January 31, 2024/US Federal Reserve The Federal Open Market Committee, at its annual organization meeting this week, unanimously reaffirmed its “Statement on Longer-Run Goals and Monetary Policy Strategy,” often known as the consensus statement, which articulates its approach to monetary policy. The reaffirmed statement is identical to the version initially […]
Updates
Afreximbank acts as Joint Global Coordinator on Arab Bank for Economic Development in Africa’s Inaugural EUR 500M Social Bond
The 3-year bond was priced at 100bps over EUR midswap rate to yield 3.806% (annual fixed coupon 3.750%) well inside initial price thoughts of 120-125bp respectively January 30, 2024/Afreximbank The African Export-Import Bank (Afreximbank), is pleased to announce that it has successfully acted as Joint Global Coordinator on the inaugural […]
Statement on the Denial of a Rulemaking Petition Regarding the Commission’s No-Admit/No-Deny Policy
January 30, 2024/US SEC By Chair Gary Gensler Today, the Commission denied a Petition for Rulemaking[1] to amend Rule 202.5(e), more commonly known as the Commission’s no-admit/no-deny policy. I was pleased to support the Commission’s decision. The Commission’s no admit/no deny policy was adopted in 1972. As the Commission said […]
