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Bond specialists sceptical that auctions can yield better results than bookbuilding
Project to establish bond-issuing multilateral bank gets under way, aiming to strengthen Nato and allies’ defence capacity and procurement
LatAm agency brings second digital bond this year in the currency
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In this round-up, China says it will make the Hainan province a world-class “free trade port”, the May Caixin China general services purchasing managers index beat consensus by a large margin, and the central government will sell over Rmb100bn ($14bn) of treasury bonds next week.
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Programmes to cut the debts owed to official and private creditors would deliver much-needed financial assistance to emerging markets hit by the Covid-19 pandemic, according to a report by leading economists.
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The Bank of England is working to ensure UK financial markets can cope with further strains in the case of a second wave of the Covid-19 pandemic, or a severe economic downturn.
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About $570m will be flowing into EM corporate green bonds in the next few months, after HSBC Global Asset Management and the International Finance Corp reached a third close on the fund they have set up to invest in them.
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Capital markets players love to talk about being socially responsible. The death of George Floyd shows talk has got society nowhere. It is time for action.
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There were more calls this week for the UK government to support non-bank lenders that are unable to access the Term Funding Scheme, with market participants preferring a simple extension rather than alternative funding options.