Borrowing costs

Borrowing costs for states are lowest since April

The yield on the G-Sec fell as a result of falling US Treasury yields and easing oil prices in the international market. Currently, the benchmark bond yield 6.10% -2031 is trading at 6.3657%. By Manish M. Suvarna The weighted average cost of borrowing on state development loans (SDLs), across states and tenure fell this week […]

Borrowing costs

Tupperware Brands cuts borrowing costs and increases financial flexibility with new $ 880 million credit facility

ORLANDO, Florida, 23 November 2021 / PRNewswire / – Tupperware Brands Corporation (NYSE: TUP), one of the world’s leading consumer products companies, today announces that it has successfully raised $ 880 million into a new secured credit facility (the “New Facility”) to refinance its existing credit facilities (the “Transaction”). Strengths of the new installation: Reduces […]

Borrowing costs

Can Green Bonds Lower Government Borrowing Costs?

Finance Minister Grant Robertson said the government could save money by issuing green bonds in place of some New Zealand government bonds. In other words, he thinks the government could pay less interest on the debt it issues if it guarantees investors that the money they lend will be used to finance environmentally friendly projects. […]

Borrowing costs

EU borrowing costs rise despite signs of a bond shortage

Eurozone bond yields rose yesterday, following movements in US Treasuries after falling earlier in the session, with a focus on a shortage of debt supply that kept borrowing costs down. block. S Treasury yields stabilized as investors weighed in concerns about the rising rate of Covid-19 infections from the Treasury’s new offer this week and […]

Borrowing costs

High borrowing costs spark broad debate in Tanzania

By Gadiosa Lamtey Dar es Salaam. High borrowing rates in the banking sector have sparked a wide debate with some questions as to whether recent central bank tax measures have improved liquidity and reduced the cost of lending. The debate was revived this week when Vunjo MP Charles Kimei pointed out in parliament that “the […]

Borrowing costs

Borrowing costs drive up losses at Aston Martin

Aston Martin posted a larger third quarter loss than last year due to high borrowing costs, despite sales more than doubling due to demand for its DBX sport utility vehicle. The company took out £ 1.1bn of high-interest debt last October as part of a refinancing aimed at providing much-needed liquidity to the company while […]

Borrowing costs

Aston Martin losses accelerate amid high borrowing costs

Aston Martin losses accelerate amid high borrowing costs, but dealer sales rise as online sales boost demand Aston Martin loss for the third quarter increased amid higher financing costs But third-quarter dealer sales jumped 104%, new figures show By Jane Denton For Thisismoney Posted: 8:45 am EST, November 4, 2021 | Update: 9:34 a.m. EST, […]

Borrowing costs

UN launches African repo market to lower borrowing costs

The UN has launched a new short-term lending market for African bonds in a move it says could cut borrowing costs for governments across the continent by billions of dollars. The Liquidity and Sustainability Facility (LSF) will allow investors to use African debt issued in foreign currencies such as the dollar and the euro in […]