Pre-migration untagged articles

The MTN market never quite closes and dealers remained busier than their colleagues on syndicate desks, but poor sentiment, high volatility and unrealistic funding targets took their predictable toll on issuance this week.

Sanofi-aventis's debut issue was the highlight of the week in the Swiss franc market, although new issue volumes were down due to poor investor sentiment.

So John Thain is going to be the next leader of Merrill Lynch. We would have far preferred Larry Fink to get the job, because he knows how Merrill works and where the firm’s problems lie.

The US corporate bond market had to be stretchered out for the Thanksgiving weekend. Dealers were glad of the rest, not that they expect much recuperation by Monday.

Market-making in jumbo covered bonds was suspended on Wednesday until at least Monday and possibly next year, after the relentless volatility and drying up of liquidity this week, which had earlier forced AIB Mortgage Bank to abandon a new three year issue a day after opening books (see page 1).

Market-making in jumbo covered bonds was suspended on Wednesday until at least Monday and possibly next year, after the relentless volatility and drying up of liquidity this week, which had earlier forced AIB Mortgage Bank to abandon a new three year issue a day after opening books.

As 2007 draws to a close, the year is being shaken by the subprime crisis like a rat by a terrier. Bad news and rumours rippled around the market this week as both indices and some single names tilted back towards and sometimes beyond the recent high prints.

After a few years when it could have performed in a Christmas pantomime as Sleeping Beauty, do we finally detect some signs of life at Citigroup?

Table three: Non-syndicated deals for less than $250m where issuer type is Private Corporate or Private Utility.

EuroWeek understands that several French banks attempted to create a superfund in the vein of the master liquidity enhancement conduit (MLEC), the superconduit sponsored by Bank of America, Citigroup and JP Morgan.

Was it really a year ago that HSBC, to its credit, blew the whistle on the deterioration of the US subprime mortgage industry?