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
-
Investors are hiding under their desks, issuers are scared to pull the trigger and a €100bn bail-out can barely raise a smile. Surely now is not the time to come to the bond market? For some Asian issuers, it just might be.
-
Graff Diamonds was forced to cancel its IPO last week, giving bankers another example of how tough the Hong Kong market is at the moment. But it was not just the economic backdrop that forced the company to scrap its deal: Graff took an approach that would have been aggressive at the best of times.
-
If VTB manages, on its third attempt, to issue a sukuk then the Russian bank will have achieved for conventional issuers what Goldman Sachs couldn’t and Crédit Agricole didn’t dare. Demonstrating that such business is possible would do a big favour for the Islamic finance market — and the Russians themselves.
-
The European Financial Stability Facility may have sparked some quibbles over the timing of its latest benchmark, but in pricing a deal at all it has made an important point.
-
The suggestion that Bankia hit the ECB’s discount window for capital every three months is laughable. But it shows that if Spain is going to bail out its banks, it needs outside help.
-
The leveraged finance market is in a precarious position, but there is no excuse for a repeat of the disastrous slew of hung deals that closed the market in 2011.