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Covered bond issuers have been reluctant to issue on the same day as a central bank announcement, but this is starting to change
Markets are looking to the authorities to simplify blockchain issues, but they may not have the purest motives
The new European Secured Note market is keen to secure regulatory recognition for the new product but there are advantages to not having it
The possible further internationalisation of the covered bond market will present challenges as well as opportunities
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  • Which sterling corporate bond, priced this week, attracted the most demand?
  • If there’s one thing people in markets cannot stand, it is uncertainty. But that is exactly where we stand with Portugal. The political, economic and capital market future of the country is teetering between recovery and disaster. But in chaos lies opportunity, we are often told. Now is the Troika’s opportunity to correct the errors it made in Greece. It had better take its chance.
  • What has the Euromarket achieved — and where is it heading?
  • Responding to the European Commission’s green paper on long term financing solutions, the Loan Market Association calls for balance between old and new.
  • This week was a momentous one for UK banking. The Banking Standards commission delivered its damning report, George Osborne lit a fire under the re-privatisation of Lloyds and RBS, and Sir Mervyn King attended his last official event as Bank of England governor.
  • No one can pretend they don’t know now. What Ben Bernanke might have thought he had already made clear, but which many in the markets had appeared to want to ignore, is that the US has every intention of reducing its asset purchases as and when the economy allows.