Barclays
-
The US Securities and Exchange Commission (SEC) is deadlocked over changes that will let many money market funds keep their stable net asset value, rather than floating their asset value to make it clear that MMFs are investments, not deposits.
-
It is not every day that two of the top Belgian corporate credits are in the bond market on the same day, but that happened on Wednesday. As one banker joked, the Belgian corporate market had been boosted by President Obama’s visit to Brussels that day.
-
The European corporate bond market had already seen plenty of fireworks by Wednesday but there was no let-up on Thursday. -
Bank of Nova Scotia’s inaugural legislative covered bond, issued this week, is unlikely to offer much performance and is not eligible for bank liquidity buffers, but it offered genuine diversification to a hungry market. At 9bp the deal was priced on the tight side of expectations with little scope for performance.
-
-
Damac Real Estate Development has lined up roadshows as it plans to issue a debut dollar sukuk.
-
Telefónica returned to the hybrid capital market on Monday, six months after its €1.75bn transaction in September, to sell another deal of the same size.
-
The European Investment Bank sold the first sterling green bond from a public sector issuer on Wednesday. The deal's strong reception should encourage other issuers to look to print green bonds in the currency, said SSA bankers.
-
Zambia has its work cut out on a seven day roadshow that began on Thursday. The sovereign is planning a second dollar Eurobond, but will have to convince investors it has a solution to its deteriorating finances in order to avoid offering a hefty yield, said analysts.
-
Chris Madderson has been named as head of equities syndicate, EMEA at Barclays, replacing Adam Welham, who left the firm late last year.
-
Sberbank Europe has signed a €350m debut one year syndicated term loan.
-
Damac Real Estate Development has lined up roadshows as it plans to issue a debut dollar sukuk.
