Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
French banks lead the charge in euros with tighter than average NIPs
First public Spanish consumer ABS since September
Senior, capital issuance expected on Tuesday, after impact of historic precious metals sell-off is assessed
Domivest’s Dutch BTL trade has provided a benchmark for Citi
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◆ Spanish litmus test for appetite after CS corrosion ◆ Pricing differed, books less so
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◆ Secondary rally shows appetite for risk ◆ Issuers target quick intra-day execution before CPI ◆ HSBC starts by luring Asian demand
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◆ Strong market supports AT1 return ◆ Lower funding, dedicated investors likely behind the infrequent issuer ◆ Will it be a true market reopener?
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◆ Holdco senior issuance is more common in the US ◆ European novelty meant longer lead time ◆ Investors liked it and bought more
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With spreads near year's tightest, banks may step up unsecured funding but investors may not be keen on low spread products
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◆ Spanish firm goes for price over size ◆ Slim 10bp concession needed to seal the deal ◆ Book builds appearing slower as the week progresses