Top Section/Ad
Top Section/Ad
Most recent
Premiums may not be at risk of increasing yet but caution should remain the watchword
It will be better for all in the long run if Venezuela can prioritise domestic spending over debt repayments
The rollover risks sovereigns are accepting in exchange for cheaper funding
It's not the juniors in capital markets who need protecting from obsolescence. They stand to benefit most from the deployment of AI
More articles/Ad
More articles/Ad
More articles
-
Bigger, tighter and more widely distributed, the inaugural issue of the Société de Financement de l’Economie Française (SFEF) last week trumped government guaranteed-offerings from the UK banks. But the French solution has one major drawback: it does nothing for the cause of transparency.
-
Europe’s utility companies have reinvigorated the bond market with Eu10bn of issuance in the last month. But the burst of deals says more about the dire state of the loan market than it does about the health of the bond market. No longer confident in the ability of their banks to support them in 2009 they have opted instead to swallow bond investors’ demands for ever-larger spreads.
-
Government guaranteed issuers, set for the scrapheap just a few years ago, are now one of the defining features of the capital markets in 2008. Even more reason, then, to celebrate KfW turning 60 today.
-
China’s banking regulator may have revved up the securitisation engine but it has yet to disengage the hand brake. After seven months of indecision while government officials watched the credit crunch wreak havoc, they have tentatively made the right choice in allowing banks to use securitisation. But regulators still have a long way to go.
-
China’s banking regulator may have revved up the securitisation engine but it has yet to disengage the hand brake. After seven months of indecision while government officials watched the credit crunch wreak havoc, they have tentatively made the right choice in allowing banks to use securitisation. But regulators still have a long way to go.
-
Margins have widened, tenors have shortened, promises of ancillary business have been made more specific and underwriting groups have expanded. Syndicated loans bankers have done all they can to get the market operating at full speed again — but to no avail. The loan market’s recovery now depends on factors outside their control.