Pre-migration untagged articles
-
Société Générale SCF priced a Eu1bn 12 year covered bond on Wednesday, which was the only benchmark to hit the market as blackout periods and volatility in the sovereign market kept other issuers at bay.
-
General Electric and Australian SPI Electricity & Gas issued Swiss franc bonds this week, meeting the lack of corporate supply since the beginning of the year.
-
The World Bank priced a A$1.5bn five year fixed rate Kangaroo bond on Wednesday — the largest Kangaroo deal this year and equal to the largest ever SSA Kangaroo and the largest ever single-tranche Kangaroo.
-
The European Central Bank in January bought more covered bonds in the primary market than in any other month of its Eu60bn purchase programme.
-
The Financial Services Authority has fined Simon Treacher, a former emerging markets portfolio manager at Bluebay Asset Management, £140,000 after finding him guilty of altering documents to present an inflated value of portfolios he managed.
-
Galleon’s Bernstein reemerges at HealthCor
-
null
-
Foreign debt issues in Australia reached an all-time monthly record despite a slight slowdown this week. A$350m ($315m) three year floaters from both Kommunalbanken and Landwirtschaftliche Rentenbank brought January’s new Kangaroo issues to A$6.325bn, surpassing February 2007’s A$6.3bn.
-
MTN issuers’ reluctance to adjust their pricing targets in line with widening credit spreads on secondary paper took its toll on new issues in the private placement market and exasperated dealers this week. Chunky deals in euros and dollars propped up activity but even that flow slowed to a halt by Thursday.
-
Vodafone was among a batch of corporate issuers that sold large euro tickets in the European commercial paper market this week.
-
Aareal Bank was first into the covered bond market this week, pricing a Eu500m five year mortgage backed Pfandbrief at 20bp over mid-swaps on Monday, tighter than any benchmark covered bond this year.
-
Axpo, Switzerland’s leading energy utility company, which is wholly owned by the cantons of northeastern Switzerland, issued its inaugural Swiss franc bond on Thursday, making it the first domestic corporate trade of 2010.