Pre-migration untagged articles

Two supranational borrowers this week took advantage of investor demand at the short end of the rand curve, where yields have been climbing higher in recent months.

US dollar swap spreads are approaching the wide prints seen in the week of the demise of Bear Stearns as a flight to quality underpins the bid.

Banca Popolare di Milano (BPM) wrapped up its investor roadshow for its debut covered bond at the beginning of this week against a backdrop of declining bank stocks and concerns over rising inflation.

Global credit default indices may have closed off the intraday wides yesterday (Thursday), but the market is still ruled by unmitigated pessimism.

Creditex and Markit this week announced a new method of compressing the notional principal of CDS portfolios, in a move that makes clear just how hard regulators are breathing down the CDS market’s neck to reduce its huge headline size of $62tr.

On July 1 Austria gave bond dealers the option of using electronic platforms other than the domestic platforms run by MTS, the Italian company that runs a network of government bond trading platforms.

Barclays has issued what are understood to be its first covered bonds, two £1bn (Eu1.26bn) floating rate notes. Further details emerged this week when Fitch and Standard & Poor’s released reports on the programme, including its size and how much the structure and collateral has in common with other UK issuers.

---Conrad Owen, head of private capital markets group at Mitsubishi UFJ Securities, on expanding the firm's client base.

Market players are calling leveraged deals from this year "'08 models" while pre-credit crunch deals are "'07 vintages."