Refine by sector
Latest articles in Iraq
Strategy Note / Global

Saudi and GCC ugly fiscal truth from low oil prices

At least, most in the GCC region are forecast to bring down their fiscal breakevens in 2021, eg Saudi drops from US$78 (with a c11% fiscal deficit) in 2020 to US$68 (6% fiscal deficit) in 2021. Saudi and GCC currencies: Drop the pegs while FX reserve...
Tellimer Research Hasnain Malik
Hasnain Malik @ Tellimer Research 20 October 2020
Saudi and GCC ugly fiscal truth from low oil prices
Saudi and GCC ugly fiscal truth from low oil prices
Strategy Note / Global

Iraq risks are increasing (US sanctions or airstrikes, protests, oil revenues)

More severe scenarios involve new US airstrikes (of the sort seen in the first week of January 2020 when Iranian Quds Force commander Qassem Soleimani was assassinated). On this occasion, Iran's Supreme Leader Khamenei and Foreign Minister Zarif have...
Tellimer Research Hasnain Malik
Hasnain Malik @ Tellimer Research 5 October 2020
Iraq risks are increasing (US sanctions or airstrikes, protests, oil revenues)
Iraq risks are increasing (US sanctions or airstrikes, protests, oil revenues)
Weekly Credit Risk Monitor / Global

Top 5 picks, possible debt relief extension, new data on China-Africa lending

Read the full report here. Ecuador launched its consent solicitation and invitation to exchange on Monday (20 July). The financial terms seem to be consistent with those set out in the Agreement in Principle with the Ad Hoc group of creditors, and in...
Tellimer Research Stuart Culverhouse
Stuart Culverhouse @ Tellimer Research 23 July 2020
Top 5 picks, possible debt relief extension, new data on China-Africa lending
Top 5 picks, possible debt relief extension, new data on China-Africa lending
Strategy Note / Global

Fixed income strategy – Our top picks for H2

In this Strategy note, we present our Top-5 picks for the second-half of the year and survey recent market developments. The spread on the EMBGID is 447bps (cob 21 July), compared to its peak of 721bps on 23 March, but it still remains 156bps above t...
Tellimer Research Stuart Culverhouse
Stuart Culverhouse @ Tellimer Research 23 July 2020
Fixed income strategy – Our top picks for H2
Fixed income strategy – Our top picks for H2
Flash Report - Fixed Income / Global

Kurdistan payments to oil companies at risk as KRG-Baghdad dispute reignites

Iraq and Kurdistan fall out again on federal budget transfers to the region. According to Argus Media andKurdistan 24, the Kurdistan Region of Iraq has not fulfilled its part of the deal in 2020 and the federal government instructed the ministry of f...
Tellimer Research Kiti Pantskhava
Kiti Pantskhava @ Tellimer Research 1 May 2020
Kurdistan payments to oil companies at risk as KRG-Baghdad dispute reignites
Kurdistan payments to oil companies at risk as KRG-Baghdad dispute reignites
Flash Report - Fixed Income / Global

Kurdistan oil & gas: KRG resumes monthly payments

Oil & gas companies operating in the Kurdistan Region of Iraq received payments last week for March 2020 oil shipments, according to Genel, Gulf Keystone and ShaMaran. However, oil receivables for November 2019-February 2020, the period when oil pric...
Tellimer Research Kiti Pantskhava
Kiti Pantskhava @ Tellimer Research 20 April 2020
Kurdistan oil & gas: KRG resumes monthly payments – positive
Kurdistan oil & gas: KRG resumes monthly payments – positive