Currencies
-
Bloc aims to launch repo facility in early autumn as part of efforts to burnish its sovereign-like borrower credentials -
Most yields came back down, but Thames Water remained the bruised outlier
-
Investors show that plugging the sector’s £88bn spending gap is all about how the companies frame their woes
-
◆ Savings banks interested in novel technology ◆ ‘Vivid’ secondary market anticipated ◆ Lack of LCR and ECB eligibility a hindrance
-
◆ Some bankers surprised at scale of moves ◆ Issuers may reconsider long-end plans ◆ Capital demand may persist
-
Office for Students to oversee restructuring as universities grapple with financial instability
-
A three or five year benchmark is expected as agency enters autumn 80% funded
-
At least one potential deal in Europe has been sidelined due to fears about the US economy
-
Central bank rate cuts could unlock asset rotation into riskier parts of the capital structure
-
Autumn funding will start early and fast, but geopolitical risk abounds
-
Early refinancing is adding more pressure on already tight corporate spreads
-
Agency wraps up a busy July and heads into the autumn with €5bn-€6bn to fund
