Scotiabank top stories

• BNS hits dollar covereds as rep deals ramp up

  

  Bank of Nova Scotia issued its first dollar covered bond benchmark since 2016 on Wednesday. The deal follows a series of retained Canadian dollar covered bonds that were pledged to the Bank of Canada after it recently broadened repo eligibility to include the asset class.

  • 25 Mar 2020

• BOC makes Covid-19 bonds international

  Bank of China took Covid-19-linked bonds offshore on Thursday with a dual currency two year transaction, which was offered through its Macau branch.

  • 27 Feb 2020

• ESM asks primary dealers to set up EU entities for post-Brexit auctions

  The European Stability Mechanism has requested its primary dealers or ‘market group banks’ to set up entities within the 27 member states of the European Union in order for them to participate in bond auctions by the supranational and its sister issuer, the European Financial Stability Facility.

  • 24 Feb 2020

• Sydney Airport brings first sustainability-linked US PP

  Sydney Airport has become the first borrower to issue a sustainability-linked US private placement.

  • 19 Feb 2020

• Ontario prints its first DMTN green bond

  Ontario printed a first green bond off its domestic medium term note programme this week, and the deal was over six times covered. Demand for green provincial paper is high, with Ontario coming a week after neighbouring Quebec.

  • 13 Feb 2020

• EDC readies dollar deal ahead of busy pipeline

  Export Development Canada has mandated banks for its first dollar benchmark of the year in what has been a quiet week in the currency for public sector borrowers. SSA bankers expect activity in dollars to pick-up next week, despite a US public holiday on Monday.

  • 13 Feb 2020

• Quebec USD2.5bn 1.5% Feb 25

  • 06 Feb 2020

• Bumper demand for Quebec green deal

  Demand for Quebec’s latest green bond was high with investors pouring into the C$500m ($376.2m) no-grow deal, leading to the books closing after only 20 minutes.

  • 06 Feb 2020

• Quebec readies Canadian dollar green bond

  The Province of Quebec has hired banks to lead a new Canadian dollar green bond — its first since the start of last year.

  • 04 Feb 2020

• EIB and Quebec open the floodgates for dollar SSA market

  The European Investment Bank and the Province of Quebec were well subscribed as they re-opened the dollar SSA market following the extended Lunar New Year holiday. Two more public sector borrowers will follow with dollar bonds on Wednesday, ahead of what is expected to be a busy month in the currency.

  • 04 Feb 2020