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Indicative Year-to-Maturity: 4.70%
Sultanate of Oman
- Bond: 4.62%OMAN 4.75 26
- Indicative Yield-to-Maturity (YTM): 4.70%
- Credit Rating : Baa3 / BBB- / BB+
Detailed Information
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Country Overview
AS OF 08 Jul 2025- Oil-dependent economy with diversification efforts: While oil and gas remain the primary drivers of Oman’s economy, contributing significantly to GDP and government revenue, the country is actively pursuing economic diversification through its “Vision 2040” plan. This aims to boost non-oil sectors like manufacturing, tourism, logistics, agriculture, and fisheries.
- Positive growth driven by non-oil sectors: Oman’s GDP has shown growth in recent periods, largely propelled by the expansion of non-oil activities, including manufacturing, services, and construction, even amidst OPEC+ oil production cuts. Natural gas production is also a growing contributor.
- Fiscal reforms and debt reduction: The Omani government has implemented significant fiscal reforms, including a VAT and subsidy reductions, which have helped shift fiscal and external balances into surpluses since 2022. This prudent management has substantially reduced public debt, improving the country’s financial stability and investor confidence.
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SK Hynix
Bond:
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How may we help you?
Search topics about wealth insights and investments.SM Investments Corporation
- Sector: Banking and Real EstateRetail
- Sub Sector: Diversified Conglomerate
- Country: Philippines
- Bond: SMPM 5.375 29
- Indicative Yield-to-Maturity (YTM): 4.70%
- Credit Rating : M/P
Detailed Information
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Fundamental View
AS OF 20 Mar 2025- SMIC (SM Investments Corporation) is the obligor for the SMPM 29 bond. In finance, an obligor is the party (individual or entity) that has a legal or contractual obligation to another, in this case, to make payments (principal and interest) on the bond to the bondholder.
- We continue to be optimistic about the growth of SM Investments Corporation (SMIC) given its net income growth of 9% year-on-year (YoY) in Q3 2024. Credit quality remains strong given its net debt to equity ratio of 53.84% along with its dominant market position in multiple sectors.
Recommended Issuers
Who We Recommend
SK Hynix
Bond:
HYUELE 5.5 29
Credit Rating:
Baa2/BBB/BBB
Pfizer
AstraZeneca