Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Contrasting investor receptions in euro and sterling markets but new issue premiums rise in both
◆ Lender joins lively sterling FIG market ◆ Deal said to be three times covered ◆ HSBC also about to price three-part Samurai
Non-US banks continue dollar funding ahead of congested post-Labor Day market
◆ Swiss bank lifts nearly €3bn-equivalent ◆ Long euro tranche lures large demand ◆ Both tranches pay visible premium in 'pragmatic' funding approach
More articles/Ad
More articles/Ad
More articles
-
FIG issuance could take a dip in the middle of the week because of potentially market moving events in the US and the Netherlands, though two insurance firms look set to keep primary market investors supplied. -
BNP Paribas is blazing a trail by selling non-preferred senior bonds in non-core currencies, as a broadening circle of investors show their interest in total loss absorbing capacity (TLAC) product from European banks. With more liquid points outstanding, the way could be open for more financial institutions to follow.
-
International borrowers made good use of sterling this week, finding value in the market despite risks around the UK budget and the government's intention to trigger Article 50 later in the month.
-
Nykredit Realkredit found weaker conditions on its return to the senior resolution note format on Thursday, having recently updated its issuance programme to make sure the bonds will become "non-preferred" senior if Denmark changes its insolvency law.
-
Malaysia’s CIMB Bank sealed a $1bn dual tranche deal on Wednesday, enticing investors with its rarity and a floating rate option, against a strained market backdrop ahead of the US Federal Reserve meeting.
-
If it cannot find a buyer, the UK’s capital-strapped Co-operative Bank is considering raising fresh share capital and swapping any of its senior or subordinated bonds into equity. The firm also announced plans for a tier two sale in 2018 should the recapitalisation prove successful.
