Portugal is selling debt maturing in 2024 via banks, according to a person familiar with the plan, its second bond sale this year as the nation approaches the end of its three-year international bailout program. The additional 10-year securities may yield 320 to 325 basis points more than the mid-swap […]
Tag: International Monetary Fund
A New Multilateralism for the 21st Century: the Richard Dimbleby Lecture
By Christine Lagarde Managing Director, International Monetary Fund London, February 3, 2014 As Prepared for Delivery Good evening. It is a great honor to be invited to deliver this year’s Dimbleby Lecture, and I would like to thank the BBC and the Dimbleby family for so kindly inviting me—and especially […]
Namibia Banking Sector Highly Profitable-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday reported that the Namibian banking system is highly profitable, well-capitalised and with relatively low nonperforming loans. The IMF’s executive board reported this at the conclusion of the Article IV consultation with Namibia without a meeting. Apart from high profitability […]
