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New Pfandbrief platform brings Liechtenstein’s first ever covered bond
Earnings blackouts and higher funding costs to supress April supply
After nearly barren week, issuance could return after Easter but all depends on headlines
Data
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June could be very busy as borrowers come early to exploit good conditions -
Factors stack up to make US issuers and investors eager
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Despite the latest legal development being ostensibly market pleasing, many feel little reason for cheer
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Banks encouraging investors to lend to cut out competition from other banks
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Case against power company dismissed but NGOs believe precedent for action has been established
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◆ Issuer sees sizable orderbook attrition ◆ Trade looks to pay single-digit new issue concessions ◆ Deal flow to dry up from today
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