -1.03 |
| Tanzania | 5.92 | -1.04 |
| Jordan | 5.96 | -1.12 |
| Cote D'Ivoire (Ivory Coast) | 6.75 | -1.18 |
| Macau | 5.71 | -1.26 |
| El Salvador | 6.44 | -1.38 |
| Zambia | 5.36 | -1.48 |
| Japan | 5.78 | -1.56 |
| Nigeria | 7.80 | -1.72 |
| Kenya | 7.95 | -1.73 |
| Egypt | 7.55 | -2.00 |
| Hong Kong | 5.58 | -2.68 |
| Switzerland | 5.65 | -2.83 |
| Pakistan | 7.10 | -3.01 |
| Ecuador | 11.29 | -7.25 |
| Bolivia | 20.00 | -9.55 |
Country Average Sovereign+Corporate USD Yields Ordered by Current YTM
| country | Yield | YieldChange |
|---|---|---|
| Trinidad and Tobago | 21.20 | 7.31 |
| Bolivia | 20.00 | -4.33 |
| Ukraine | 14.90 | 0.30 |
| Luxembourg | 13.48 | 0.97 |
| Senegal | 12.89 | 1.22 |
| Ecuador | 11.29 | -0.44 |
| Moldova | 11.17 | 0.32 |
| Ghana | 10.79 | 0.79 |
| Angola | 9.60 | 0.30 |
| Canada | 8.84 | -0.04 |
| Argentina | 8.66 | -2.00 |
| Germany | 8.19 | 0.50 |
| Kenya | 8.15 | -0.14 |
| Togo | 8.15 | -0.21 |
| Colombia | 8.09 | 0.06 |
| Brazil | 7.90 | 0.26 |
| Nigeria | 7.76 | 0.06 |
| Netherlands | 7.51 | 0.34 |
| Egypt | 7.49 | -0.40 |
| El Salvador | 7.47 | -0.21 |
| Pakistan | 7.10 | -0.04 |
| Mexico | 6.89 | -0.01 |
| Cote D'Ivoire (Ivory Coast) | 6.88 | -0.32 |
| Madagascar | 6.85 | 0.34 |
| Democratic Rep of Congo | 6.84 | -0.04 |
| Turkey | 6.77 | -0.28 |
| United States | 6.76 | 0.05 |
| United Kingdom | 6.71 | 0.20 |
| Sri Lanka | 6.69 | -0.27 |
| France | 6.60 | 0.53 |
| Supranational | 6.47 | 0.17 |
| Panama | 6.31 | 0.13 |
| Guatemala | 6.07 | 0.01 |
| Burkina Faso | 6.05 | 0.01 |
| Japan | 6.02 | -0.08 |
| India | 6.01 | 0.09 |
| South Africa | 5.97 | -0.14 |
| Tanzania | 5.92 | 0.09 |
| Jordan | 5.89 | -0.41 |
| Macau | 5.84 | 0.10 |
| Jamaica | 5.83 | 0.17 |
| Peru | 5.82 | -0.01 |
| Costa Rica | 5.79 | -0.08 |
| Dominican Republic | 5.74 | -0.05 |
| Israel | 5.71 | -0.09 |
| Bahrain | 5.70 | -0.05 |
| Chile | 5.69 | -0.02 |
| Barbados | 5.66 | 0.15 |
| Romania | 5.65 | -0.21 |
| Switzerland | 5.65 | -0.52 |
| Hungary | 5.63 | -0.10 |
| Zambia | 5.55 | -0.16 |
| Australia | 5.55 | -0.15 |
| Czech Republic | 5.54 | -0.15 |
| Hong Kong | 5.51 | -0.11 |
| Malaysia | 5.50 | 0.08 |
| Morocco | 5.49 | -0.15 |
| Philippines | 5.46 | -0.04 |
| Serbia | 5.45 | 0.01 |
| Paraguay | 5.44 | -0.10 |
| Thailand | 5.35 | 0.02 |
| Kazakhstan | 5.33 | 0.00 |
| China | 5.28 | 0.11 |
| Indonesia | 5.28 | -0.09 |
| Ireland | 5.27 | -0.06 |
| United Arab Emirates | 5.24 | -0.04 |
| Singapore | 5.24 | 0.03 |
| Saudi Arabia | 5.20 | -0.05 |
| Qatar | 5.01 | -0.04 |
| Poland | 4.82 | -0.16 |
| Oman | 4.78 | -0.14 |
| Kuwait | 4.77 | -0.05 |
| Uruguay | 4.76 | -0.06 |
| Korea (South) | 4.42 | 0.00 |
| Taiwan | 4.36 | -0.06 |
| Lebanon | 0.00 | 0.00 |
Country Local Currency Yields Ordered by Period Change
| country | Yield | YieldChange |
|---|---|---|
| Jersey | 14.76 | 3.39 |
| Luxembourg | 14.28 | 0.95 |
| Colombia | 11.14 | 0.26 |
| Thailand | 1.58 | 0.20 |
| Dominican Republic | 9.55 | 0.04 |
| Malaysia | 3.45 | 0.03 |
| India | 6.46 | 0.01 |
| Slovenia | 5.40 | 0.01 |
| Serbia | 4.72 | 0.00 |
| Turkey | 33.34 | 0.00 |
| Denmark | 3.26 | 0.00 |
| United Kingdom | 6.19 | 0.00 |
| Netherlands | 3.54 | -0.01 |
| Japan | 2.08 | -0.01 |
| United States | 5.34 | -0.01 |
| Peru | 5.61 | -0.03 |
| Norway | 3.94 | -0.03 |
| Greece | 3.68 | -0.03 |
| Singapore | 1.75 | -0.04 |
| Hungary | 6.44 | -0.05 |
| Canada | 3.43 | -0.05 |
| Mexico | 8.37 | -0.06 |
| China | 1.64 | -0.06 |
| Finland | 3.03 | -0.06 |
| Australia | 4.05 | -0.06 |
| France | 4.52 | -0.07 |
| Belgium | 3.25 | -0.07 |
| Chile | 5.29 | -0.08 |
| Germany | 3.48 | -0.08 |
| Italy | 3.43 | -0.08 |
| Czech Republic | 4.06 | -0.10 |
| Portugal | 3.07 | -0.10 |
| Ireland | 2.97 | -0.11 |
| Switzerland | 3.36 | -0.11 |
| Uruguay | 7.76 | -0.13 |
| Spain | 3.29 | -0.13 |
| New Zealand | 3.85 | -0.14 |
| Austria | 3.03 | -0.14 |
| Poland | 4.48 | -0.17 |
| Israel | 3.72 | -0.20 |
| Indonesia | 5.73 | -0.22 |
| Sweden | 3.04 | -0.23 |
| Brazil | 13.55 | -0.24 |
| South Africa | 8.97 | -0.29 |
| Romania | 6.87 | -0.37 |
Country Local Currency Yields Ordered by Yield
| country | Yield | YieldChange |
|---|---|---|
| Turkey | 33.34 | 0.00 |
| Jersey | 14.76 | 3.39 |
| Luxembourg | 14.28 | 0.95 |
| Brazil | 13.55 | -0.24 |
| Colombia | 11.14 | 0.26 |
| Dominican Republic | 9.55 | 0.04 |
| South Africa | 8.97 | -0.29 |
| Mexico | 8.37 | -0.06 |
| Uruguay | 7.76 | -0.13 |
| Romania | 6.87 | -0.37 |
| India | 6.46 | 0.01 |
| Hungary | 6.44 | -0.05 |
| United Kingdom | 6.19 | 0.00 |
| Indonesia | 5.73 | -0.22 |
| Peru | 5.61 | -0.03 |
| Slovenia | 5.40 | 0.01 |
| United States | 5.34 | -0.01 |
| Chile | 5.29 | -0.08 |
| Serbia | 4.72 | 0.00 |
| France | 4.52 | -0.07 |
| Poland | 4.48 | -0.17 |
| Czech Republic | 4.06 | -0.10 |
| Australia | 4.05 | -0.06 |
| Norway | 3.94 | -0.03 |
| New Zealand | 3.85 | -0.14 |
| Israel | 3.72 | -0.20 |
| Greece | 3.68 | -0.03 |
| Netherlands | 3.54 | -0.01 |
| Germany | 3.48 | -0.08 |
| Malaysia | 3.45 | 0.03 |
| Canada | 3.43 | -0.05 |
| Italy | 3.43 | -0.08 |
| Switzerland | 3.36 | -0.11 |
| Spain | 3.29 | -0.13 |
| Denmark | 3.26 | 0.00 |
| Belgium | 3.25 | -0.07 |
| Portugal | 3.07 | -0.10 |
| Sweden | 3.04 | -0.23 |
| Austria | 3.03 | -0.14 |
| Finland | 3.03 | -0.06 |
| Ireland | 2.97 | -0.11 |
| Japan | 2.08 | -0.01 |
| Singapore | 1.75 | -0.04 |
| China | 1.64 | -0.06 |
| Thailand | 1.58 | 0.20 |
Global Bond Yields By Sector Last Month
| sector | AverageYTM | YieldChange |
|---|---|---|
| Cash and/or Derivatives | 3.90 | -0.17 |
| Owned No Guarantee | 4.99 | -0.13 |
| Local Authority | 5.32 | 0.01 |
| Agency | 5.53 | -0.09 |
| Electric | 5.60 | -0.12 |
| Finance Companies | 5.71 | -0.31 |
| Insurance | 5.82 | -0.03 |
| Brokerage/Asset Managers/Exchanges | 5.88 | -0.06 |
| Industrial Other | 5.96 | -0.03 |
| Financial Institutions | 6.02 | -0.01 |
| Supranational | 6.15 | 0.13 |
| Banking | 6.16 | -0.15 |
| Consumer Non-Cyclical | 6.24 | -0.12 |
| Sovereign | 6.28 | -0.21 |
| Energy | 6.53 | -0.03 |
| Utility | 6.93 | -0.08 |
| Consumer Cyclical | 7.07 | 0.06 |
| Reits | 7.11 | 0.11 |
| Basic Industry | 7.19 | 0.27 |
| Financial Other | 7.23 | 0.11 |
| Technology | 7.24 | 0.10 |
| Capital Goods | 7.55 | 0.31 |
| Industrial | 7.58 | 0.16 |
| Communications | 8.10 | 0.22 |
| Transportation | 9.09 | 0.55 |
Global Bond Yields By Yield Change YTD
| sector | AverageYTM | YieldChange |
|---|---|---|
| Transportation | 9.17 | 1.02 |
| Capital Goods | 7.89 | 0.94 |
| Basic Industry | 7.65 | 0.86 |
| Industrial | 7.62 | 0.47 |
| Technology | 7.42 | 0.12 |
| Financial Other | 7.26 | 0.09 |
| Communications | 8.22 | -0.08 |
| Industrial Other | 6.33 | -0.15 |
| Banking | 6.01 | -0.31 |
| Supranational | 6.11 | -0.46 |
| Energy | 6.22 | -0.52 |
| Consumer Cyclical | 6.17 | -0.55 |
| Finance Companies | 5.77 | -0.58 |
| Cash and/or Derivatives | 3.90 | -0.63 |
| Electric | 5.32 | -0.65 |
| Brokerage/Asset Managers/Exchanges | 5.72 | -0.65 |
| Consumer Non-Cyclical | 6.24 | -0.68 |
| Agency | 5.57 | -0.76 |
| Utility | 6.00 | -0.77 |
| Insurance | 5.78 | -0.77 |
| Local Authority | 4.87 | -0.82 |
| Sovereign | 6.29 | -0.91 |
| Reits | 6.55 | -1.22 |
| Financial Institutions | 5.96 | -1.37 |
| Owned No Guarantee | 4.99 | -1.37 |
Key Fixed Income Indicators
Average Sovereign GEM Yields (USD)
Average Corporate GEM Yields (USD)
Average Corporate High Yield GEM Yields (USD)
Average Sov. Dev. Markets Yields (blended currency)
Average UST Yield (Where Duration is less than 10 years)
Average Sovereign GEM Local Currency Yields
Bonds Datamine Queries
Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
BondSENEGAL (REPUBLIC OF) RegS 31SENEGAL (REPUBLIC OF) RegS 33UKRAINE (REPUBLIC OF) A BONDS RegS 29ANGOLA (REPUBLIC OF) MTN RegS 29
Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)
BondARGENTINA REPUBLIC OF GOVERNMENT 29ARGENTINA REPUBLIC OF GOVERNMENT 30BOLIVIA PLURINATIONAL STATE OF RegS 28ARGENTINA REPUBLIC OF GOVERNMENT 38
Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
BondSAMARCO MINERACAO SA RegS 31CONSOLIDATED ENERGY FINANCE SA RegS 28CONSOLIDATED ENERGY FINANCE SA RegS 31BRASKEM NETHERLANDS FINANCE BV RegS 28
Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly
BondBRASKEM IDESA SAPI RegS 32NWD FINANCE (BVI) LTD RegS 79NWD (MTN) LTD RegS 29VESTEL ELEKTRONIK SANAYI VE TICARE RegS 29
Country Average Sovereign Yield Change USD Eurobonds Weekly
CountrySenegalUkraineAngolaJamaicaKazakhstan
Country Average Corporate Yield Change USD Eurobonds Weekly
CountryTrinidad and TobagoGhanaLuxembourgSerbiaPanama
Top 30 GEM Souvereign Eurobonds by Yield
NameBOLIVIA PLURINATIONAL STATE OF RegSUKRAINE (REPUBLIC OF) A BONDS RegSUKRAINE (REPUBLIC OF) A BONDS RegS
Top 30 GEM Corporate Eurobonds by Yield
NameCANACOL ENERGY LTD RegSBRASKEM NETHERLANDS FINANCE BV RegSBRASKEM NETHERLANDS FINANCE BV RegS
Top 30 GEM Local (reasonably rated) Currency Bonds by Yield
NameTURKEY (REPUBLIC OF)TURKEY (REPUBLIC OF)TURKEY (REPUBLIC OF)
Big Country Table - Stance, Ratings and Datamine
Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
BondDENMARK KINGDOM OF (GOVERNMENT) 26SINGAPORE (REPUBLIC OF) RegS 72NORWAY KINGDOM OF (GOVERNMENT) 27AUSTRALIA (COMMONWEALTH OF) RegS 27
Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly
BondUK CONV GILT RegS 53UK CONV GILT RegS 46UK CONV GILT RegS 52UK CONV GILT RegS 43
Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
BondCountryYieldYield Change %ptsFLAMINGO LUX II SCA RegS 29Luxembourg44.8914.38CLEAN HARBORS INC 144A 27United States18.1813.51SOTHEBYS 144A 27United States15.538.12ALTICE FRANCE SA (FRANCE) 144A 30France7.417.41LABL INC 144A 29United States31.146.99
Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)
BondCountryYieldYield Change %ptsBREAD FINANCIAL HOLDINGS INC 144A 29United States-5.00-11.50CIRSA FINANCE INTERNATIONAL SARL RegS 28Spain-5.00-10.17AMERICAN AXLE & MANUFACTURING INC 27United States-4.01-8.53CHART INDUSTRIES INC 144A 31United States-4.36-4.65CHS/COMMUNITY HEALTH SYSTEMS INC 144A 29United States11.14-3.43
Top 30 DM Souvereign Eurobonds by Yield
NameISINcountryMaturityCouponYTWUK CONV GILT RegSGB00BPCJD997United KingdomOct 22, 20533.755.18UK CONV GILT RegSGB00BLH38158United KingdomJul 31, 20511.255.18UK CONV GILT RegSGB00BM8Z2V59United KingdomJul 31, 20531.505.18
Top 30 DM Corporate Eurobonds by Yield
NameISINcountryMaturityCouponYTWNFE FINANCING LLC MTN 144AUS62909BAA52United StatesNov 15, 202912.0050.00ALTICE FINCO SA RegSXS1577952440LuxembourgJan 15, 20284.7550.00ARDAGH PACKAGING FINANCE PLC/ARDAG RegSXS1628848241United StatesJul 15, 20274.7550.00
Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
| Bond | Country | Yield | Yield Change % pts |
|---|---|---|---|
| SENEGAL (REPUBLIC OF) RegS 31 | Senegal | 13.69 | 1.81 |
| SENEGAL (REPUBLIC OF) RegS 33 | Senegal | 13.37 | 1.37 |
| UKRAINE (REPUBLIC OF) A BONDS RegS 29 | Ukraine | 18.86 | 0.90 |
| ANGOLA (REPUBLIC OF) MTN RegS 29 | Angola | 9.18 | 0.60 |
| UKRAINE (REPUBLIC OF) A BONDS RegS 34 | Ukraine | 15.39 | 0.55 |
| ANGOLA (REPUBLIC OF) RegS 28 | Angola | 8.61 | 0.55 |
| JAMAICA (GOVERNMENT) 28 | Jamaica | 4.57 | 0.50 |
| UKRAINE (REPUBLIC OF) A BONDS RegS 35 | Ukraine | 14.98 | 0.48 |
| SENEGAL (REPUBLIC OF) RegS 48 | Senegal | 11.61 | 0.48 |
| UKRAINE (REPUBLIC OF) B BONDS RegS 34 | Ukraine | 15.23 | 0.47 |
| UKRAINE (REPUBLIC OF) A BONDS RegS 36 | Ukraine | 14.67 | 0.39 |
| ANGOLA (REPUBLIC OF) MTN RegS 32 | Angola | 9.96 | 0.35 |
| REPUBLICA ORIENT URUGUAY 27 | Uruguay | 4.03 | 0.21 |
| DOMINICAN REPUBLIC (GOVERNMENT) RegS 27 | Dominican Republic | 4.82 | 0.19 |
| PETROLEOS DEL PERU PETROPERU SA RegS 32 | Peru | 7.42 | 0.15 |
| STATE GRID OVERSEAS INVESTMENT BVI MTN RegS 27 | China | 3.92 | 0.12 |
| CORPORACION NACIONAL DEL COBRE DE RegS 27 | Chile | 4.38 | 0.12 |
| GHANA (REPUBLIC OF) DISCO RegS 29 | Ghana | 6.57 | 0.11 |
| PETROLEOS MEXICANOS MTN 47 | Mexico | 8.56 | 0.11 |
| EXPORT-IMPORT BANK OF INDIA MTN RegS 28 | India | 4.38 | 0.11 |
Top 20 GEM Sovereign Bonds Yields Drops Week Change USD Eurobonds (Winners)
| Bond | Country | Yield | Yield Change %pts |
|---|---|---|---|
| ARGENTINA REPUBLIC OF GOVERNMENT 29 | Argentina | 10.07 | -6.81 |
| ARGENTINA REPUBLIC OF GOVERNMENT 30 | Argentina | 10.10 | -6.27 |
| BOLIVIA PLURINATIONAL STATE OF RegS 28 | Bolivia | 20.00 | -4.33 |
| ARGENTINA REPUBLIC OF GOVERNMENT 38 | Argentina | 10.94 | -4.26 |
| ARGENTINA REPUBLIC OF GOVERNMENT 35 | Argentina | 10.87 | -3.84 |
| ARGENTINA REPUBLIC OF GOVERNMENT 46 | Argentina | 10.40 | -3.47 |
| ARGENTINA REPUBLIC OF GOVERNMENT 41 | Argentina | 10.89 | -3.44 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS 30 | Ecuador | 11.27 | -0.88 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS 31 | Egypt | 6.67 | -0.74 |
| SRI LANKA (REPUBLIC OF) GLB RegS 35 | Sri Lanka | 8.92 | -0.70 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS 27 | Egypt | 5.60 | -0.64 |
| JORDAN (HASHEMITE KINGDOM OF) MTN RegS 29 | Jordan | 5.42 | -0.56 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS 32 | Egypt | 7.09 | -0.52 |
| JORDAN (HASHEMITE KINGDOM OF) RegS 47 | Jordan | 7.31 | -0.46 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS 50 | Egypt | 9.40 | -0.45 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS 33 | Egypt | 7.61 | -0.44 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS 32 | Egypt | 7.27 | -0.43 |
| SOUTH AFRICA (REPUBLIC OF) 49 | South Africa | 7.09 | -0.42 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS 49 | Egypt | 9.38 | -0.40 |
| EL SALVADOR REPUBLIC OF (GOVERNMEN RegS 54 | El Salvador | 8.50 | -0.40 |
Top 10 GEM Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
| Bond | Country | Yield | Yield Change %pts |
|---|---|---|---|
| SAMARCO MINERACAO SA RegS 31 | Brazil | 9.33 | 14.33 |
| CONSOLIDATED ENERGY FINANCE SA RegS 28 | Trinidad and Tobago | 20.49 | 7.50 |
| CONSOLIDATED ENERGY FINANCE SA RegS 31 | Trinidad and Tobago | 21.91 | 7.12 |
| BRASKEM NETHERLANDS FINANCE BV RegS 28 | Brazil | 46.52 | 3.64 |
| VANKE REAL ESTATE HONG KONG CO LTD MTN RegS 27 | China | 21.68 | 3.06 |
| ALSEA SAB DE CV RegS 26 | Mexico | 6.06 | 2.85 |
| KOSMOS ENERGY LTD RegS 31 | Ghana | 17.59 | 2.56 |
| GRAN TIERRA ENERGY INC RegS 29 | Colombia | 19.13 | 2.21 |
| RAIZEN FUELS FINANCE SA RegS 34 | Brazil | 8.90 | 2.06 |
| RAIZEN FUELS FINANCE SA RegS 35 | Brazil | 8.78 | 1.87 |
| RAIZEN FUELS FINANCE SA RegS 37 | Brazil | 8.92 | 1.80 |
| RAIZEN FUELS FINANCE SA RegS 54 | Brazil | 9.10 | 1.51 |
| SIMPAR EUROPE SA MTN RegS 31 | Brazil | 11.17 | 1.39 |
| ALTICE FINANCING SA RegS 28 | Luxembourg | 19.25 | 1.35 |
| CSN ISLANDS XI CORP RegS 28 | Brazil | 9.44 | 1.23 |
| ALTICE FINANCING SA RegS 29 | Luxembourg | 15.55 | 1.15 |
| ARABIAN CENTRES SUKUK III LTD RegS 29 | Saudi Arabia | 8.59 | 1.05 |
| C&W SENIOR FINANCE LTD RegS 33 | Panama | 8.81 | 1.02 |
| ACCESS BANK PLC MTN RegS 79 | Nigeria | 11.20 | 1.01 |
| MOVIDA EUROPE SA RegS 29 | Brazil | 10.90 | 0.94 |
Top 10 GEM Corporate Bonds Yields Drops USD Eurobonds (Winners) Weekly
| Bond | Country | Yield | Yield Change %pts |
|---|---|---|---|
| BRASKEM IDESA SAPI RegS 32 | Mexico | 16.04 | -1.76 |
| NWD FINANCE (BVI) LTD RegS 79 | Hong Kong | 11.85 | -1.48 |
| NWD (MTN) LTD RegS 29 | Hong Kong | 13.47 | -1.43 |
| VESTEL ELEKTRONIK SANAYI VE TICARE RegS 29 | Turkey | 22.86 | -1.34 |
| WE SODA INVESTMENTS HOLDING PLC RegS 28 | Turkey | 9.35 | -1.33 |
| BRASKEM IDESA SAPI RegS 29 | Mexico | 20.79 | -1.22 |
| YPF SA RegS 29 | Argentina | 7.24 | -1.21 |
| TELECOM ARGENTINA SA RegS 31 | Argentina | 8.41 | -1.15 |
| YAPI VE KREDI BANKASI AS MTN RegS 31 | Turkey | 6.51 | -1.15 |
| YPF SA RegS 31 | Argentina | 7.59 | -1.11 |
| TELECOM ARGENTINA SA RegS 33 | Argentina | 8.74 | -1.05 |
| BANCO MACRO SA MTN RegS 29 | Argentina | 7.79 | -1.01 |
| YPF SA RegS 34 | Argentina | 8.01 | -1.00 |
| SISECAM UK PLC RegS 32 | Turkey | 7.60 | -0.92 |
| WE SODA INVESTMENTS HOLDING PLC RegS 31 | Turkey | 9.60 | -0.89 |
| COSAN OVERSEAS LTD RegS 79 | Brazil | 4.48 | -0.87 |
| BRASKEM NETHERLANDS FINANCE BV RegS 34 | Brazil | 23.90 | -0.87 |
| YPF SA RegS 31 | Argentina | 7.74 | -0.85 |
| YPF SA MTN RegS 27 | Argentina | 7.00 | -0.82 |
| BRASKEM AMERICA FINANCE CO RegS 41 | Brazil | 18.52 | -0.79 |
Country Average Sovereign Yield Change USD Eurobonds Weekly
| Country | Average Yield | Yield Average change % pts |
|---|---|---|
| Senegal | 12.89 | 1.22 |
| Ukraine | 14.64 | 0.36 |
| Angola | 9.93 | 0.31 |
| Jamaica | 5.39 | 0.13 |
| Kazakhstan | 5.13 | 0.05 |
| India | 4.59 | 0.05 |
| China | 3.84 | 0.02 |
| Lebanon | 0.00 | 0.00 |
| Brazil | 5.82 | -0.02 |
| Dominican Republic | 5.76 | -0.04 |
| Zambia | 4.56 | -0.04 |
| Philippines | 4.71 | -0.04 |
| Mexico | 5.95 | -0.04 |
| Bahrain | 5.63 | -0.05 |
| Azerbaijan | 4.83 | -0.06 |
| Malaysia | 4.86 | -0.06 |
| Uruguay | 4.76 | -0.06 |
| Peru | 5.55 | -0.07 |
| Pakistan | 7.29 | -0.07 |
| Costa Rica | 5.79 | -0.08 |
| Indonesia | 4.74 | -0.09 |
| Ghana | 7.40 | -0.09 |
| Chile | 5.02 | -0.10 |
| Bulgaria | 4.90 | -0.11 |
| Serbia | 5.03 | -0.11 |
| Paraguay | 5.43 | -0.11 |
| Colombia | 6.45 | -0.11 |
| Nigeria | 7.81 | -0.12 |
| Saudi Arabia | 4.59 | -0.12 |
| United Arab Emirates | 4.59 | -0.12 |
| Oman | 4.81 | -0.13 |
| Hungary | 5.05 | -0.14 |
| Panama | 5.84 | -0.15 |
| Kenya | 8.38 | -0.16 |
| Poland | 4.61 | -0.16 |
| Guatemala | 5.86 | -0.17 |
| Latvia | 4.58 | -0.17 |
| Morocco | 5.04 | -0.17 |
| United States | 3.90 | -0.17 |
| Turkey | 6.00 | -0.17 |
| Romania | 5.65 | -0.21 |
| El Salvador | 7.47 | -0.21 |
| Sri Lanka | 6.69 | -0.27 |
| Cote D'Ivoire (Ivory Coast) | 6.88 | -0.32 |
| South Africa | 5.94 | -0.33 |
| Egypt | 7.49 | -0.40 |
| Jordan | 5.96 | -0.43 |
| Ecuador | 11.29 | -0.44 |
| Bolivia | 20.00 | -4.33 |
| Argentina | 10.55 | -4.68 |
Country Average Corporate Yield Change USD Eurobonds Weekly
| Country | Average Yield | Yield Average change % pts |
|---|---|---|
| Trinidad and Tobago | 21.20 | 7.31 |
| Ghana | 17.59 | 2.56 |
| Luxembourg | 17.40 | 1.25 |
| Serbia | 6.74 | 0.38 |
| Panama | 6.47 | 0.37 |
| Madagascar | 6.85 | 0.34 |
| Moldova | 11.17 | 0.32 |
| Brazil | 7.63 | 0.29 |
| Nigeria | 7.00 | 0.28 |
| Angola | 7.97 | 0.20 |
| Cameroon | 7.92 | 0.17 |
| Colombia | 8.95 | 0.17 |
| Malaysia | 5.13 | 0.16 |
| Barbados | 5.66 | 0.15 |
| Supranational | 6.11 | 0.15 |
| Guatemala | 6.18 | 0.10 |
| Tanzania | 5.92 | 0.09 |
| Macau | 5.50 | 0.07 |
| India | 5.53 | 0.07 |
| Pakistan | 6.52 | 0.06 |
| Singapore | 4.63 | 0.03 |
| China | 4.84 | 0.03 |
| Chile | 5.44 | 0.02 |
| Burkina Faso | 6.05 | 0.01 |
| Korea (South) | 4.42 | 0.00 |
| Thailand | 5.05 | 0.00 |
| Peru | 5.32 | -0.01 |
| South Africa | 5.40 | -0.01 |
| Mexico | 6.27 | -0.02 |
| United Arab Emirates | 4.99 | -0.03 |
| Hungary | 6.07 | -0.04 |
| Democratic Rep of Congo | 6.84 | -0.04 |
| Qatar | 4.68 | -0.04 |
| Philippines | 5.65 | -0.04 |
| United States | 4.72 | -0.04 |
| Kazakhstan | 5.50 | -0.05 |
| Kuwait | 4.77 | -0.05 |
| Jordan | 4.75 | -0.05 |
| Taiwan | 4.36 | -0.06 |
| Saudi Arabia | 5.13 | -0.06 |
| Israel | 5.69 | -0.07 |
| Paraguay | 5.47 | -0.07 |
| Hong Kong | 4.95 | -0.07 |
| Bahrain | 6.69 | -0.09 |
| Indonesia | 5.62 | -0.09 |
| Ukraine | 16.76 | -0.12 |
| Morocco | 5.75 | -0.14 |
| Oman | 4.73 | -0.15 |
| Czech Republic | 5.54 | -0.15 |
| Poland | 5.30 | -0.17 |
| Dominican Republic | 5.40 | -0.19 |
| Togo | 8.15 | -0.21 |
| Zambia | 6.22 | -0.24 |
| Turkey | 7.33 | -0.36 |
| Argentina | 7.85 | -0.85 |
Top 30 GEM Souvereign Eurobonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
|---|---|---|---|---|---|
| BOLIVIA PLURINATIONAL STATE OF RegS | USP37878AC26 | Bolivia | Mar 20, 2028 | 4.50 | 20.00 |
| UKRAINE (REPUBLIC OF) A BONDS RegS | XS2895055981 | Ukraine | Feb 01, 2029 | 4.50 | 18.86 |
| UKRAINE (REPUBLIC OF) A BONDS RegS | XS2895056013 | Ukraine | Feb 01, 2034 | 4.50 | 15.39 |
| UKRAINE (REPUBLIC OF) B BONDS RegS | XS2895056955 | Ukraine | Feb 01, 2034 | 0.00 | 15.23 |
| UKRAINE (REPUBLIC OF) A BONDS RegS | XS2895056369 | Ukraine | Feb 01, 2035 | 4.50 | 14.98 |
| UKRAINE (REPUBLIC OF) A BONDS RegS | XS2895056526 | Ukraine | Feb 01, 2036 | 4.50 | 14.67 |
| SENEGAL (REPUBLIC OF) RegS | XS2838363476 | Senegal | Jun 10, 2031 | 7.75 | 13.69 |
| SENEGAL (REPUBLIC OF) RegS | XS1619155564 | Senegal | May 23, 2033 | 6.25 | 13.37 |
| UKRAINE (REPUBLIC OF) B BONDS MLB RegS | XS2895057177 | Ukraine | Feb 01, 2035 | 0.00 | 11.81 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS | XS2214238441 | Ecuador | Jul 31, 2035 | 6.90 | 11.73 |
| SENEGAL (REPUBLIC OF) RegS | XS1790134362 | Senegal | Mar 13, 2048 | 6.75 | 11.61 |
| UKRAINE (REPUBLIC OF) B BONDS MLB RegS | XS2895057334 | Ukraine | Feb 01, 2036 | 0.00 | 11.52 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS | XS2214237807 | Ecuador | Jul 31, 2030 | 6.90 | 11.27 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS | XS2214239175 | Ecuador | Jul 31, 2040 | 5.00 | 11.22 |
| ANGOLA (REPUBLIC OF) RegS | XS1819680528 | Angola | May 08, 2048 | 9.38 | 10.98 |
| ECUADOR REPUBLIC OF (GOVERNMENT) RegS | XS2214239506 | Ecuador | Jul 31, 2030 | 0.00 | 10.95 |
| ARGENTINA REPUBLIC OF GOVERNMENT | US040114HU71 | Argentina | Jan 09, 2038 | 5.00 | 10.94 |
| ANGOLA (REPUBLIC OF) MTN RegS | XS2083302500 | Angola | Nov 26, 2049 | 9.13 | 10.90 |
| ARGENTINA REPUBLIC OF GOVERNMENT | US040114HV54 | Argentina | Jul 09, 2041 | 3.50 | 10.89 |
| ARGENTINA REPUBLIC OF GOVERNMENT | US040114HT09 | Argentina | Jul 09, 2035 | 4.13 | 10.87 |
| ARGENTINA REPUBLIC OF GOVERNMENT | US040114HW38 | Argentina | Jul 09, 2046 | 4.13 | 10.40 |
| ARGENTINA REPUBLIC OF GOVERNMENT | US040114HS26 | Argentina | Jul 09, 2030 | 0.75 | 10.10 |
| ARGENTINA REPUBLIC OF GOVERNMENT | US040114HX11 | Argentina | Jul 09, 2029 | 1.00 | 10.07 |
| ANGOLA (REPUBLIC OF) MTN RegS | XS2446175577 | Angola | Apr 14, 2032 | 8.75 | 9.96 |
| ANGOLA (REPUBLIC OF) 144A | US035198AH33 | Angola | Jan 15, 2031 | 9.24 | 9.67 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS | XS2176899701 | Egypt | May 29, 2050 | 8.88 | 9.40 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS | XS1953057491 | Egypt | Mar 01, 2049 | 8.70 | 9.38 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS | XS1558078496 | Egypt | Jan 31, 2047 | 8.50 | 9.28 |
| EGYPT (ARAB REPUBLIC OF) MTN RegS | XS1775617464 | Egypt | Feb 21, 2048 | 7.90 | 9.25 |
| ANGOLA (REPUBLIC OF) MTN RegS | XS2083302419 | Angola | Nov 26, 2029 | 8.00 | 9.18 |
Top 30 GEM Corporate Eurobonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
|---|---|---|---|---|---|
| CANACOL ENERGY LTD RegS | USU13518AC64 | Colombia | Nov 24, 2028 | 5.75 | 50.00 |
| BRASKEM NETHERLANDS FINANCE BV RegS | USN15516AB83 | Brazil | Jan 10, 2028 | 4.50 | 46.52 |
| BRASKEM NETHERLANDS FINANCE BV RegS | USN15516AD40 | Brazil | Jan 31, 2030 | 4.50 | 29.23 |
| BRASKEM NETHERLANDS FINANCE BV RegS | USN15516AG70 | Brazil | Feb 13, 2033 | 7.25 | 25.11 |
| BRASKEM NETHERLANDS FINANCE BV RegS | USN15516AJ10 | Brazil | Oct 15, 2034 | 8.00 | 23.90 |
| VESTEL ELEKTRONIK SANAYI VE TICARE RegS | XS2817919587 | Turkey | May 15, 2029 | 9.75 | 22.86 |
| CONSOLIDATED ENERGY FINANCE SA RegS | USL1957QAJ96 | Trinidad and Tobago | Feb 15, 2031 | 12.00 | 21.91 |
| VANKE REAL ESTATE HONG KONG CO LTD MTN RegS | XS1713193586 | China | Nov 09, 2027 | 3.98 | 21.68 |
| BRASKEM IDESA SAPI RegS | USP1850NAA92 | Mexico | Nov 15, 2029 | 7.45 | 20.79 |
| CONSOLIDATED ENERGY FINANCE SA RegS | USL1957QAG57 | Trinidad and Tobago | Oct 15, 2028 | 5.63 | 20.49 |
| ALTICE FINANCING SA RegS | USL0178WAH53 | Luxembourg | Jan 15, 2028 | 5.00 | 19.25 |
| GRAN TIERRA ENERGY INC RegS | USU37016AC37 | Colombia | Oct 15, 2029 | 9.50 | 19.13 |
| BRASKEM AMERICA FINANCE CO RegS | USU1065PAA94 | Brazil | Jul 22, 2041 | 7.13 | 18.52 |
| KOSMOS ENERGY LTD RegS | USU5007TAE56 | Ghana | Oct 01, 2031 | 8.75 | 17.59 |
| METINVEST BV RegS | XS2056723468 | Ukraine | Oct 17, 2029 | 7.75 | 16.76 |
| BRASKEM IDESA SAPI RegS | USP1850NAB75 | Mexico | Feb 20, 2032 | 6.99 | 16.04 |
| ALTICE FINANCING SA RegS | USL0178WAJ10 | Luxembourg | Aug 15, 2029 | 5.75 | 15.55 |
| NWD FINANCE (BVI) LTD RegS | XS1960476387 | Hong Kong | Dec 31, 2079 | 6.25 | 15.42 |
| BRASKEM NETHERLANDS FINANCE BV RegS | USN15516AE23 | Brazil | Jan 31, 2050 | 5.88 | 15.25 |
| GOL FINANCE INC RegS | USL4441RAL08 | Brazil | Jun 06, 2030 | 14.38 | 14.31 |
| ZORLU ENERJI ELEKTRIK URETIM AS RegS | XS2926261426 | Turkey | Apr 23, 2030 | 11.00 | 14.14 |
| NWD (MTN) LTD RegS | XS2028401086 | Hong Kong | Jul 18, 2029 | 4.13 | 13.47 |
| TOTAL PLAY TELECOMUNICACIONES SAPI RegS | USP9190PAM07 | Mexico | Dec 31, 2032 | 11.13 | 12.22 |
| MC BRAZIL DOWNSTREAM TRADING SARL RegS | USL626A6AA24 | Brazil | Jun 30, 2031 | 7.25 | 12.18 |
| TELEFONICA MOVILES CHILE SA RegS | USP90375AV12 | Chile | Nov 18, 2031 | 3.54 | 11.86 |
| NWD FINANCE (BVI) LTD RegS | XS2268392599 | Hong Kong | Dec 31, 2079 | 4.80 | 11.85 |
| TRIDENT ENERGY FINANCE PLC RegS | XS2818827169 | Brazil | Nov 30, 2029 | 12.50 | 11.35 |
| ACCESS BANK PLC MTN RegS | XS2393246819 | Nigeria | Dec 31, 2079 | 9.13 | 11.20 |
| ARAGVI FINANCE INTERNATIONAL DAC RegS | XS2932787687 | Moldova | Nov 20, 2029 | 11.13 | 11.17 |
| SIMPAR EUROPE SA MTN RegS | USL8449RAA79 | Brazil | Jan 26, 2031 | 5.20 | 11.17 |
Top 30 GEM Local (reasonably rated) Currency Bonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
|---|---|---|---|---|---|
| TURKEY (REPUBLIC OF) | TRT020926T17 | Turkey | Sep 02, 2026 | 16.90 | 37.06 |
| TURKEY (REPUBLIC OF) | TRT240227T17 | Turkey | Feb 24, 2027 | 11.00 | 36.71 |
| TURKEY (REPUBLIC OF) | TRT110827T16 | Turkey | Aug 11, 2027 | 10.50 | 36.26 |
| TURKEY (REPUBLIC OF) | TRT080328T15 | Turkey | Mar 08, 2028 | 12.40 | 34.66 |
| TURKEY (REPUBLIC OF) | TRT081128T15 | Turkey | Nov 08, 2028 | 31.08 | 34.47 |
| TURKEY (REPUBLIC OF) | TRT190728T18 | Turkey | Jul 19, 2028 | 17.30 | 34.36 |
| TURKEY (REPUBLIC OF) | TRT120929T12 | Turkey | Sep 12, 2029 | 30.00 | 33.74 |
| TURKEY (REPUBLIC OF) | TRT021030T18 | Turkey | Oct 02, 2030 | 33.90 | 33.48 |
| TURKEY (REPUBLIC OF) | TRT131130T14 | Turkey | Nov 13, 2030 | 11.70 | 30.87 |
| TURKEY (REPUBLIC OF) | TRT270934T18 | Turkey | Sep 27, 2034 | 27.70 | 29.82 |
| TURKEY (REPUBLIC OF) | TRT130733T17 | Turkey | Jul 13, 2033 | 17.80 | 29.44 |
| TURKEY (REPUBLIC OF) | TRT051033T12 | Turkey | Oct 05, 2033 | 26.20 | 29.37 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN848 | Brazil | Jul 01, 2026 | 0.00 | 14.44 |
| BRAZIL FEDERATIVE REPUBLIC OF (GO | BRSTNCNTF1P8 | Brazil | Jan 01, 2027 | 10.00 | 13.85 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCNTF238 | Brazil | Jan 01, 2035 | 10.00 | 13.82 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCNTF212 | Brazil | Jan 01, 2033 | 10.00 | 13.77 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN8J8 | Brazil | Jan 01, 2032 | 0.00 | 13.70 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCNTF204 | Brazil | Jan 01, 2031 | 10.00 | 13.64 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN871 | Brazil | Jul 01, 2027 | 0.00 | 13.43 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN8A7 | Brazil | Jan 01, 2030 | 0.00 | 13.40 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN8K6 | Brazil | Jul 01, 2029 | 0.00 | 13.32 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCNTF1Q6 | Brazil | Jan 01, 2029 | 10.00 | 13.28 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN806 | Brazil | Jan 01, 2029 | 0.00 | 13.21 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN897 | Brazil | Jan 01, 2028 | 0.00 | 13.18 |
| BRAZIL FEDERATIVE REPUBLIC OF (GOV | BRSTNCLTN8F6 | Brazil | Jul 01, 2028 | 0.00 | 13.13 |
| COLOMBIA (REPUBLIC OF) | COL17CT03938 | Colombia | Jul 25, 2046 | 11.50 | 12.11 |
| COLOMBIA (REPUBLIC OF) | COL17CT04001 | Colombia | Nov 28, 2040 | 12.75 | 12.06 |
| COLOMBIA (REPUBLIC OF) | COL17CT03813 | Colombia | May 28, 2042 | 9.25 | 11.97 |
| COLOMBIA (REPUBLIC OF) | COL17CT03722 | Colombia | Oct 26, 2050 | 7.25 | 11.70 |
| COLOMBIA (REPUBLIC OF) | COL17CT03862 | Colombia | Feb 09, 2033 | 13.25 | 11.67 |
Big Country Table - Stance, Ratings and Datamine
Top 20 Developed Markets Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly
| Bond | Country | Yield | Yield Change % pts |
|---|---|---|---|
| DENMARK KINGDOM OF (GOVERNMENT) 26 | Denmark | 1.84 | 0.13 |
| SINGAPORE (REPUBLIC OF) RegS 72 | Singapore | 2.24 | 0.06 |
| NORWAY KINGDOM OF (GOVERNMENT) 27 | Norway | 3.88 | 0.06 |
| AUSTRALIA (COMMONWEALTH OF) RegS 27 | Australia | 3.56 | 0.06 |
| AUSTRALIA (COMMONWEALTH OF) RegS 27 | Australia | 3.55 | 0.05 |
| AUSTRALIA (COMMONWEALTH OF) RegS 28 | Australia | 3.56 | 0.04 |
| JAPAN (GOVERNMENT OF) 40YR #4 51 | Japan | 3.22 | 0.04 |
| JAPAN (GOVERNMENT OF) 30YR #70 51 | Japan | 3.89 | 0.04 |
| JAPAN (GOVERNMENT OF) 30YR #72 51 | Japan | 3.95 | 0.04 |
| JAPAN (GOVERNMENT OF) 30YR #73 51 | Japan | 3.98 | 0.04 |
| JAPAN (GOVERNMENT OF) 30YR #71 51 | Japan | 3.92 | 0.04 |
| AUSTRALIA (COMMONWEALTH OF) RegS 28 | Australia | 3.58 | 0.03 |
| SINGAPORE (REPUBLIC OF) 39 | Singapore | 2.01 | 0.03 |
| SINGAPORE (REPUBLIC OF) RegS 54 | Singapore | 2.01 | 0.03 |
| JAPAN (GOVERNMENT OF) 30YR #69 50 | Japan | 3.84 | 0.03 |
| JAPAN (GOVERNMENT OF) 30YR #67 50 | Japan | 3.81 | 0.03 |
| JAPAN (GOVERNMENT OF) 40YR #3 50 | Japan | 3.09 | 0.03 |
| JAPAN (GOVERNMENT OF) 30YR #74 52 | Japan | 3.81 | 0.03 |
| JAPAN (GOVERNMENT OF) 30YR #78 53 | Japan | 3.65 | 0.03 |
| JAPAN (GOVERNMENT OF) 30YR #68 50 | Japan | 3.86 | 0.03 |
Top 20 Developed Markets Sovereign Bonds Yields Drops Change USD Eurobonds (Winners) Weekly
| Bond | Country | Yield | Yield Change % pts |
|---|---|---|---|
| UK CONV GILT RegS 53 | United Kingdom | 5.18 | -0.34 |
| UK CONV GILT RegS 46 | United Kingdom | 5.09 | -0.34 |
| UK CONV GILT RegS 52 | United Kingdom | 5.15 | -0.34 |
| UK CONV GILT RegS 43 | United Kingdom | 5.02 | -0.33 |
| UK CONV GILT RegS 55 | United Kingdom | 5.15 | -0.33 |
| UK CONV GILT RegS 44 | United Kingdom | 5.04 | -0.33 |
| UK CONV GILT RegS 63 | United Kingdom | 5.14 | -0.33 |
| UK CONV GILT RegS 54 | United Kingdom | 5.17 | -0.33 |
| UK CONV GILT RegS 60 | United Kingdom | 5.12 | -0.33 |
| UK CONV GILT RegS 40 | United Kingdom | 4.84 | -0.33 |
| UK CONV GILT RegS 49 | United Kingdom | 5.12 | -0.33 |
| UK CONV GILT RegS 56 | United Kingdom | 5.16 | -0.33 |
| UK CONV GILT RegS 49 | United Kingdom | 5.12 | -0.33 |
| UK CONV GILT RegS 50 | United Kingdom | 5.08 | -0.33 |
| UK CONV GILT RegS 40 | United Kingdom | 4.80 | -0.32 |
| UK CONV GILT RegS 42 | United Kingdom | 4.95 | -0.32 |
| UK CONV GILT RegS 45 | United Kingdom | 5.06 | -0.32 |
| UK CONV GILT RegS 39 | United Kingdom | 4.75 | -0.32 |
| UK CONV GILT RegS 53 | United Kingdom | 5.18 | -0.32 |
| UK CONV GILT RegS 47 | United Kingdom | 5.11 | -0.32 |
Top 10 Developed Markets Corporate Bonds Yields Climbs Week Change USD Eurobonds (Losers)
| Bond | Country | Yield | Yield Change %pts |
|---|---|---|---|
| FLAMINGO LUX II SCA RegS 29 | Luxembourg | 44.89 | 14.38 |
| CLEAN HARBORS INC 144A 27 | United States | 18.18 | 13.51 |
| SOTHEBYS 144A 27 | United States | 15.53 | 8.12 |
| ALTICE FRANCE SA (FRANCE) 144A 30 | France | 7.41 | 7.41 |
| LABL INC 144A 29 | United States | 31.14 | 6.99 |
| ARDAGH PACKAGING FINANCE PLC 144A 26 | United States | 17.12 | 6.49 |
| GRUPO ANTOLIN IRAUSA SA RegS 28 | Spain | 22.57 | 6.02 |
| SAKS GLOBAL ENTERPRISES LLC 144A 29 | United States | 40.05 | 5.92 |
| QVC INC 144A 29 | United States | 34.25 | 5.71 |
| BCP V MODULAR SERVICES FINANCE PLC RegS 29 | United Kingdom | 22.10 | 5.53 |
| HERENS MIDCO SARL RegS 29 | Luxembourg | 26.87 | 4.58 |
| HERTZ CORPORATION (THE) 144A 29 | United States | 15.55 | 3.97 |
| CSC HOLDINGS LLC 144A 28 | United States | 25.76 | 3.59 |
| ASTON MARTIN CAPITAL HOLDINGS LTD 144A 29 | Jersey | 14.46 | 3.58 |
| COOPER-STANDARD AUTOMOTIVE INC 144A 27 | United States | 3.60 | 3.58 |
| LABL INC 144A 27 | United States | 38.49 | 3.56 |
| ORGANON & CO 144A 34 | United States | 12.20 | 3.40 |
| ASTON MARTIN CAPITAL HOLDINGS LTD RegS 29 | Jersey | 14.76 | 3.39 |
| VICTORIA PLC RegS 29 | United Kingdom | 19.65 | 3.14 |
| ORGANON & CO 144A 31 | United States | 10.81 | 3.12 |
Top 10 Developed Markets Corporate Bonds Yields Drops Week Change USD Eurobonds (Winners)
| Bond | Country | Yield | Yield Change %pts |
|---|---|---|---|
| BREAD FINANCIAL HOLDINGS INC 144A 29 | United States | -5.00 | -11.50 |
| CIRSA FINANCE INTERNATIONAL SARL RegS 28 | Spain | -5.00 | -10.17 |
| AMERICAN AXLE & MANUFACTURING INC 27 | United States | -4.01 | -8.53 |
| CHART INDUSTRIES INC 144A 31 | United States | -4.36 | -4.65 |
| CHS/COMMUNITY HEALTH SYSTEMS INC 144A 29 | United States | 11.14 | -3.43 |
| CHS/COMMUNITY HEALTH SYSTEMS INC 144A 30 | United States | 11.59 | -3.35 |
| PREMIER ENTERTAINMENT SUB LLC 144A 29 | United States | 21.63 | -2.73 |
| NOVA CHEMICALS CORP 144A 28 | Canada | 1.46 | -2.41 |
| IQVIA INC 144A 27 | United States | 2.97 | -2.18 |
| AMS OSRAM AG RegS 29 | Austria | 5.79 | -2.08 |
| AMERICAN AXLE & MANUFACTURING INC 28 | United States | 1.59 | -1.97 |
| MOBICO GROUP PLC MTN RegS 31 | United Kingdom | 9.99 | -1.90 |
| PREMIER ENTERTAINMENT SUB LLC 144A 31 | United States | 18.37 | -1.75 |
| TKC HOLDINGS 144A 29 | United States | 5.24 | -1.65 |
| LHMC FINCO 2 SARL RegS 30 | Luxembourg | 4.31 | -1.64 |
| OFFICE PROPERTIES INCOME TRUST 144A 29 | United States | 21.83 | -1.58 |
| OWENS-BROCKWAY GLASS CONTAINER INC 144A 27 | United States | 4.44 | -1.48 |
| IHEARTCOMMUNICATIONS INC 144A 30 | United States | 20.19 | -1.46 |
| BAUSCH HEALTH COMPANIES INC 144A 30 | United States | 14.05 | -1.28 |
| ALLIANT HOLDINGS INTERMEDIATE LLC 144A 27 | United States | 2.35 | -1.20 |
Top 30 DM Souvereign Eurobonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
|---|---|---|---|---|---|
| UK CONV GILT RegS | GB00BPCJD997 | United Kingdom | Oct 22, 2053 | 3.75 | 5.18 |
| UK CONV GILT RegS | GB00BLH38158 | United Kingdom | Jul 31, 2051 | 1.25 | 5.18 |
| UK CONV GILT RegS | GB00BM8Z2V59 | United Kingdom | Jul 31, 2053 | 1.50 | 5.18 |
| UK CONV GILT RegS | GB00BPSNBB36 | United Kingdom | Jul 31, 2054 | 4.38 | 5.17 |
| UK CONV GILT RegS | GB00BT7J0241 | United Kingdom | Jan 31, 2056 | 5.38 | 5.16 |
| UK CONV GILT RegS | GB00BJLR0J16 | United Kingdom | Oct 22, 2054 | 1.63 | 5.16 |
| UK CONV GILT RegS | GB00B06YGN05 | United Kingdom | Dec 07, 2055 | 4.25 | 5.15 |
| UK CONV GILT RegS | GB00B6RNH572 | United Kingdom | Jul 22, 2052 | 3.75 | 5.15 |
| UK CONV GILT RegS | GB00BMF9LF76 | United Kingdom | Oct 22, 2063 | 4.00 | 5.14 |
| UK CONV GILT RegS | GB00BD0XH204 | United Kingdom | Jul 22, 2057 | 1.75 | 5.14 |
| UK CONV GILT RegS | GB00B54QLM75 | United Kingdom | Jan 22, 2060 | 4.00 | 5.12 |
| UK CONV GILT RegS | GB00B39R3707 | United Kingdom | Dec 07, 2049 | 4.25 | 5.12 |
| UK CONV GILT RegS | GB00BFWFPP71 | United Kingdom | Jan 22, 2049 | 1.75 | 5.12 |
| UK CONV GILT RegS | GB00BDCHBW80 | United Kingdom | Jul 22, 2047 | 1.50 | 5.11 |
| UK CONV GILT RegS | GB00B128DP45 | United Kingdom | Dec 07, 2046 | 4.25 | 5.09 |
| UK CONV GILT RegS | GB00BBJNQY21 | United Kingdom | Jul 22, 2068 | 3.50 | 5.09 |
| UK CONV GILT RegS | GB00BNNGP775 | United Kingdom | Jan 31, 2046 | 0.88 | 5.08 |
| UK CONV GILT RegS | GB00BMBL1F74 | United Kingdom | Oct 22, 2050 | 0.63 | 5.08 |
| UK CONV GILT RegS | GB00BN65R313 | United Kingdom | Jan 22, 2045 | 3.50 | 5.06 |
| UK CONV GILT RegS | GB00B84Z9V04 | United Kingdom | Jan 22, 2044 | 3.25 | 5.04 |
| UK CONV GILT RegS | GB00BPJJKP77 | United Kingdom | Oct 22, 2043 | 4.75 | 5.02 |
| NEW ZEALAND (GOVERNMENT OF) | NZGOVDT554C2 | New Zealand | May 15, 2054 | 5.00 | 4.96 |
| UK CONV GILT RegS | GB00B1VWPJ53 | United Kingdom | Dec 07, 2042 | 4.50 | 4.95 |
| NEW ZEALAND (GOVERNMENT OF) | NZGOVDT551C8 | New Zealand | May 15, 2051 | 2.75 | 4.95 |
| AUSTRALIA (COMMONWEALTH OF) RegS | AU0000097495 | Australia | Jun 21, 2051 | 1.75 | 4.92 |
| AUSTRALIA (COMMONWEALTH OF) RegS | AU0000300535 | Australia | Jun 21, 2054 | 4.75 | 4.88 |
| UK CONV GILT RegS | GB00BJQWYH73 | United Kingdom | Oct 22, 2041 | 1.25 | 4.85 |
| UK CONV GILT RegS | GB00B6460505 | United Kingdom | Dec 07, 2040 | 4.25 | 4.84 |
| UK CONV GILT RegS | GB00BFMCN652 | United Kingdom | Oct 22, 2071 | 1.63 | 4.83 |
| UK CONV GILT RegS | GB00BMBL1D50 | United Kingdom | Oct 22, 2061 | 0.50 | 4.82 |
Top 30 DM Corporate Eurobonds by Yield
| Name | ISIN | country | Maturity | Coupon | YTW |
|---|---|---|---|---|---|
| NFE FINANCING LLC MTN 144A | US62909BAA52 | United States | Nov 15, 2029 | 12.00 | 50.00 |
| ALTICE FINCO SA RegS | XS1577952440 | Luxembourg | Jan 15, 2028 | 4.75 | 50.00 |
| ARDAGH PACKAGING FINANCE PLC/ARDAG RegS | XS1628848241 | United States | Jul 15, 2027 | 4.75 | 50.00 |
| ARDAGH PACKAGING FINANCE PLC 144A | US03969AAR14 | United States | Aug 15, 2027 | 5.25 | 50.00 |
| ARDAGH PACKAGING FINANCE PLC 144A | US03969AAP57 | United States | Aug 15, 2027 | 5.25 | 50.00 |
| CHROME HOLDCO SAS RegS | XS2343001991 | France | May 31, 2029 | 5.00 | 50.00 |
| THAMES WATER UTILITIES FINANCE PLC MTN RegS | XS1605393054 | United Kingdom | May 03, 2029 | 2.88 | 50.00 |
| KLEOPATRA HOLDINGS 2 SCA RegS | XS3056028171 | Luxembourg | Sep 01, 2029 | 6.50 | 50.00 |
| ARD FINANCE SA RegS | XS2079032483 | Luxembourg | Jun 30, 2027 | 5.00 | 50.00 |
| PARKLAND CORP ESCROW 144A | US701ESCAY14 | Canada | Jul 15, 2027 | 0.00 | 50.00 |
| PARKLAND CORP ESCROW 144A | US701ESCAZ88 | Canada | Oct 01, 2029 | 0.00 | 50.00 |
| PARKLAND CORP ESCROW 144A | US701ESCA050 | Canada | May 01, 2030 | 0.00 | 50.00 |
| PARKLAND CORP ESCROW 144A | US701ESCA134 | Canada | Aug 15, 2032 | 0.00 | 50.00 |
| FLAMINGO LUX II SCA RegS | XS2324523583 | Luxembourg | Mar 31, 2029 | 5.00 | 44.89 |
| BRIGHTLINE EAST LLC 144A | US093536AA89 | United States | Jan 31, 2030 | 11.00 | 43.03 |
| ASP UNIFRAX HOLDINGS INC 144A | US00218LAH42 | United States | Sep 30, 2029 | 7.10 | 40.59 |
| SAKS GLOBAL ENTERPRISES LLC 144A | US79380MAB19 | United States | Dec 15, 2029 | 11.00 | 40.05 |
| LABL INC 144A | US50168AAA88 | United States | Jul 15, 2027 | 10.50 | 38.49 |
| CSC HOLDINGS LLC 144A | US126307BA42 | United States | Jan 15, 2030 | 5.75 | 35.13 |
| LCPR SENIOR SECURED FINANCING DAC 144A | US50201DAA19 | United States | Oct 15, 2027 | 6.75 | 34.36 |
| QVC INC 144A | US747262BA06 | United States | Apr 15, 2029 | 6.88 | 34.25 |
| XEROX HOLDINGS CORP 144A | US98421MAC01 | United States | Nov 30, 2029 | 8.88 | 33.22 |
| XEROX HOLDINGS CORP 144A | US98421MAB28 | United States | Aug 15, 2028 | 5.50 | 32.59 |
| TELE COLUMBUS AG RegS | XS1814546013 | Germany | Jan 01, 2029 | 10.00 | 31.31 |
| LABL INC 144A | US50168QAD79 | United States | Nov 01, 2029 | 8.25 | 31.14 |
| CSC HOLDINGS LLC 144A | US126307BD80 | United States | Dec 01, 2030 | 4.63 | 30.07 |
| NEWFOLD DIGITAL HOLDINGS GROUP INC 144A | US650929AA08 | United States | Oct 15, 2028 | 11.75 | 29.61 |
| CSC HOLDINGS LLC 144A | US126307BK24 | United States | Nov 15, 2031 | 5.00 | 27.42 |
| HERENS MIDCO SARL RegS | XS2340137343 | Luxembourg | May 15, 2029 | 5.25 | 26.87 |
| KRONOS ACQUISITION HOLDINGS INC 144A | US50106GAJ13 | Canada | Jun 30, 2032 | 10.75 | 26.57 |