sovereign debt

ECB’s Panetta warns central banks face growing political pressure

European Central Bank policymaker Fabio Panetta warned on Monday that central banks across Europe face growing political pressure from governments grappling with rising pension costs and industrial support needs, raising fresh concerns about the erosion of monetary policy independence.

BIS warns high debt leaves nations exposed to bond crises

The Bank for International Settlements has warned that elevated government debt levels are leaving countries increasingly vulnerable to sudden bond market turmoil driven by hedge fund fire sales, echoing the 2022 UK gilt crisis that erupted under former Prime Minister…

Brazil to raise up to $735M in first Latin American panda bond

Brazil announced plans to raise up to 5 billion yuan ($735 million) through its first-ever sovereign panda bond issuance, Finance Minister Dario Durigan told Reuters on Thursday, marking the largest debut of yuan-denominated debt by a foreign nation in China's…

Venezuela set to reveal $240B debt in largest restructuring

Venezuela is poised to disclose a total debt burden of $240 billion as it prepares for what would become the largest sovereign debt restructuring in history, the Financial Times reported on Wednesday, citing sources familiar with the plans.

China’s US Treasury holdings hit 18-year low in April

China's holdings of US government debt slipped to their lowest level in more than 18 years in April, extending a years-long divestment trend even as overall foreign demand for Treasuries edged higher, according to data released by the US Treasury…