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
-
Investors showed healthy interest in a dual-tranche offering from Mizuho Financial Group on Wednesday, with the bank making only its second ever entry into the public euro bond market. -
Bondholders involved in the resolution of Banco Popular have turned their attention towards US courts in an effort to extract further information from Santander, the bank’s new owner.
-
A year after selling a $3.1bn-equivalent four-currency, six-tranche Belt and Road blockbuster, Bank of China is making a comeback with another Reg S only bond to support the initiative.
-
The Portuguese state and its other lenders remain exposed to Novo Banco’s losses, even after the bank's sale. Investors might complain about their own losses, but the real scandal is the public money that's still pouring into the country's banks.
-
FIG bankers expect that primary market activity could be busy in early April, as borrowers look to navigate around blackout periods and public holidays later in the second quarter.
-
Debt bankers in Hong Kong were back after a four-day Easter break on Tuesday to some disappointing issuance numbers from the first quarter of the year. But with a decent pipeline of deals, they are keeping their fingers crossed for a pick-up in activity.
