Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Gulf AT1 issuance is much higher than last year, tiring out investors
◆ Italian lender achieves tight spread, pays 'generous' concession ◆ But book building deemed slower ◆ Some tier two fatigue creeps into market
Banker had been at NatWest for three years
This is its first ABS deal since November 2023
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Debut issues, esoteric collateral and full cap stacks are dominating
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Together had success in pricing its non-conforming RMBS
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Both trades offer investors full cap stacks
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The finance provider is marketing its eighth insurance premium-backed ABS
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◆ Investors eye high beta names ◆ Possible negative premium paid ◆ Fair value debated
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Nua Money brings debut Irish prime RMBS