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Bond Markets Have Been Hard to Trade, Kaminski Says

Kathryn Kaminski, AlphaSimplex Group chief research strategist, discusses the current state of the equity and bond markets as stocks sit at all-time highs. She says the bond market has been difficult to trade from a trend perspective. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)

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Agusto & Co withdraws Geregu Power’s rating after N40.09 billion bond default

Agusto & Co has withdrawn the “A-” credit rating assigned to Geregu Power Plc and its N40.09 billion Series 1 Senior Unsecured Bond, after the company defaulted on its scheduled eighth coupon payment…

  • Agusto & Co withdraws A- rating and bond rating for Geregu Power
  • Company defaults on N40.09 billion bond payments
  • Financial performance concerns lead to rating downgrade

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