Commerzbank's news dashboard

Commerzbank in the markets

• Lesser spotted CAA dips in for tier two

  Crédit Agricole Assurances (CAA) added to the subordinated deal flow in the FIG bond market on Tuesday by launching a tier two bond. The French insurer benefitted from the rarity of its appearances in primary markets, and the large deal size meant that although the issuer paid some premium, it "did not leave much value on the table", according to a lead manager.

  • 07 Jul 2020

• Another fresh start at Commerz as leaders call it quits

  Commerzbank’s future strategy is up in the air, after its chief executive offered to resign and its chairman said he would step down. This came after a poor reaction to its 5.0 plan.

  • 06 Jul 2020

• Debut NRW.Bank social bond sparks 15 year flurry

  NRW.Bank’s inaugural social bond sparked a flurry of 15 year trades this week as a flattening French curve and the positive yields on offer helped spur on demand, with three issuers opting to follow the German agency’s successful trip to the maturity on Wednesday.

  • 02 Jul 2020

• Issuers turn to sustainable covereds amid uncertainty

  Syndicate bankers are scrambling to make sense of the covered bond market, where sentiment has been changeable in recent weeks. Amid volatility and small issuance windows, sustainable bonds have proven a safe strategy to ensure successful deals.

  • 02 Jul 2020

• Portugal and BNG land 15 year paper

  The 15 year tenor is the flavour of the week in the SSA market. Three issuers have mandated for deals at the tenor so far, following on from NRW.Bank’s successful trip to the maturity on Tuesday.

  • 01 Jul 2020