Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Deal is the tightest ever Greek AT1 ◆ Book peaked more than €5.5bn ◆ Market 'just ridiculous', says lead manager
◆ Final book tops $6bn ◆ Higher beta paper 'clearly in demand,' syndicate banker said ◆ NIP debated
French banks lead the charge in euros with tighter than average NIPs
More articles/Ad
More articles/Ad
More articles
-
Just Group is hoping to strengthen its capital position by issuing a debut green bond in tier two format this week, while also buying back some of its existing tier three notes. -
The European Banking Federation (EBF) has called on regulators to be more flexible in handing out minimum requirements for own funds and eligible liabilities (MREL) to newly merged businesses, as a way of encouraging consolidation.
-
Unbeatable funding conditions are drawing European banks away from their home currencies and into the dollar market. Deal arrangers predict there will be no let-up in the shift to dollars over the near term, reports Tyler Davies, as issuers prepare for an unsettling fourth quarter.
-
Caixabank’s attracted exceptionally strong demand for its additional tier one (AT1) transaction on Thursday, which was set to be priced flat to fair value. The deal suggested a clear vote of confidence in the credit, following its recent merger, and underscored investors’ unremitting search for bonds that offer a juicy yield.
-
Lloyds Banking Group asked permission from investors this week to change the reset rates on two of its additional tier one (AT1) securities so they bear reference to Sonia. The move is likely to kick off a trend in sterling and in dollars, as market participants prepare for the death of Libor.
-
Singapore’s DBS Bank ventured into the Kangaroo market on Wednesday in search of tier two debt. Though Australian dollar tier two volumes have remained stable year on year, there is a marked decline in offshore issuance so far in 2020.
