December 24, 2018 | Cbonds
We are glad to announce that the number of bonds containing complete information on covenants has been increased. At the time being, on the Cbonds website, the number of EM international bonds with covenants exceeds 4,200 (for example, Capitaland, 1.85% 19jun2020, SGD (Conv.), http://cbonds.com/emissions/issue/153931).
As a result of the expansion of the covenant coverage, three regions with the largest number of international bonds with covenants can be distinguished:
1. Asia - 1,650 issues;
2. Latin America - 928 issues;
3. CIS - 490 issues.
An increase in the number of securities with covenants from these regions and other regions, among other things, improves the quality of analysis of the investment attractiveness and risks of international bonds.
It bears reminding that the "covenant" is the issuer's obligation, which occurs in case of non-fulfillment of pre-agreed conditions or subject to occurrence of pre-agreed events.
We are continuously continuing to increase the database of international bonds with available information on covenants so that you can evaluate investment opportunities as best as you can.