Top Insights of the Week: Ending 8/13/21
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
Telesat Canada (TELSAT) increased 7.1% from $83.53 to $89.48 last week after the Canadian government announced it will make a C$1.44 billion investment in the company’s low orbit constellation, Telesat Lightspeed
AESGEN increased 6.2% from $59.82 to $63.54 last week after Chilean presidential primaries in July brought some relief to the market. It is likely that growth will continue to accelerate across renewables and energy efficient applications and services in the region.
PORT AUTH NY/NJ-TXBL decreased -3.1% from $125.80 to $121.94 after the Port of Miami made the largest sale of bonds of $1.4 billion last week, putting New York and New Jersey in the second spot after their sale of $1.1 billion last July.
Retail was this week's top-performing industry up .55% as the eCommerce boom continues with further emphasis placed on buy now pay later (BNPL) functionality benefiting both sellers and buyers.
SolveQuotes recently enhanced the Structured Products Reference Data and added Edgar 13F / N-Port Holder Data.
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
BUENOS increased 5.7% from $38.70 to $40.90 last week after Argentina’s central bank ruled out increasing interest rates to combat rising currency pressures and as inflation climbs above 50%.
AESGEN increased 6.6% from $56.14 to $59.82 last week, driven by accelerating growth in South American demand for renewables and energy efficiency applications and services, as well as an upgrade in their credit ratings from Moody’s, Fitch, and S&P.
PORT AUTH NY & NJ-181 increased by 2.1% from $137.78 to $140.60 last week as news breaks of Amazon Global Air may be redeveloping air cargo facilities at Newark Airport.