Top section
Top section
Don't miss your chance to choose this year's Bond Award winners
Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds
Bank completes more than half its annual funding before first quarter blackout
Data
Growing pipeline and fiercer competition had threatened to shake the darling bonds of May
Uncertainty in Middle East peace negotiations may reignite alarm, but investors remain willing as long as issuers pay to play
Tweaks to trading book rules will be next stage of competition
Come May, current dollar market's gain may turn into euro pipeline's pain
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
Two infrequent names ventured into the euro market to print debut deals in subordinated formats on Wednesday. Italy's Ilimity bank raised €200m with its first tier two, while French insurer Groupama scooped €500m with its inaugural tier three bond. -
Macquarie announced the mandate on Wednesday for its first group level Swiss franc bond, to be sold in the coming days.
-
South Korea's Mirae Asset Securities raised $300m from its green bond on Tuesday.
-
Bank of Communications Hong Kong has sold its first Basel-III compliant tier two bond. The deal was four times subscribed at its peak.
-
Following the pricing of Tuesday’s deal from the European Union, bank traders reported good profit taking in covered bonds, Laender paper and, most conspicuously the previous issue of EU bonds. Despite that, spreads were steady.
-
Finely tuned pricing was the order of the primary market last week, with a drop in volatility leading to a decline in average movements from initial price thoughts. But despite the VIX falling to its lowest level since February 2020, there were still signs of price sensitivity — and average new issue concessions grew in the most affected markets.
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