Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Larger-than-usual size ◆ Constructive Friday opening led to three well-received FIG trades ◆ ...of which Alpha may have paid the least NIP
◆ Unusually busy Friday for European bank funding ◆ Small premium, large demand ◆ Meanwhile 10 year OAT-Bund spread breaches 100bp
◆ Market participants await Meta's rumoured euro debut ◆ Carrefour sells first Friday corporate deal since June ◆ Three FIG names hit the market
Higher new issue premiums make deals shine amid market volatility
More articles/Ad
More articles/Ad
More articles
-
A short dated public deal and opportunistic private placements will be at the heart of Jyske Bank’s funding for the rest of the year, as a new joint funding agreement allows it to be flexible in its issuance.
-
Golomt Bank of Mongolia will start a roadshow this week to gauge demand for its first ever dollar bond, becoming the latest issuer from the country to eye a debut in the international debt market.
-
The senior unsecured market was more settled on Wednesday after rampant widening on Tuesday, but bankers continued to express concern over peripheral Europe. However, market participants looked ahead to results season in the hope that positive figures could counter the negative market tone.
-
Santander took a flexible approach to private placements in the first quarter of the year, becoming the largest issuer of euro medium term notes (MTNs) across all sectors when including self-led deals.
-
Dutch lender ING printed a ¥50.7bn two year senior unsecured deal on Tuesday morning, providing Japanese domestic investors with the first “pro-bond” — a new form of documentation intended to circumvent the heavy documentation requirements of the samurai market.
-
Banco Santander’s recent €1bn five year senior bond took another pummelling in secondary markets on Tuesday morning, as Spain’s government bond yields rose amid concerns around the country’s economy and the capability of its banks to cope with a downturn. The moves came as senior unsecured spreads weakened across the board, with banks in peripheral European countries particularly soft.