Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
It was pleasing this week to see the eurozone finally accept the proposition that Greece needs real debt reduction if it is to stand even the remotest chance of getting out of its mess. But what Tuesday’s debt relief package (see cover story) really betrayed was Europe’s fear about losing its first member of the euro. It is right to be so fearful.
-
Two European FIG borrowers stepped into the subordinated debt market this week with markedly different trades. Allianz blazed into the dollar market, building a spectacular $11bn book for its $1bn perpetual subordinated transaction.
-
Bank of Ireland’s return to covered bonds this week provided more evidence of the growing rehabilitation of peripheral borrowers in Europe’s capital markets. But that trend is a curious mix of the encouraging and the worrisome.
-
The bank capital community — management, funding officials and investors — has had a tough time in recent years trying to get its head around a continually evolving set of rules.
-
EuroWeek, along with a number of senior bankers, has warned for well over a year that if SSA borrowers failed to stop squeezing their dealers for everything they were worth, they would face dire consequences for their own borrowing needs.
-
No matter what ECB president Mario Draghi might want to tell the Germans, the central bank’s OMT scheme is an all but tailor-made mechanism to provide Spain with the means to begin fixing its debt hangover.