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Chancellor’s yearning to kickstart the economy has a natural ally
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Emerging market governments have to placate the markets and their citizens
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◆ Insurers a tad more interested in securitization ◆ CLO league tables ◆ Election excitement
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Hung parliament seen as best outcome for bond issuers, even if swing to left was unexpected
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Sponsored by Lloyds BankIssuers need to look to the future with clearly defined objectives and remain agile.
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◆ UK ousts Tories from power... ◆ ... setting up final round of French elections as only bar to primary market revival ◆ EM debt restructurings: balancing what creditors demand with what voters need
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UK bank spreads calm and Gilt yields stable but all eyes turn to less predictable French elections
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As Deutsche Bank showed this week, the long tenor trade is still on
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The next six months of 2024 are shaping up to be more like a three week window
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IPO after IPO fails in Europe, though equity capital markets in general work well. Look at the flotation process: it’s no surprise it malfunctions
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As supply becomes scarcer, it will be easier for companies to sell dirty debt as green
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◆ Natixis’s sometimes requited love affair with elite M&A bankers ◆ What the French election could to ESG, and to the bank bond market