Europe
-
China plans to turn Hainan into its latest trade laboratory, the International Monetary Fund (IMF) warns countries joining the Belt and Road Initiative against accumulating excessive debt, and the securities watchdog says it will allow international participants to trade onshore iron ore futures by early May.
-
Covered bond primary volume is expected to slow from the exceptionally busy period seen over the last two weeks, though a number of issuers are still monitoring conditions. In the meantime, market participants will be heading to Vancouver for the European Covered Bond Council’s plenary meeting and Euromoney Conference’s North America Covered Bond Forum.
-
The London Stock Exchange Group has appointed David Schwimmer, a former Goldman Sachs banker, as CEO of the company.
-
Phoenix Group Holdings has picked banks to arrange the sale of restricted tier one (RT1) notes ahead of its £3.24bn acquisition of Standard Life.
-
Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.
-
Royal London Asset Management was the sole investor in £30m of bonds issued by the Church of England Pensions Board in early April.
-
With little clarity on the full scope of the new round of sanctions on Russia from the US Office of Foreign Assets Control’s (OFAC), service providers have been quick to cut ties with the seven sanctioned oligarchs and their related entities for risk of violating new rules on facilitating business with designated individuals or entities.
-
-
-
-
-
The European Investment Bank is preparing a new product: Sustainability Bonds, which will complement its Climate Awareness Bonds.