Top section
Top section
The bank is the largest in the country and a close proxy for investors to the government
Key points of contention include the investor sanctions regime and the definition of 'resilience'
◆ Largest coverage ratio for almost three months ◆ Priced flat to fair value ◆ Slow pipeline predicted for rest of week
Data
Growing pipeline and fiercer competition had threatened to shake the darling bonds of May
Uncertainty in Middle East peace negotiations may reignite alarm, but investors remain willing as long as issuers pay to play
Tweaks to trading book rules will be next stage of competition
Come May, current dollar market's gain may turn into euro pipeline's pain
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
Investment banking travel was a relentless grind, not gold card access to global glamour
-
LatAm agency brings second digital bond this year in the currency
-
UK lender prices tightest deal for a year, reversing spread widening
-
French bank scoops top spot overall, while BNP Paribas leads in senior and Crédit Agricole in capital
-
Strong demand and tight spreads has propelled volumes past January records
-
Specialist investors and strong names dominate as issuers stretch out to 15 years
Polls and awards
Don't miss your chance to choose this year's Bond Award winners
The covered bond market gathered in Seville to celebrate its standout deals, institutions and individuals
Last chance to vote for the best winning deals, individuals and organisations in the covered bond market
The leading banks, issuers, individuals and other market players were named at GlobalCapital's flagship industry dinner in London
Sub-sections
Comment