Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Higher new issue premiums make deals shine amid market volatility
Citigroup and Wells Fargo hit positive post-Fed market with a $18bn salvo
◆ French bank secures 'surprising' demand... ◆... giving the option to go big ahead of national budget ◆ Concessions debated, but higher premium and spreads lure buyers
◆ Best window of the week, lead says ◆ Less concession than other recent deals ◆ Danske "pretty much done" for 2026 funding plan
More articles/Ad
More articles/Ad
More articles
-
Carrefour Banque’s three year was trading as much as 55bp tighter in secondary on Wednesday morning, amid a quiet market that bankers say is now considering the chances of further tightening to be greater than the likelihood of conditions deteriorating.
-
Syndicate Bank and IDBI Bank are keeping up the steady supply of Indian deals in the international bond market this week, encouraged by the heavy demand for Asian debt and the narrowing of the spreads in the secondary market.
-
ICICI Bank raised Rmb500m ($79m) from its first public deal in the offshore renminbi market last week, finding eight times the demand it needed. The deal was a perfect example of the arbitrage available for the right borrower in the dim sum market: the Indian bank priced well inside its dollar curve.
-
Carrefour Banque launched a three year euro senior benchmark on Tuesday morning, having squeezed the final price in by 20bp from initial price thoughts. The French issuer had the euro market to itself, as bankers said September event risk had emptied the pipeline.
-
Lloyds TSB and its subsidiary Bank of Scotland (BoS) launched tender offers targeting £19.4bn-equivalent of securities in a range of currencies on Tuesday, following buybacks from UK peers Barclays and Royal Bank of Scotland last week.
-
Trade and Development Bank of Mongolia (TDB) returned to the market with a $300m deal last week, taking advantage of a huge increase in sentiment to sell a Mongolian bank credit to investors that turned their backs on two such deals earlier this year.