Currencies

Although the Swiss franc bond market is on track for its best year since 2014, falling interest rates caused a sharp drop in issuance in the second half of 2024. Widening spreads made the market harder to navigate and, as Sophie Astles writes, the road ahead could be rocky

Company brings its bank group up to 22

€19bn of Cédulas will mature next year — but not all will be refinanced

Spread between riskier and higher rated corporate debt tipped to widen for first time in years

Bloc will do first syndication of new year in week of January 13

High spread names are attracting huge demand

Company finances taxis for private drivers, majoring on EVs

German agency aims to raise around 15% of 2025 target via green bonds as it sets upper limit on tapping euro benchmarks

CEE covered bonds are at historic tights over core Europe

Mortgage reforms that will support Canadian covered demand are coming soon

Loan replaces a conventional revolver that was due in 2025

Steel firm tightens both tranches of its €1bn trade by 40bp