Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Deal followed HSBC's €3.75bn three part deal... ◆ ... and paid less NIP, tackling shorter end of curve ◆ Book grew after price revision
◆ First euro funding in almost a decade ◆ Part of early refi of its last euro bond ◆ Rarity makes it a trickier sale during heightened market volatility
◆ Landesbank increases senior market presence ◆ Slower demand due to limited familiarity beyond Germany-speaking investors ◆ Similar execution to other recent 'rich' SP bonds
◆ Fixed rate tranches leave double-digit concessions to attract hefty book ◆ Favourable cost to dollars ◆ HSBC surpasses 2026 holdco funding plan
More articles/Ad
More articles/Ad
More articles
-
EU leaders finally reached an agreement on bail-in rules on Thursday, laying the ground for a pan-European framework for forcing losses on to the shareholders and creditors of failed or failing banks, writes Will Caiger-Smith. However, the accord gives national regulators wide discretion over how to apply these losses, making it difficult to judge the risks of investing in senior unsecured bank paper.
-
Banco de Chile tapped the Swiss franc market for the second time this month on Thursday afternoon, issuing a four year bond. The issuer returned quickly to Swiss francs in response to reverse enquiries from investors that missed out on the three year floater Banco de Chile sold at the start of June.
-
European leaders finally reached an agreement on bail-in rules on Thursday, laying the groundwork for how regulators will force losses upon the shareholders and creditors of failed or failing banks. But the accord gives national regulators a large amount of discretion in how to apply these losses, which market participants say makes it difficult to quantify the risks of senior unsecured bank paper. -
Svenska Handelsbanken joined the European surge into yen funding on Thursday when it priced its tightest ever Samurai deal.
-
FIG borrowers are holding back on placing new deals into an uncertain backdrop, but dealflow picked up in other sectors on Wednesday, which according to some syndicators may act as a precursor for bank issuance.
-
Senior unsecured bank bonds have continued to drift wider this week. Institutional investors are staying on the sidelines rather than buying into a market that may still fall further and spoil their half year numbers. Fast money is behind the widening, said bankers.
