Top Section/Ad
Top Section/Ad
Most recent
The public bond market needs a Gulf reopener with transparent pricing
Turbulent market conditions of the Middle East war have pushed bond issuers and investors to try new things
A swift response is tempting, but lenders should avoid kneejerk reaction
Talk of de-dollarisation has evaporated. The dollar market remains the undisputed king of financing
More articles/Ad
More articles/Ad
More articles
-
Asian loans bankers may have lost business to the bond market this year, but they have still been able to point to one of the key benefits of their market: flexibility with maturities. But now that the bond market is muscling in on shorter-term financing, even that argument is losing its strength.
-
A disappointing Pfandbrief on Tuesday may be the signal that the dash for core assets might have run its course. Whatever the news on Spanish banks later this week, peripheral and unloved sectors like ABS might be ripe for a rush of buying.
-
The European Investment Bank showed peers an example of pragmatic dealmaking on Tuesday, selling a rare 10 year euro with a well oversubscribed book. The deal was a lesson in how to price long-dated trades in an ultra rich market environment.
-
Periphery eurozone banks are back in the public bond mix as investors start to look down the credit curve. With private placement investors beginning to follow suit, issuers should consider the advantages of going private.
-
Having the European Central Bank as the single supervisor for the continent’s financial institutions will make little real difference to the way banks are scrutinised. But plans for banking union are still a good thing.
-
Asian bond issuers are in the perfect position at the moment: price-setters to a captive investor base, inundated with demand, and able to ignore the risk of competing supply. But they should be careful not to push their luck too far.