Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Stability leads to third day of FIG sterling issuance ◆ Rabo prints its first tier two four years ◆ BBVA completes first sterling senior bond since 2020
◆ Receptive but crowded FIG market requires concessions for funding to clear ◆ BBVA goes big with its first SP in more than two years ◆ Bawag issues first bond after PTSB acquisition
Bank issuance ranges from strategic tier one capital to insurance subsidiary funding externalisation and big senior bond offerings
◆ Issuer's joint-tightest spread since 2020 ◆ Constructive backdrop helped execution, says lead ◆ Busy primary market expected on Tuesday
More articles/Ad
More articles/Ad
More articles
-
A resolution to the US debt ceiling talks and strong data releases could pave the way to the financial institutions bond market re-opening next week — but the remainder of the year is likely to be much quieter than the first half, according to market participants.
-
Some bank issuers are looking at their possibilities to tap wholesale markets, but syndicate bankers are sceptical that conditions will stabilise sufficiently this week for senior unsecured to re-open.
-
Santander Consumer Finance has extended the deadline to participate in its sub for senior exchange by one day, to allow Dutch investors to participate.
-
While some FIG syndicators are bullish about the prospects of senior issuance this week, saying that borrowers were watching the market, others are less optimistic, saying there is no chance a senior deal could get away this week.
-
Rabobank’s Australian branch managed to snatch a window of improved sentiment and reverse enquiries to price a sizeable A$800m ($858.8m) new five year FRN on Wednesday. The deal came after a quiet week in the Australian dollar market due to fears over eurozone and US debt.
-
Sentiment in the senior unsecured FIG market bounced back on Thursday, as Europe’s finance ministers inched closer towards an agreement on a Greek rescue package.