Top section
Top section
◆ US asset manager is a rare name in the bond market ◆ Sterling leg comes alongside triple tranche dollar deal ◆ £9.9bn Schroders acquisition to close in the fourth quarter
◆ UK building society actively funding across markets and formats in the past four months ◆ Strategic sterling capital deal proactively manages AT1 stack ahead of call ◆ Senior non-preferred euro bond becomes joint tightest UK bank bond at the tenor since 2021
Data
The slide in French government bonds this week raises concerns for the country's banks and companies
Higher new issue premiums make deals shine amid market volatility
Conducive credit markets and tight spreads to lure issuers as risks loom on the horizon
Contrasting investor receptions in euro and sterling markets but new issue premiums rise in both
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
Sam Woods, chief executive of the UK’s Prudential Regulation Authority, has said that banks and insurers should lose preferred capital treatment for EU exposures in the event of a no-deal Brexit. But in that situation the regulator would not be likely to force the change on firms straight away. -
Rabobank, Sparebank 1 Boligkreditt and Société Générale issued most highly rated deals this January and BNP Paribas has, on average, worked on the most highly rated deals so far this year according to GlobalCapital's BondMarker.
-
Argenta Spaarbank wasted little time in the process of selling its first senior unsecured bond on Wednesday, as the Belgian bank rode a strong tone in the euro market to raise €500m of funding.
-
The covered bond market looked well supported on Wednesday as Sparebank Soer Boligkreditt issued the most highly oversubscribed deal of the year, which was priced flat to its curve. With all new issues tightening bankers are hopeful that Italian and Greek supply could soon follow.
-
Additional tier ones issued by Banco Santander plunged in value on Wednesday, after the Spanish financial institution reiterated that it would only redeem capital securities at their first call dates if it was cost efficient to do so.
-
Are Asian investors ready to embrace duration again? Oil India and Siam Commercial Bank (SCB) proved there is clear demand, rolling out a pair of 10 year bonds on Tuesday. SCB also added a five year tranche.
Polls and awards
Cast your vote now to decide this year's covered bond award winners and express your views in our new market survey
Bond market's leading performers recognised at GlobalCapital's annual awards ceremony
The awards recognise the market's leading deals, issuers, banks and other participants
The winning institutions and individuals will be revealed at the awards dinner on June 17 in London
Sub-sections
Comment