Sri Lanka is just waiting for the right moment to place USD bonds, according to the central bank governor‟s comments. The proceeds will be used to repay debt (around USD 420 of notes will mature this year) and for infrastructure spending. SRILAN‟19 (B1/B+/BB- M/S&P/F) OAS is just 390 bps in line with the average OAS for Asian „BB‟ issuers.
Originating from the Netherlands, Schildershoven looks far beyond its European homeland to discover trading ideas worldwide: in Asia, Africa and the Americas. The firm’s analysts are on the lookout for truly productive medium- and short-term international investment opportunities with no bias towards any particular industry or region.
In our surveys we avoid meaningless content and trite expressions, which are commonplace in financial publications on the street. Oft-repeated phrases and long-winded texts are time-consuming to read and difficult to work with. There is no value in idle speculations about events, which may or may not have any material or assessable influence on the markets at all.
This is why we would not generate facile investment ideas to "buy assets because they are cheap" without being able to justify this transparently. Instead, our opinions are based on the logic that may prove reasonable to our clients the way they would reason the opinions of their own. This confidence helps make timely and responsible decisions when you trade. It is what we call the INTELLIGENCE™.