Galt & Taggart

Portfolio flows to Emerging Markets accelerated in June, reaching US$ 28.1bn, almost 3-times higher compared to previous month, according to Institute of International Finance. Most of the investments went into debt markets (US$ 18.9bn), of which US$...

On 17 June 2021, Georgian Railway successfully priced a US$500mn, 7-year eurobond, with coupon rate at 4.0%. Strong investor demand led to 8.4x oversubscription as orders reached US$ 4.2bn. 2 International Financial Institutions participated in the d...

GR published 2020 audited financial statements along with the 1Q21 performance. 2020 turned out to be a challenging year for GR, as GR’s topline declined by 9.7% y/y to US$ 157.4mn despite growth in freight cargo transportation volumes. Main revenue....

Portfolio flows to Emerging Markets (EMs) moderated from previous month standing at US$ 13.8bn according to Institute of International Finance. Out of this amount, US$ 4.0bn went to stocks, while the rest was invested in fixed income securities.Turk....

Electricity consumption was down by 4.9% y/y in 2020, caused by lockdowns and related reduction in economic activity due to Covid-19 pandemic. Despite reduced electricity consumption, import of electricity and thermal generation remained flat, neede....

Portfolio flows to Emerging Markets (EMs) picked up in April 2021, reaching US$ 45.5 according to Institute of International Finance. US$ 14.2bn went to stocks (mostly to china – US$ 13.5bn), while the rest was invested in fixed income securities.Th....