Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
With masses to fund and spreads super-tight, banks will race to market, but central banks are expected to tighten
US bank eyes one of the tightest US preferred resets as BBVA goes for subordinated, senior combo
◆ 'Real money' order book supports €1bn size ◆ 'Not much' delta between Nordic names, lead says ◆ Up to 5bp of concession
◆ Small premium left for investors ◆ Final yield close to 4% 'inflection point' ◆ Rabo adds to senior green rush
More articles/Ad
More articles/Ad
More articles
-
Deutsche Bank attracted a healthy €3.25bn order book on Monday for the first German senior trade under a revised German Banking Act, as fears began to rise about the potential terms of the UK’s exit from the European Union. -
BPCE was looking to launch the first ever non-preferred senior bond in the Samurai market this week, as European banks aim to broaden the range of debt securities they offer to yen investors.
-
Rather than waiting for the final go-ahead from the authorities, European banks are becoming creative with their bonds in order to bring total loss-absorbing capacity (TLAC) issuance.
-
Santander has added its name to the list of European banks issuing senior non-preferred bonds this week, even though Spanish law cannot yet accommodate the new asset class.
-
Bank of Cyprus raised £250m in its first new-style tier two transaction on Thursday, showing the market was ready to receive further capital trades before blackouts set in.
-
Taikang Insurance Group had no problem finding demand for its debut, gathering $2.4bn worth of orders at its peak for a $800m bond on Wednesday. The deal is only the second from a Chinese name and the first from a financial credit in Asia ex-Japan in the New Year.
