Top section
Top section
◆ Views vary on new issue premium ◆ Sterling market revived this week ◆ AT1 flurry extends
Insurers and asset managers drive long dated revival
Asset class war breaks out as FIG market complains Reverse Yankees are stealing investors away from their deals
The potential for further Trump-induced volatility leaves issuers saving covered bonds for even rainier days
Demand buoyed by money market fund inflows as investors 'park cash'
Favourable factors support long dated issuance in both senior and covered bonds despite the divergent fates of issuers in the two markets
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
◆ Bund-swap spread hits single digits ◆ Tight levels put pressure on Pfandbrief spreads ◆ Further 'expensive' covered supply unlikely -
Japanese bank goes ahead of peers by merging bank and securities firm in EMEA
-
Streak of high-yielding FIG credit attracting ample demand has been broken
-
◆ Low redemptions led to lower supply in 2024 ◆ Canadian banks could return to refi ◆ Dollar supply to more than double in 2025
-
◆ Deal meets investor resistance despite higher yield ◆ Offers 'attractive yield' but book drops to just above €750m issue size ◆ German bank to refi early only Landesbank AT1 via tender
-
◆ Follows similar attrition Mediobanca experienced on Monday ◆ Rival bankers give mixed assessment ◆ Jyske Bank senior offering holds up better
Polls and awards
The awards recognise the market's leading deals, issuers, banks and other participants
The winning institutions and individuals will be announced at a ceremony in London on June 18
The vote to choose the leading firms and individuals in the international debt capital markets has begun
The covered bond market gathered in Porto to celebrate its standout deals, institutions and individuals
Sub-sections
Comment