Europe
-
Borrowers push hard against mid-swaps amid chunky Bund spreads
-
Rouble option could prevent CDS trigger
-
Ukraine paid a bond coupon on Tuesday but Russia is taking steps to stop repaying foreign investors
-
Smaller issuers may need to wait until a highly rated national champion reopens the market and sheds much needed light on pricing
-
Non-deal meetings give investors a chance to grill newest SSA issuer
-
More expected as eye-popping Bund spread lets issuers push deep through mid-swaps
-
Price rises have been particularly acute in fixed income markets
-
Market would bear no grudge if Ukraine decided to withhold upcoming coupon payment
-
Despite wild rates volatility, secondary SSA and covered bond flows have been orderly
-
Sovereign cruises through difficult week in the markets
-
Russia’s invasion of Ukraine has ended a rally in European banking stocks
-
A moratorium on debt payments would hurt Western lenders and investors but also Russia's long term market reputation