Germany
-
Rentenbank defied fears over the possibility that the United Kingdom will leave the European Union, printing a sterling May 2021 on Wednesday. -
Senior bankers in the public sector bond market fear a combination of political events are about to wreak havoc with borrowers' debt raising plans. Ben Jaglom reports.
-
LBBW, OP Mortgage Bank and Mortgage Bank of Finland took little time to sell their benchmark euro deals this week.
-
Italy’s scramble to prop up its weaker banks has halted what had been a strengthening rally in periphery bank debt last month, with the most recent deals all widening this week.
-
TriOptima, the over-the-counter post trade service provider, has completed its first compression cycle with Eurex Clearing members for euro-denominated interest rate swaps.
-
Agence France Locale (AFL), awarded a mandate on Wednesday for a benchmark bond as bankers said that regardless of the tough backdrop in equities the SSA market remains in rude health.
-
Rentenbank printed a May 2021 sterling deal on Wednesday as bankers said that receding fears over the possibility of a British exit from the European Union were driving confidence in sterling.
-
The world’s largest salt producer, K+S AG, has signed its first Schuldschein, a €600m deal.
-
Deutsche Bank will begin a roadshow next week for a euro denominated tier two transaction, with uncertainty remaining over European authorities’ fondness for additional tier one as regulatory capital.
-
A flurry of public sector issuers have taken the market by surprise in a week many expected would see issuance sapped by a combination of international holidays.
-
KommuneKredit and the State of North Rhine-Westphalia (Land NRW) joined NRW.Bank in lining euros deals on Tuesday in a week bankers had expected to be hobbled by holidays.
-
LBBW, OP Mortgage Bank and The Mortgage Bank of Finland took little time to sell their benchmark euro deals as, despite the relatively meagre yields on offer, the bonds offered a substantial spreads compared to negative yielding German government bonds.
