Top section
Top section
◆ Popular deal offers premium to euros ◆ Foreign senior bank supply jumps to £1.25bn in two trading days ◆ More capital issuance to follow
◆ Two insurers announce capital deal mandates◆ Bermuda tier one offers unique reset structure ◆ Bupa opts for sterling tier two
A $300m replacement size is needed, but the issuer may go slightly larger
ESG deals show there is more to labels than just saving on spread
Issuers' desire to put covered pre-funding to one side suggests concerns over bumps ahead
The next leg of the spread convergence between eurozone periphery and core FIG issuers could come from the east or south
As the latest senior issuance sets new low in FIG euro spreads and call premiums evaporate at the long end, questions are being asked — how low is too low?
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
◆ Issuer plans regular euro presence ◆ Deal comes flat to Swedish krona ◆ Five years appeals to the deepest pocket of investors
-
The leading banks, issuers, individuals and other market players were named at GlobalCapital's flagship industry dinner in London
-
◆ Spanish bank prints senior bond duo with no new issue premium ◆ Ten year tranche may have had negative concession ◆ FRNs remain popular, in public and private forms
-
◆ Investors eager to buy capital from big and smaller banks ◆ Bankinter places largest AT1 at reset under 400bp ◆ Much smaller Optima bank from Greece also debuts
-
◆ Deal is Achmea's second in five weeks ◆ Investors eager to pick up no-grow deal ◆ Small premium left for performance
-
◆ Trade is Polish bank's first in euros for three years ◆ Proceeds to fund upcoming maturity ◆ Periphery and non-eurozone deals used for pricing
Polls and awards
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 winning deals and organisations will be revealed at our gala dinner in Seville on September 18
The awards recognise the market's leading deals, issuers, banks and other participants
Sub-sections
Comment