Gilt banks, investors give UK wide selection choice

Gilt investors and market makers have offered a broad range of views on the form that the UK’s next syndication should take during a meeting with the country’s Debt Management Office. The meeting was without Scotiabank, which last week quit as a Gilt-edged market maker (GEMM).

• 22 May 2018

KBN USD1bn 2.875% Jun 21

• 26 Apr 2018

Rising US yield tide lifts SSA boats at short end

A flattening and rising US Treasury yield curve may be sparking concerns of a slowdown for the US economy but it is having the opposite effect on the short end of the dollar market for public sector borrowers, writes Craig McGlashan.

• 26 Apr 2018

KBN goes flat to curve with short dollars

Kommunalbanken priced a three year dollar benchmark flat to its secondary market curve on Wednesday, picking up $1bn at a punchy spread.

• 25 Apr 2018

KBN preps ‘well priced’ dollar benchmark

Kommunalbanken has circulated initial price thoughts of 5bp area over mid-swaps for a no-grow $1bn three year benchmark, a level that bankers away from the trade said was 'well priced'.

• 24 Apr 2018

Power supply boosts dollar calendar as vol drops

The new issue US dollar bond market roared back to life as volatility dropped and corporates took advantage of favourable conditions with $17bn of supply coming from 19 borrowers.

• 01 Mar 2018

Daimler steers dollar supply back on course

Daimler led three corporate dollar issuers on Thursday as the market stabilised and high grade credits showed their resilience after a stop-start week.

• 15 Feb 2018

NAB USPP banker heads north

Scotiabank looks set to enter the US private placement market, after it hired an experienced banker from National Australia Bank.

• 25 Jan 2018

Shift underway in LBO financing, as buyers clamour for bonds

Leveraged loans have dominated leveraged buyout financing in recent months, but high yield bonds could be poised for a comeback, say European investors. Crown Holdings, the US can maker, added to early signs of optimism with its new €1.5bn cross-border bond offering this week, writes Victor Jimenez.

• 18 Jan 2018

Fed to spoil SSAs’ Xmas dollar feast

SSA bankers looking to get their Christmas shopping in early were in a state of shock on Tuesday, as the World Bank brought a dollar deal to follow the Province of New Brunswick’s return to the currency after a six year hiatus. But that could be it for 2017 as issuance is unlikely next week, which is bisected by a Federal Open Market Committee meeting.

• 07 Dec 2017