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Ginnie Bedggood, author, writer, expat, Dominican Republic

Ginnie Bedggood, author, writer, expat, Dominican Republic
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DR Bonds Cut

'Barclays Plc recommended investors cut their holdings of bonds sold by the Dominican Republic and El Salvador as the yield spread on the securities shows they’re “fairly valued,” Barclays Plc said. Barclays reduced the countries’ bonds to “market weight” from “overweight” in a report dated today. The Dominican Republic’s dollar bonds yielded 4.10 percentage points more than U.S. Treasuries yesterday, down from 4.78 points two months ago, according to JPMorgan Chase & Co.' More here:

http://www.bloomberg.com/apps/news?pid=20601086&sid=aOXOr44ZZpbA 

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Posted on 16 Jan 2010 by Ginnie

Ginnie Bedggood, author, writer, expat, Dominican Republic
Ginnie Bedggood author