Issues
-
Bank completes more than half its annual funding before first quarter blackout -
◆ First new line from SSA to print negative over swaps in 2026 ◆ New issue premium debated ◆ 'Too short' for some investors
-
◆ Largest coverage ratio for almost three months ◆ Priced flat to fair value ◆ Slow pipeline predicted for rest of week
-
Funding director Jason Lewis and portfolio manager Greg Horan reflect on biggest ever Canadian provincial bond
-
Strong bid for euro corporate bonds has allowed issuers to squeeze pricing tight
-
-
The bank is offering over 100bp of premium to the Kazakh sovereign
-
The bank is the largest in the country and a close proxy for investors to the government
-
◆ 12 year tranche is longest euro trade in weeks ◆ Issuer goes for price then size ◆ Some concession needed for dual trancher
-
Crédit Agricole CIB's head of covered bond and SSA research expects premiums to stay at current levels
-
The subordinated debt premium was smaller than that offered by some other EM hybrid issuers
-
Bot claims funding is ‘cheaper than peers who borrow from independent banks or credit funds’
