North America
-
Reverse Yankee issuers find far calmer market than a week ago
-
The French utilities company was one of the few corporate borrowers to tap the US market this week
-
Issuer has more to fund this year than last, as Canadian SSAs ramp up borrowings
-
French utility stood out in a muted US corporate bond market this week
-
Asset managers should be drawn to high spread products from infrequent names
-
◆ Money centre banks drive $25bn-plus three-day issuance rush ◆ Goldman first refinances capital with new, cheaper deal and then returns for senior funding ◆ RBC debuts its most subordinated debt in US dollars
-
Row of solid trades after rates wobbles sets up next week’s issuance on good footing
-
Canadian lender looks to narrow its spread to larger peers
-
Move in basis swap rate brings Swiss franc funding costs in line with core markets
-
◆ Japanese lender moves first in dollars before CPI roils rate cut expectations ◆ Conditions stabilise by Thursday as Jefferies brings its largest bond ◆ New supply to follow April 12 bank earnings
-
Provincial issuer grabs one of the biggest order books among the Canadians this year
-
Cigarette maker joined by Asahi, Cadent, Duke and Porsche in rip-roaring day
-
Promise of arbitrage draws foreign borrowers to Swiss franc market
-
Strong demand helps market overcome rates volatility
-
Issuance to pick up, but funding officials could favour more attractive senior unsecured deals
-
◆ Canadian bank kicks off new quarter for US market after strong Q1 ◆ Local insurers fund in absence of bank deals ◆ Focus turns to US bank results
-
Latest Canadian issuer in euros finds little competition
-
The deal appealed to asset managers looking for ‘spreadier products’
-
World Bank, Ontario Teachers’ and Development Bank of Japan kept investors engaged after the holiday
-
TD has been the only Canadian bank to visit the market this year so far
-
Swiss franc bond investors take lower interest rates in their stride as hunt for duration continues
-
◆ Canadian bank raises €2.25bn to push March US FIG issuance to $61bn ◆ Quarterly funding was second busiest ever at $254bn ◆ Swiss Re was lining up debut tier two with bail-in clause
-
US high grade issuance topped $314bn in the first quarter of 2024
-
Equity market rally and anticipation of rate cuts fires up New York's primary convertible market