Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1

Stato
Chiusa ad ulteriori risposte.
[Text] Ivory Coast bond rebounds in nervous trade
LONDON, Feb 1 (Reuters) - Ivory Coast's defaulted $2.3
billion bond rebounded on Tuesday from record lows as investors
took the opportunity to buy in the hope of future payment.
Ivory Coast missed a $29 million coupon payment on Monday
but investors say optimism remains that one of the country's
rival presidential claimants will arrange payment in future.
"Probably the buyers out there are the long-short (hedge
fund) guys who are seeing value," said one fund manager.
"Real money investors are in already and those who arent are
not going to buy now."
The bond <XS0496488395=R> rose 3.35 points from Monday's
close to 39.75 cents on the dollar, after losing over 3 points
earlier in the day.
(Reporting by Carolyn Cohn; editing by Sujata Rao)
(([email protected]; Reuters Messaging
[email protected]; +44 207 542 6320))
Keywords: IVORYCOAST BOND
 
Stato
Chiusa ad ulteriori risposte.

Users who are viewing this thread

Back
Alto