Top section
Top section
Market participants debate 300bp 'soft barrier' for AT1 resets as banks probe ever-improving cost of capital
◆ French bank has had a busy 2026, issuing across currencies and asset classes◆ Cross-currency rates at 'optimal level' for diversification play, lead manager said ◆ Fair value debated
Very few, if any, Gulf issuers are looking at sterling bonds
Data
Favourable market conditions have made raising debt like 'fishing with dynamite' for bank issuers. But concerns are mounting about volatility ahead
French bank scoops top spot overall, while BNP Paribas leads in senior and Crédit Agricole in capital
Late-week surge shows investors remain hungry for paper despite macro volatility
Classic January new issue volumes as barely there premiums come into vogue but US banks threaten to crowd out Europeans
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
◆ Deal takes size despite lower line availability ◆ Premium paid over comparable bonds ◆ Benchmark SpaBol’s second deal of 2024 -
◆ Next to no premium needed for capped sale ◆ Demand holds firm despite price tightening ◆ Popular deal broadens investor base
-
◆ Market open to all ranks of borrowers ◆ ING gathers €2.75bn funding at 5bp NIP ◆ Cajamar shows smaller borrowers can print flat to FV
-
◆ Lower tier issuer to offer subordinated paper after major FIG issuers print ◆ Aims to increase capital with a second deal this year ◆ Allianz aims for broad demand with dollar tier two
-
BNP Paribas has appointed a new head of corporate broking while the co-head of Deutsche Numis’s London-based financial institutions group has stepped down amid a series of top level moves in UK investment banking
-
◆ Why benchmark issuance has resumed earlier than usual ◆ What lies ahead for capital markets ◆ African issuers switch out of loans to bonds
Polls and awards
The covered bond market gathered in Seville to celebrate its standout deals, institutions and individuals
Last chance to vote for the best winning deals, individuals and organisations in the covered bond market
The leading banks, issuers, individuals and other market players were named at GlobalCapital's flagship industry dinner in London
The winning deals and organisations will be revealed at our gala dinner in Seville on September 18
Sub-sections
Comment