Pre-migration untagged articles

A familiar issuer in the Russian rouble bond market was among a steady trickle of borrowers across the niche currency markets this week.

Just in case you hadn’t noticed, Barclays announced its results for the first quarter of 2007 last week. The figures were quite good, so why wasn’t the announcement accompanied by the usual fanfare and firework displays?

HBOS confirmed the recent trend of slack demand for paper beyond 10 years this week, when demand for a 10 year tranche of its new covered bond issue outnumbered that for its 15 year piece.

The 7.875% '09 notes for Fremont General popped five points last week after the company announced it is selling its commercial real estate lending business and an investor group will inject about $80 million of equity into the company.

Get your spar on...Investors got to channel their own Chuck Liddell last week at the bank meeting for Zuffa, the owner of the Ultimate Fighting Championship.

Turmoil in the equity markets caused bonds to drop for bankrupt companies such as Delphi Corp. and Dana Corp. that planned on paying back unsecured creditors with equity.

The following charts show the top five advancers and decliners in terms of % moves in the loan, bond and credit default swap markets for the previous week.

--Lisa Watkinson, head of global structured credit business development at Lehman Brothers, about the launch of LCDX last week.

Funding dedicated to renewable energy projects, returns linked to Europe’s most environmentally responsible companies and the reduction of carbon emission allowances: no wonder the European Investment Bank said that “nature will show its gratitude” after launching its Climate Awareness Bond this week.

Euro/dollar basis swaps, which have been driven down to close to two year lows by the recent burst of euro denominated issuance by non-European issuers, recovered this week.