Atanas Dinov

FIG

Bank of Japan Governor Kazuo Ueda (C) chats with U.S. Federal Reserve Chair Jerome Powell (R) at a villa used for an economic symposium in Jackson Hole, Wyoming, on Aug. 25, 2023. Standing next to Ueda is European Central Bank President Christine Lagarde.

FIG market braces for November to remember

Banks have a promising but fleeting funding window that could push unsecured issuance for the year to a new record

Atanas Dinov, November 02, 2023

Senior Debt

Handelsbanken rides central bank ‘euphoria’ to price tight senior

◆ Funding conditions become even more favourable following the FOMC's decision to stay pat ◆ Deal clears with slim concession of up to 5bp ◆ Good deal results and sentiment could lure Friday issuance

Atanas Dinov, November 02, 2023

Senior Debt

Business Evolution and Improved Technology as Concept

Sentiment boost for FIG primary market but not for every issuer

◆ ECB terminal rate belief anchors yields and stabilises mood ◆ Bond performance gives confidence ◆ But concerns linger over smaller borrowers' market access

Atanas Dinov, November 01, 2023

Senior Debt

facade of the Credit Mutuel Bank in the town of Saint-Raphael

BFCM scores €1.25bn SNP as it feeds ‘starved’ investors

◆ Issuer attracts €3.6bn book with just 5bp NIP ◆ Despite challenging backdrop and frequency of issuance, BFCM achieves 'solid' outcome ◆ Eight year tenor meets bid for duration

Atanas Dinov, October 31, 2023

FIG

Sign above "The Coventry Building Society" branch premises in Stratford upon Avon includes slogan "TLC not PLC" and Lady Godiva

Coventry deal underlines UK demand

UK financials continue to draw big books

Sarah Ainsworth, October 31, 2023

Covered Bonds

Iccrea eyes second OBG as calm spreads after ECB meet

Lender prepares four year covered bond deal as funding conditions appear to ease for Italy and its banks

Atanas Dinov, October 30, 2023