Americans are falling in ❤️ with $GOLD again! Surveys suggest gold is now Americans’ second favourite long-term investment with 26% of respondents choosing gold.

This is an increase of 11% y-o-y.

Will gold beat real estate next year? 🧈

$GLDB #XAUUSD

Ghana's debt is roughly 100% of GDP, the size of its entire economy.

Just paying the interest on this debt eats up 70% of government revenues.

But its debt is mostly in dollars, which, unlike the US, Ghana can't print.

Private, for-profit creditors are responsible for 60% of…

Many fail to grasp that China bailed out West in 2008

China gave US well over a trillion dollars in return for worthless pieces of paper

China helped to keep price inflation under control in US for over 20 yrs.

US is heavily dependent on China for resources e.g. just ask MIC

Financial term of the week!

The coupon payment is a key component of a bond's cash flow and is one of the factors that determine the bond's yield.

Bond issuers make coupon payments to fulfil their obligation to pay interest to bondholders as specified in the terms of the bond

Trent Dudenhoeffer, CFP® There's a big pile of free money on the table that any small city in America can take:

1. Issue a zero-coupon 10-year municipal revenue bond

2. Buy bitcoin

3. At maturity, sell half & pay it out to bondholders

4. Keep the rest

5. Borrow against it forever

Blackstone's troubled $1.3B floater that we profiled yesterday might sound like an outlier, but it may be an early indicator of an ice bath coming for CMBS bondholders...

CASE STUDY: Blackstone borrowed $1.3 billion against a 20-year-old portfolio of 6,700 units in 2021. The…

I know the board have been criticised recently, but they all deserve massive praise for investing in the new training ground along with the other bondholders too.

What a outstanding training facility we have now and for the future, its a place we can all be very proud of. #QPR

As I've said for months OBoard's plan of adjustment for Prepa was unconfirmable. Apparently that became obvious to them after bondholders (ex National) wouldn't agree to their cockamamie proposed plan #muniland (in which retirees get 140% of their claim while fuel lenders get…

'These are neocolonial debt traps set by Western bondholders.'

Train Wreck Coming? Downtown-focused real-estate investment trusts trade at less than half their prepandemic levels. Bondholders are demanding extra interest to hold office-building debt…

NEW: Zambia's bilateral creditors expect to be able to make a debt restructuring proposal by a French finance summit on 22-23 June.

'We have done our work at the technical level so now it is a question of ironing out the last details.'

Story by Leigh Thomas in Paris

The Finance Minister should tell us when he is going to clear all arrears owed Pensioner Bondholders. - Prof. Godfred Bokpin, Economist #PMExpress

#IOG reports that bondholders controlling 72.8% of the Voting Bonds have approved the proposed Bond amendments presented on the 16th June. This will give the company time to engage with the bondholders until end of July deadline.

Prepa bondholders detailed OBoard's lack of 'good faith' in their objection to plan of adjustment they just blew up. OBoard has overridden the express direction of Congress & court since 2016. Shameful if the court allows **another** do over. #muniland drive.google.com/file/d/1oh9JA4…

Zambia's bilateral creditors are expected to make a debt relief offer this week

My estimates of the Net Present Value of the various claims is:
- Bondholders: 114% of debt owed
- Other western private lenders: 113%
- China private: 104%
- China public: 95%
- Other bilateral: 92%

ERS (Next Up Leadville 10K) Wasn’t bailing out the UAW’s pension fund while giving bondholders the shaft, completely upending corporate law regarding the capital structure, the sin of 2009? That precedent led to municipalities doing the same thing. Bravo to all involved.

Chinese propaganda is as unbearable as US propaganda🥹

No one should fall for ⤵️dumb take.

China didn't dump US bonds in a coordinated manner together with Russians as they'll lose out being largest bondholders of US bonds after Japan. It's not magnanimity but cold calculation.

Credit Suisse bondholders accuse former CEOs of excessive risk taking

af24news.com/2023/06/22/cre…

Here's the craziest part: This example comes from Bill Bengen's original 'determining safe withdrawal rates' 1994 analysis, and it makes the case that staying invested in stocks has — historically — been the right move.
Sponsored by Vin Social

#iog bondholders agree now for the unblocking #boom

Go Beyond Dividends with the Cambria Emerging Shareholder Yield ETF Ticker: $EYLD

Govt to settle coupon arrears of bondholders on June 30
Read more - rb.gy/ge61w #coupons #bondholders #Pensioners #INDNews

#IOG bondholders agree to waive interest cover ratio and also defer interest payments until the end of July

#CORO

No placing then. Wonder how the bondholders get paid 🤔 critical time for coro GSA about to drop

Pensioner Bondholders have once again gathered at the Ministry of Finance to vent their displeasure at the non-payments of some 6 outstanding coupons.

#MiddayLive

PerpetualValue Paul Hawkins Tendering bondholders are also being bribed to consent to the insertion of a call option. That's the only thing that worries me, otherwise I'm not minded to tender.