Issue 1542

Main

Leader

ABS trading: keeping it old school

Public Sector

News

BondMarker: Portugal battles it out with KfW for January honours

US yields go high, SSAs go low in curve

Kexim plots public dollars, prints Swissie

World Bank SDG bond marks SRI broadening

NRW shows long end euros open for core as Greece suffers from vol

Madrid scores with SRI bond, coaching others on tactics

Bond Comments

Greece EUR3bn 3.375% Feb 25

Madrid EUR1bn 1.773% Apr 28 sustainable bond

Land NRW EUR1bn 1.65% Feb 38

Covered Bonds

News

Jittery covered bond buyers set more conditional orders

ECB signals CPT covered bonds’ risk with greater repo haircuts

UOB considers debut sterling covered bond

Sør Boligkreditt reopens covereds after bout of volatility

Deutsche finds Pfandbrief solace as cold senior winds continue to swirl

Bond Comments

Financial Institutions

News

ANZ raises €750m as interest in sustainable bonds begins to grow

Sampo picks spot for 10 year in calmer market

UnipolSai eyes rare 10 year tier two

Monte: back to life, back to reality

Macquarie tees up euro return

Østlandet plans debut benchmark Eurobond after merger

Banks turn to Swiss market for opportunistic funds

Collateral rule puts German sub-senior in spotlight

Bond Comments

Securitization

CLO supply to improve, but risk retention ruling could dent European demand

Asset Backed Securities

Tax reform presents obstacle for residential PACE ABS

Purchasing Power makes ABS return

Blackstone CMBS defies ECB ban to price at tight end of talk

Natixis closes Amazon office securitization

Deutsche Bank to repay $3.7m to ‘misled’ CMBS customers

More debut issuers drawn to CRE CLOs for cheap funding

News

‘Unprecedented’ fund outflows as US high yield suffers

Residential MBS

Structured Credit

Derivatives

VIX trends lower after short volatility fallout

Equity-bond sell-off leads to more derivatives hedging

CFTC's Giancarlo plans European charm offensive on CCPs

Learning Curve: The merits of equally weighted portfolios

IOSCO trumpets its concerns on complex retail derivs

European authorities give cryptocurrency warning

Index skews sound reminder of credit interplay

Corporate Bonds

Juicy Beni Stabili premium may concern some issuers

News

Moody’s Gatwick rating fuels new issue hopes

Sixt sells carbon copy for latest biennial bond issue

Daimler steers dollar supply back on course

Bonds Comments

High yield

MTNS and CP

News

Bond Comments

Syndicated loans and leveraged finance

Investment grade or Non-leveraged loans

Broadcom gets record $100bn loan for Qualcomm buy

Rate rises on horizon credited for Euro PP surge

GKN fires broadside against hostile £7bn Melrose bid

EG’s acquisition spree weighs on ratings

Wabco tests Schuldschein water for US supply

Unholy trinity threatens Europe's loan market

Leveraged finance loans

3i aims to replicate Refresco success with Royal Sanders acquisition

Euro lev loans ignore US volatility with run of leveraged buyouts

Emerging market loans

CEE loan pipeline heats up with PXFs

Bank Sohar’s $300m loan to be oversubscribed

Yildiz Holding restructures $1bn loan

Emerging Markets

News

Public bonds would be better for Qatar National Bank

Headache for Kenya as Moody’s upsets with one notch downgrade

Republic of Belarus back for dollar test

Hope returns to SA as Ramaphosa ends Zuma era

End of EM bull run feared as markets see red

Volatility takes toll on Lat Am LM efforts

Fitch sees Mexico downside risks despite improvement

LatAm takes break but DCM bankers sanguine

Bond Comments

League Table

Equity

Creval’s €699m recapitalisation gets going

Galliford to raise £150m to cover Carillion costs

UK challenger lender TruFin floats for £70m

Pain for Novares as volatility sinks its IPO

Volatile markets fail to put a dent in home builder Instone’s IPO

Active managers eye chance to prove themselves amid volatility

Market News

EBA pushes for tougher hedging after Premier Oil splits risk transfer market

People Moves

People Moves in Brief

Columns

Leader

The Naked Broker

Credit Matters

GlobalCapital View

Food for thoughts

Southpaw

Crunch year for Deutsche's IB biz as Warren promises growth

Euroblog

MTN Leak

Loans Ranger

Tuesday view

League Tables

Loans

Bonds

Revenue

New Issues

Cartoons