News Results

  1. Miner Phoenix launches novel bond linked to copper price
    Reuters | 07/04/22 05:40 AM EDT

    London-listed mining company Phoenix Copper (PXCLF) is due to launch up to $80 million of bonds linked to the copper price this week, targeting investors bullish on the long-term outlook for the metal despite a recent downtrend, the chairman said. Mining companies often raise money by issuing shares or through project finance, but bonds linked to commodity prices are rare.

  2. ECB to revamp corporate debt holdings to favour greener firms
    Reuters | 07/04/22 05:18 AM EDT

    The European Central Bank plans to gradually revamp its 344 billion euro corporate debt portfolio to favour greener firms, it said on Monday, taking another step in aligning monetary policy with climate change goals.

  3. ECB to revamp corporate debt holdings to favour greener firms
    Reuters | 07/04/22 05:00 AM EDT

    The European Central Bank plans to gradually revamp its 344 billion euro corporate debt portfolio to favour greener firms, it said on Monday, taking another step in aligning monetary policy with climate change goals.

  4. BRIEF-China-based Ronshine unit plans for early redemption of puttable bonds by installments
    Reuters | 07/03/22 10:58 PM EDT

    Ronshine Investment Group's unit Rongxin: * WILL HOLD BONDHOLDERS' MEETINGS TO REPAY EARLY REDEMPTION ON PUTTABLE BONDS BY INSTALLMENTS Source text: http://www.sse.com.cn/disclosure/bond/announcement/company/c/new/2022-07-03/155501_20220703_1_zs90APOC.pdf.

  5. BRIEF-Moody's Affirms Morocco's BA1 Ratings
    Reuters | 07/01/22 04:44 PM EDT

    * MOODY'S AFFIRMS MOROCCO'S BA1 RATINGS, CHANGES OUTLOOK TO STABLE FROM NEGATIVE. * MOODY'S SAYS MOROCCO'S OUTLOOK CHANGE TO STABLE REFLECTS THE RECOVERY IN REAL GDP TO PRE-PANDEMIC LEVELS. * MOODY'S SAYS OUTLOOK CHANGE TO STABLE REFLECTS GOVERNMENT OF MOROCCO'S CRISIS MANAGEMENT CAPACITY DEMONSTRATED DURING THE PANDEMIC.

  6. BRIEF-S&P Says Finland 'AA+/A-1+' Ratings Affirmed Outlook Stable
    Reuters | 07/01/22 04:13 PM EDT

    * S&P SAYS FINLAND 'AA+/A-1+' RATINGS AFFIRMED; OUTLOOK STABLE. * S&P ON FINLAND SAYS THE RUSSIA-UKRAINE CONFLICT WILL WEIGH ON FINLAND'S ECONOMY. * S&P ON FINLAND SAYS RUSSIA-UKRAINE WAR'S OVERALL IMPACT ON FINLAND'S FISCAL AND BALANCE OF PAYMENTS POSITIONS APPEARS MANAGEABLE. * S&P ON FINLAND SAYS DIVERSIFICATION OF ENERGY SOURCES AWAY FROM RUSSIA IS PROGRESSING SWIFTLY.

  7. BRIEF-Fitch Says Financial Surpluses Buffer Households Against Rising Rates
    Reuters | 06/30/22 01:52 PM EDT

    FITCH: * FITCH SAYS FINANCIAL SURPLUSES BUFFER HOUSEHOLDS AGAINST RISING RATES. * FITCH RATINGS SAYS FINANCIAL SURPLUSES BUFFER HOUSEHOLDS AGAINST RISING RATES. * FITCH SAYS THOUGH AGGREGATE HOUSEHOLD SAVINGS RATIOS EASED FROM PANDEMIC PEAKS, SAVINGS REMAIN LARGER THAN RESIDENTIAL INVESTMENT, IMPLYING ONGOING FINANCIAL SURPLUS.

  8. GRAPHIC-Brutal first half puts bonds in line for worst year in decades
    Reuters | 06/30/22 07:00 AM EDT

    * U.S. Treasuries down 11%, set for worst year since at least 1973. * Euro zone govt, corporate bonds also see double-digit losses. * Most of Treasury sell-off likely over, but outlook hard to read. By Yoruk Bahceli.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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