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Dec 23, 2013
Dec 20, 2013

S&P upgrades Mexico credit rating, hails energy bill

NEW YORK/MEXICO CITY (Reuters) – Standard & Poor’s on Thursday raised its sovereign long-term foreign currency credit rating for Mexico by one notch to BBB-plus days after the country approved the biggest shake-up of its energy sector since 1938 in a bid to boost growth.

The upgrade, which moves Mexico higher into investment-grade territory with a stable outlook, brings S&P in line with both Moody’s Investors Service’s Baa1 rating with a stable outlook and Fitch Ratings’ BBB-plus with a stable outlook.

Dec 20, 2013

S&P upgrades Mexico sovereign credit rating

NEW YORK, Dec 19 (Reuters) – Standard & Poor’s on Thursday
raised its sovereign long-term foreign currency credit rating
for Mexico by one notch to BBB-plus days after the country
approved the biggest shake-up of its energy sector since 1938 in
a bid to boost growth.

The upgrade, which moves Mexico higher into investment-grade
territory with a stable outlook, brings S&P in line with both
Moody’s Investors Service’s Baa1 rating with a stable outlook
and Fitch Ratings’ BBB-plus with a stable outlook.

Dec 19, 2013
Dec 19, 2013
Dec 19, 2013

S&P upgrades Mexico sovereign credit rating to BBB-plus

NEW YORK, Dec 19 (Reuters) – Standard & Poor’s on Thursday
raised its sovereign long-term foreign currency credit rating
for Mexico to BBB-plus from BBB, moving it higher into
investment-grade territory after a series of economic reforms
lifts the nation’s economic prospects.

“The passage of a landmark energy reform, supported by some
changes in the fiscal framework, bolsters Mexico’s growth
prospects and fiscal flexibility in the medium term,” S&P said
in a statement.

Dec 19, 2013
Dec 19, 2013

Lebanon credit outlook revised down to negative – Fitch

NEW YORK, Dec 19 (Reuters) – Fitch Ratings on Thursday
revised down the sovereign foreign currency long-term credit
rating for Lebanon to negative from stable citing increased
political risks, deteriorating public debt dynamics and weak
economic growth prospects.

The credit rating was affirmed at B, five notches below
investment grade, Fitch said in a statement.

Dec 18, 2013

Emerging market debt trading volumes drop 20 pct in 3rd quarter

NEW YORK, Dec 18 (Reuters) – Trading volumes of emerging
market debt dropped in the third quarter to $1.266 trillion, a
20 percent decline from the prior quarter as issuers pulled back
from selling bonds while uncertainty over U.S. monetary policy
increased.

Trading activity, however, declined only 2 percent from the
same period in 2012, EMTA, the trade association for the
emerging markets debt trading industry, said in a statement on
Wednesday.

Dec 17, 2013
    • About Daniel

      "I'm a New York-based global investment correspondent with over 20 years of experience covering financial markets, business and foreign policy. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught business and economic journalism from Asia, Europe, Latin America and the United States. Prior to joining Reuters I was a producer at CNN Business News in New York."
      Joined Reuters:
      1997
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