Issues

Sovereign, supranational and agency issuers made an early start to what promised to be a treacherous 2023 in the primary bond market. They will have been glad they front-loaded, as the year more than delivered on that promise. Rates volatility and rising inflation dictated when issuers could find a window to bring a deal and quantitative tightening, war and a banking crisis have left issuers needing to pay even more care to how they approach 2024.

Rally in corporate credit shows no sign of abating as central banks meet

Company considers quitting bond market as it contends with investors’ CEE and real estate disfavour and Muddy Waters claims

Discount retailer’s revenues have grown amid UK cost of living crisis

The transparency, traceability, and accountability benefits of the technology have the potential to transform the sector

◆ ECB repayments to influence banks’ covered and SP issuance ◆ But TLTRO repayments less important than this year ◆ Large pre-funding could mean lighter January supply

First of the bloc’s six syndications set for January 22

South Africa's leading bank signals strong commitment to ESG

Many of the region’s states that have market access feel little need to issue new bonds

Regular Swiss issuer reopens two covered bonds in last sale of 2023

Fund manager to co-head Sfr2.5bn convertible bond portfolio across the risk spectrum

Huge demand for listings in the Middle East in stark contrast to the rest of the world