Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Record sized sterling deal for an Australian bank ◆ Achieves pricing inside equivalent euro level, lead says ◆ Follows record earnings
◆ Deal follows same structure as SEB's Monday trade ◆ Market conditions made for 'easy' go/no-go decision ◆ Low new issue premium
◆ Capital trade attracts investors for juicy return in tight market ◆ Slightly longer 11NC6 structure chosen for triple digit spread and 4%-plus yield ◆ Deal cleared at low single digit concession
Siena deal is backed by a $1.5bn portfolio
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Six US banks and a UK Yankee push weekly FIG supply to $33bn
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High borrowing costs, market volatility and lower investor demand push back timing of subordinated issuance
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Banks have need and desire for funding in non-core markets
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Bank of England believes UK banks can weather the coming storm
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French bank reaps benefits of having strong following in the Japanese market
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The insurer's own curve will not help bankers price a new bond