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
-
The Islamic bond sector’s strength in recent weeks has set it in sharp relief with the tumult in the rest of the international capital markets. But amid the fervour for sukuk issues there is a risk that those looking to this growing market are already getting ahead of themselves.
-
With European corporate bonds outperforming banks and even some govvies, questions are being asked in the loan market about which side of a deal bears the real credit risk.
-
Taiwanese lenders pushing borrowers to increase the interest rates on their deals have the right idea. But they should get aggressive earlier in the process, using their bargaining power more strongly when it comes to the definition of market disruption clauses — and pricing.
-
A rush of liability management exercises has highlighted the pressure banks are under to generate core capital quickly. But they should be careful not to lose sight of long term goals too.
-
Every iteration of the eurozone crisis so far has had one common factor: German intransigence. Peripheral countries shouldn’t approach Merkel as supplicant, but as equal. Instead of begging for bail-outs, the mantra should be “pay up or get out”.
-
Last week saw a landmark event in covered bonds, with the first two Australian deals coming to market. But the new asset class has arrived stillborn. A rush to issue in spite of weak conditions has ruined the prospects for other deals.