© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

Leader

Top Section/Ad

Top Section/Ad

Most recent


SSA
Where do investors look when JGBs and USTs are no longer reliable?
Better to pay a new issue premium now than risk facing spread blowout
Asian buyers driving callable SSA market have resurfaced in public benchmark deals
Public sector issuers have become more flexible when executing cross-currency interest rate swaps
More articles/Ad

More articles/Ad

More articles

  • When market participants can’t see a possible end to a bond rally, the ending is likely to be brutal.
  • This week, Esselunga, a 60 year old Italian supermarket chain issued its debut corporate bonds. It is rated Baa2/BBB-, the same as its own government.
  • At first glance the flurry of Italian banks entering the capital markets — including such unfamiliar names as Banca Popolare Dell’alto Adige (BPAA) and Banca Sistema — is an indication that international investors will lap up the debt of Italian minnows just as readily as they do for larger lenders in other peripheral Eurozone countries.
  • There was a time, not so very long ago, when a ‘yes’ vote in a secession referendum in the most prosperous region of the eurozone’s fastest growing economy might have sparked some concerns. Those days appear to be behind us.
  • “Phew, you scared us there!” sums up the reaction of Europe’s equity capital market on Thursday, when Pirelli’s monster truck of an IPO, which had sagged by 2.8% from its launch price on its first morning of trading, perked up and began climbing as it ought.
  • The European Commission appears to be pushing ahead with plans to launch sovereign bond-backed securities, according to a draft document seen by GlobalCapital. While the intentions behind the product are noble, this is the wrong way to fix the eurozone’s sovereign-bank nexus.