Sid Verma

Recent stories by Sid Verma

• S&P cut raises spectre of Argentine default

  Published August 2008 August

• ProBusiness issues, fearing what may come after

  The EMEA and Latin American primary markets were in summer pause this week, although one Russian issuer is accessing the market ahead of a potential deterioration in EM spreads that it fears could cool the expected September rush.

  Published August 2008 August

• Market window closing for LatAm issuers

  Few external bond deals expected before September as high new issue premiums and low refinancing needs deter borrowers in the region

  Published July 2008 July

• Lax central bank policies spark investor flight

  Published July 2008 July

• Ecuador debt policy unclear as Ortiz resigns

  Published July 2008 July

• Mexico’s Oceanografia surfaces with yieldy $335m bond

  Mexican engineering company Oceanografia paid through the roof for a $335m bond this US holiday week amid torrid market conditions that prompted the retreat of fellow high yield Latin American issuers.

  Published July 2008 July

• Jamaica’s $350m global bond fails to inspire

  Government bond attracts only $75m excess demand and plummets in the aftermarket - highlighting poor market conditions despite the scarcity value of sovereign paper

  Published June 2008 July

• Banco Sofisa prices increased $125m dollar debut as Brazilian pipeline keeps producing

  Market open for mid-tier Brazilian banks while the country's corporates prepare for cross-border issuance before the August break

  Published June 2008 July

• Riding the waves

  Equity markets in central and eastern Europe are bracing themselves for a bumpy year ahead

  Published May 2008 May 2008

• Corporates buoyed by WSE expansion bid

  Published May 2008 May 2008

• Sanctions fears grow over Romania, Bulgaria

  Published May 2008 May 2008

• Euro unity urged as dollar plummets

  Top EU finance official voices concern as fears grow over trade imbalances

  Published May 2008 May 2008

• Mounting pressures weigh heavy on Poland euro decision

  “Too many questions, too few answers,” says central bank governor

  Published May 2008 May 2008

• Russo-Kazakh development bank takes off

  Published May 2008 May 2008

• Baltics doom-mongers challenged

  Published May 2008 May 2008

• Things fall apart

  Growing wage demands, rising inflation and loose fiscal policies – combined with the possibility of give-away elections – are casting a shadow over the economies of the European Union’s two newest entrants

  Published May 2008 May 2008

• Crunch time for Serbia economy

  Central bank head urges closer EU ties

  Published May 2008 May 2008

• Bulgaria can ride the storm, says finance minister

  Published May 2008 May 2008

• The wealth of a nation

  Pyotr Kazakevich oversees Russia’s sovereign wealth funds. In an exclusive interview with Emerging Markets, the official – deputy director of the Department of International Financial Relations, State Debt and State Financial Assets, at Russia’s finance ministry – explains the rationale behind splitting the Stabilization Fund and spells out how the revenue will be used

  Published May 2008 May 2008

• The famished road

  Heavyweight infrastructure development requires heavyweight capital. But securing long term funds is not getting any easier

  Published May 2008 May 2008