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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
Record-tight dollar spreads flatter public sector borrowers — and flag a deeper unease about the benchmark itself
If it looks like a covered bond, acts like a covered bond and prices like a covered bond, then it probably should be treated like one
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Technicals continue to outweigh fundamentals, but there's a lot more at stake now -
The Middle East's IPO market has suffered its first major flop this year
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Applying a renewable energy multiple to a business still reliant on profits from gas made little sense
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Value in private credit is created by the staff
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Investors pine for liquidity, but some will accept green instead
