Debt Sales
Coverage of Debt Sales in the Nexus archive.
- Council-Backed Budget Could Lead To $130 Million Shortfall This Year, Mayor Says
Mayor Brandon Johnson criticized the City Council-backed 2026 budget, claiming it could lead to a $130 million shortfall this year due to failed revenue strategies like debt sales and advertising. The council, which rejected Johnson's proposed corporate head tax, accused him of delaying implementation to shift blame. The budget, which legalized video gambling in bars and included debt sales and augmented reality licensing, faces implementation challenges.
- South Korea Set to Reduce Debt Sales in June as Bonds Slump
South Korea is planning to reduce its debt sales in June as bond markets experience a downturn. The reduction reflects weak performance in the bond market and adjustments to government financing strategy.
- Citi Says African Borrowers Are Turning Creative on Debt Sales
Citigroup reports that African borrowers are employing innovative strategies in debt sales, adapting to market conditions. The article highlights creative financing approaches being utilized by African nations and corporations to manage their debt obligations.