Cover story
-
◆ Size and execution the main attractions of dollars, but it costs more ◆ Well progressed UK banks weigh taking a chip off the table ◆ Dollar covered bonds unlikely -
Development banks could issue hybrids up to a third of their equity
-
Investors and analysts fear central bank has not gone far enough in its fight against inflation following rally in bonds
-
◆ Supply, not demand, to determine summer pipeline ◆ Barbell market with top and low quality issuers the most welcome ◆ Opportunistic funders the most likely summer candidates
-
Curve tightens as supra undercuts issuance expectations but uncertainty remains amid ‘bottleneck’ loan delays
-
'Relief rather than fear' for investors missing higher yielding deals as they dodge deals from minnows in favour of benchmarks
-
Silicon Valley Bank’s collapse in March postponed the pipeline of state selldowns
-
Demand for high yielding paper drives comeback for most subordinated bank capital
-
Eager investors appear willing to ignore hawkish signs with more borrowers likely to contemplate bonds
-
The soda ash company failed to convince risk-averse investors to accept its valuation demands
-
The bills have the potential to do damage to both New York and sovereigns themselves, say sources, while others urge change
-
Wave of deals comes after some borrowers had shunned dollars for months or years
