Atanas Dinov

GC View

Company headquarters of Switzerland's two largest banks UBS (background) and Credit Suisse at Zurich, Switzerland, Paradeplatz.

Higher rates are powering an equilibrium in the AT1 market that may tempt even the most unlikely of issuers to come to the market

Atanas Dinov, November 08, 2023

Regulatory Capital

Pension Insurance Corporation float at the Lord Mayor's Show parade in the City of London, UK. Large inflatable penguin floating through City streets

PIC and Sogecap offer rare insurance tier twos

◆ PIC preparing to take £200m new net capital after maxing tender offer ◆ Sogecap takes the road for first deal since 2014 ◆ Meanwhile parent SocGen calls dollar AT1

Atanas Dinov, November 06, 2023

Senior Debt

Bank of Ireland headquarters, Baggot St. Dublin. Image shot 2009. Exact date unknown.

Senior sales fly in FIG market

◆ Four deals attract €12bn of demand ◆ JPM resuscitates Reverse Yankee bank sales after five-month hiatus ◆ Bank of Ireland scores largest oversubscription and pays lowest premium

Atanas Dinov, November 06, 2023

Leader

GlobalCapital timing Italian bank funding 002.jpg

Italian banks: carpe diem

Italian banks should seize a lift in sentiment to distance themselves from the sovereign

Atanas Dinov, November 02, 2023

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