Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ RBC makes fourth visit to euro senior market in 2025 ◆ Fast money sensitive to tightening ◆ Bail-in value vs other jurisdictions evaluated
Market participants struggle to justify FIG and corporate bond parade as technicals power primary
◆ 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
◆ Yankee banks top up regulatory capital ◆ Brown & Brown fund $10bn acquisition ◆ Investors hunt for yield
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◆ FRN concessions have jumped as much as 30bp ◆ Bankers question if European banks need to pay similar NIPs ◆ Euros could offer 'steadier market' for US banks
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Duration on the cards for senior funders, with covered bonds set to skew short
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More than $30bn raised as banks turn to primary market after quarterly earnings announced
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◆ Bankers debate new issue premiums ◆ Basis less favourable for reverse Yankees after US jitters ◆ European national champion still awaited
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◆ National champion expected to reopen market ◆ Investors could prove 'selective' ◆ Premiums to factor in higher transaction costs
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Syndicators do not expect an easy ride but are hopeful inflows remain supportive