Top section
Top section
HSBC and SEB opt for senior funding in dollars as Deutsche Bank turns to renminbi
◆ Over €5bn in Reverse Yankees placed on Thursday ◆ More IG corporate bonds to follow, including potential Friday deals ◆ Volatility makes spotting new issue premiums tricky
Most European lenders have limited exposure to the region, but analysts say energy shocks are the bigger risk for bank credit
Data
Bank issuance expected to resume next week in euros after corporates, dollar market lead
Shrinking spreads between the two asset classes have left investors asking if the risk of senior debt is worth it
Nykredit blasts through 300bp barrier, pushing investors up the capital stack
Market participants debate 300bp 'soft barrier' for AT1 resets as banks probe ever-improving cost of capital
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
Bank analysts agree that Bund ASWs will tighten in 2024 -
Regular Swiss issuer reopens two covered bonds in last sale of 2023
-
◆ End of year slow down exacerbated by caution ahead of major central bank decisions ◆ Sentiment stays strong albeit some dents after strong US economic data forces changes in rate cut expectations ◆ European banks send RFPs for January issuance
-
EU Parliament and Council have reached a provisional agreement on EPBD but 'devil is in the details'
-
Regular issuer targets lower size and lands inside last trade from Pfandbriefbank
-
Bank spreads are trading very tightly, but are priced for perfection. Any jolt to interest rate expectations will spoil the party
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