Tag Archives: standard and poors

Over 20 years to construct

Gotthard Base Tunnel

Over 20 years to construct, Over 2’000 workers, Over 2’000 meters deep, Over 200 km/h fast   Next week, the world’s longest and deepest traffic tunnel – the Gotthard Base Tunnel through the Alps – will be inaugurated in Switzerland. The tunnel will span a length of 57 km – with a total tunnel system including shafts and passages of over 150 km – and …

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Bond – my name is debt

bonds

In the 2nd quarter of 2015, the value of the international debt capital market transactions amounted to 1 trillion USD – that’s 1000 billion USD in 3 months. This huge market is called bond-market. In the financial world, a bond is a paper that determines a debt from the issuer to the holder. If a company or a government issues …

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Financials – To know or not to know

financial quiz

To find out the level of financial literacy worldwide, Standard & Poor’s, Gallup, the World Bank and the George Washington University conducted a survey: More than 150’000 adults in 140 countries were quizzed on their understanding of financial concepts: Here’s the quiz: 1. Risk Diversification: Question: Suppose you have some money. Is it safer to put your money into one …

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The ‘Big Three’ & The ‘Triple B’

rating agencies

Rating agencies provide investment and credit opinions on the ability of companies and countries to meet their debt obligations – and their views are critical to investment decisions made by banks, pension funds and other financial institutions. Their views can wipe millions off bond and share prices, as well as make credit more expensive. The global credit-rating market is dominated …

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