Scotiabank top stories

• BT leads charge as borrowers tough it out

  

  Four borrowers piled into the dollar bond market on Thursday, adding to one of the busiest weeks of the year despite tough market conditions. UK telecoms company BT led the charge with a $1.35bn two-part deal.

  • 29 Nov 2018

• Duke Energy joins US utility green bond club

  Duke Energy Corp became the latest US utility to issue green bonds last week, when it priced a $1bn dual tranche offering.

  • 13 Nov 2018

• Volkswagen leads borrowing blitz in US after mid-terms

  Volkswagen printed the biggest trade in its history as high-grade corporate borrowers blitzed the dollar market in response to the results of the US mid-term elections.

  • 08 Nov 2018

• Yorkshire, Coventry, Lloyds and DZ Hyp embark on series of covered bond firsts

  Yorkshire Building Society (YBS) and Coventry Building Society have mandated leads for the first five year Sonia-linked covered bonds, Lloyds is out with the first Reg S dollar covered bond from a UK issuer in years, and DZ Hyp has mandated leads for the first deal under its new brand name. Elsewhere, Bank of Nova Scotia has opened order books for a three year sterling tap.

  • 05 Nov 2018

• Alberta USD2.25bn 3.35% Nov 23

  • 26 Oct 2018

• Alberta prints record equalling size

  The Province of Alberta was set to price its joint biggest ever dollar benchmark on Thursday, with a $2.25bn November 2023.

  • 25 Oct 2018

• JBIC returns with ‘monster’ dual tranche, Alberta goes for fives

  Japan Bank for International Cooperation took advantage of the lack of competing supply and good demand in dollars to suck $3bn out from the primary market on Wednesday. Meanwhile, the Province of Alberta has mandated banks for its third benchmark of the year.

  • 24 Oct 2018

• Investors snap up safe dollars but benchmarks tipped for comeback

  Investors were in defensive mode in the dollar market this week as they snapped up short dated trades and floating rate notes, with demand particularly heavy from central banks and official institutions. Bankers are hopeful that benchmark supply will return next week.

  • 18 Oct 2018

• NRW.Bank USD1bn FRN Oct 20

  • 18 Oct 2018

• ESM prices ‘fairly’ in dollar return, IADB and NRW.Bank hit screens

  The European Stability Mechanism priced its second ever dollar benchmark at a “fair” level of around 5bp over European Investment Bank’s September 2020, according to onlooking SSA bankers. Elsewhere in the dollar SSA market, Inter-American Development and NRW.Bank mandated banks for floating rate notes.

  • 16 Oct 2018