Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Like many senior sukuk from the Gulf, local investors will drive demand
◆ Weaker backdrop for FIG issuance ◆ Deal printed with a negligible spread above previous, shorter bond ◆ Nearly triple digit spread lures investors
◆ Rising investor sensitivity due to tight unsecured FIG spreads ◆ Deal centred around real money orders after hitting €4.5bn peak book ◆ Hardly any concession left on shorter tranche, minimal on longer one
Despite the boost in demand, overall unsecured supply still lags behind 2025, with the bulk of recent supply coming in covered bonds
More articles/Ad
More articles/Ad
More articles
-
The Danish Financial Supervisory Authority has increased Danske Bank’s capital requirements for a second time following an investigation into money laundering through its branch in Estonia. The scandal-stricken lender said on Thursday that it was ending its share buy-back programme to comply with the new targets. -
Banque Fédérative du Crédit Mutuel and Société Générale were both selling multi-tranche senior deals in the yen market this week, as the volume of Samurai bond issuance in 2018 surged past last year’s full year total.
-
MetLife chose to come to market with a bulldog bond on Tuesday, looking to sell funding agreement-backed securities (FABS). It became the issuer’s smallest sterling trade since 2006 with a barely subscribed book.
-
Commerzbank is getting ready to sell its first green bonds, using the non-preferred senior format as a way of providing funding for renewable energy projects.
-
Société Générale became the first foreign bank to sell a Taiwanese dollar-denominated green bond on Tuesday, giving a fillip to the island state’s nascent green market.
-
Italy’s announcement that it plans to overshoot the European Commission’s budget deficit limit has spooked markets at a crucial time for the country’s banks.
