Currencies
-
Announcements could come as early as Monday, the two month anniversary of the last public GCC trades -
The ratings review finished with both upgrades and downgrades linked to senior bonds now being subordinated to regular deposits
-
Red-hot corporate hybrid bond market could tempt more debut issuers
-
◆ Issuer plans regular appearance after 'warm welcome' ◆ Two euro bonds yet to come ◆ Inaugural covered deal not expected until late 2027
-
◆ Five year dollars preferred over euros ◆ New US investors in book ◆ Zero coupon structures suit ALM needs
-
◆ Pearson pays up to reopen UK sterling paper ◆ Investors hungry for scant sterling supply ◆ Fellow UK media firm Informa opts for euros
-
Hong Kong dollar issuance grows 33% year-on-year in private placements
-
◆ Sentiment improves after ceasefire extended ◆ Handelsbanken nears record tights ◆ Jyske Bank attracts €3.3bn of orders
-
◆ Issuer typically funds in dollars ◆ ESG euro bond had been in the pipeline ◆ Premium paid to leave room for performance
-
◆ Deal lands flat to recent UK and Canadian trades ◆ Dollar prices find stable footing for issuers and investors ◆ Pricing in line with other currencies
-
◆ 48bp over mid-swaps spread for five year SP paper unbeaten since 2020 ◆ Nordic banks first to exit earnings blackouts ◆ New issue premium debated
-
◆ Norwegian issuer returns to hybrid market after 2023 debut ◆ Issuer slashes spread by 62.5bp ◆ €5bn peak book drives pricing through fair value
