Top section
Top section
ICBC prints multi-currency 'safe haven' deal, yet limited read-across for European markets
Market participants agree new issue premiums will go up when the Iran war ends, but not by how much
Net impact on net earnings expected to be less than $20m
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
-
◆ French bank raises ¥167bn thanks to loyal investors ◆ Its regular visits in the Japanese market are rewarded ◆ Cross-border yen issuance resilient in the face of rates volatility -
◆ UK life insurer doesn't fully cover €500m seven year note ◆ Syndicate struggles to tighten as demand falls short ◆ Volatility and lack of name recognition blamed
-
◆ Investors support deal after physical roadshow ◆ Pricing within expectations, with around 10bp pick-up to other German banks and 'max' 10bp NIP
-
The deal attracted half the demand of compatriot issuer's, but was priced far tighter
-
The wide starting spread suggested a great deal of price discovery
-
The embattled UK High Street lender has confirmed it is exploring fundraising options
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