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
-
Bank of America Corp is preparing to extend international banks’ golden run in the Samurai market next week. It will follow a four tranche trade Lloyds deal that was priced this week — and which may be the last European name to print until volatility subsides.
-
The spectre of haircuts for senior creditors in Irish banks reappeared this week, leaving those in the market split over whether politicians’ comments on the subject were worrying or unrealistic.
-
Confusion surrounding the debt situation of Irish banks and the Greek sovereign kept the doors to the senior unsecured bond market for financial institutions firmly shut on Thursday.
-
Renewed talk by the Irish finance minister of burden sharing for senior creditors in Anglo Irish Bank and Irish Nationwide Building Society was to be expected but remained unlikely given ECB opposition, observers told EuroWeek.
-
Kommunalkredit Austria has mandated Barclays Capital, DZ Bank, Raiffeisen Bank International and UniCredit for a roadshow ahead of a possible senior unsecured deal. But market sentiment was still negative on Wednesday morning, and there were no launched deals to be seen.
-
Westpac Banking Corp approached investors with a A$1bn ($1.06bn) residential mortgage-backed securitisation on Tuesday. The bank has adopted the same structure it used for a successful deal earlier this year.