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Less EU issuance and earlier front-loading from others could leave investors fighting for primary bonds come autumn

◆ Its pipes leak but does Thames Water’s debt structure hold water? ◆ How the EU’s funding for H2 impacts the SSA market ◆ LatAm issuers like London buses but not for the obvious reason

Paying up is hard to do, but it is sometimes worth the pain to ensure funding certainty

Green investors cannot stick to green bonds

The sovereign issuer’s track record of resilience in the face of market shocks suggest the country’s most recent round of problems is unlikely to be too impactful

The invasion of Ukraine showed almost nothing is off the cards in Putin's Russia

◆ A dicey moment for bank bonds ◆ Unibail shops for hybrid solution ◆ Vibes from this year's 'Euromoney' ◆ The ESM's new MD speaks to GlobalCapital

Tom Wipf stands down after four years leading introduction of Sofr

Pulling a deal is never an easy decision, but it can be the best one

7th ICO Sustainable Bond Forum has been inaugurated by the Director General of the Treasury and Financial Policy, Álvaro López Barceló, and by the Chairman of ICO, José Carlos García de Quevedo.The Deputy Governor of the Bank of Spain, Margarita Delgado, has been closed this seventh edition.Instituto de Crédito Oficial has organised the conference in collaboration with BBVA, Crédit Agricole, HSBC, ING and Santander. Throughout the years, it has become a reference space to assess the evolution of the green, social and sustainable bond markets.ICO maintains its leadership as an issuer of sustainable bonds after accumulating a total of 14 issues (9 social bond issues and 5 green bond issues) for a total amount of 7 bn euros.These issuances are part of ICO's strategy to contribute to the growth of the sustainable bond market and ensure the channelling of funds to finance projects linked to sustainability from a social and environmental point of view, in line with the Government's Recovery, Transformation and Resilience Plan.The Director General of the Treasury and Financial Policy, Álvaro López, and the Chairman of the Instituto de Crédito Oficial (ICO), José Carlos García de Quevedo, have inaugurated, Thursday, June 8, ICO Sustainable Bond Forum, which reaches its seventh edition this year. The Deputy Governor of the Bank of Spain, Margarita Delgado, has closed the event.

GlobalCapital hosted the 2023 Bond Awards on Wednesday night, gathering together the market’s best and brightest across treasury teams, investment banks, investors, rating agencies, law firms and tech providers.

Consumers face pressures but tighter lending standards and strong track records are reassuring investors in ABS sectors offering apparently compelling returns. By Ayse Kelce