Pre-migration untagged articles

Merrill Lynch, Citigroup and Bank of America all came in ahead of forecasts this week, reporting record earnings for 2006.

New lows were hit in the iTraxx Crossover Index this week as stability continued to reign over the credit markets.

Achmea Hypotheekbank plans to launch its first structured covered bond in February, making it only the second Dutch issuer after ABN Amro Bank.

Our long-serving bureau chief in Germany, the awe-inspiringly athletic Heidi von Grippenutz, has been visiting her customers in Munich.

At the end of last week, on January 19, the European Investment Bank brought a C$850m ($720m) 30 year Maple issue via Scotia Capital and RBC in a deal which saw the reintroduction to the Canadian dollar market for the EIB.

UK supermarket chain Tesco printed a Slovak koruna deal this week. It brought a Sk1bn ($37m) 4.25% two year note, lead managed by Deutsche Bank.

The strength of bids in the euro/dollar basis swap market contributed to a rush of euro denominated deals from non-European borrowers this week.

Euro CMS floating rate paper again captured investor attention in the EMTN market this week, while dealers showcased new formats in the dollar interest rate sector as the market picked up pace across the board.

In the US market, the CDX indices moved tighter across the board as well, and the curve flattening that was a feature of the iTraxx indices was mirrored in New York.

Fortis Bank will price Astir BV series 18 (Isara), a synthetic collateralised debt obligation (CDO) managed by itself, in the first week of February.

Goldman Sachs this week pulled out of the NewEuroMTS trading platform, a market for large sovereign bonds issued by the 12 newest EU member states.

HSBC has launched its first multi-jurisdiction structured retail bond offering, becoming just the second borrower after the European Investment Bank to take advantage of the EU Prospectus Directive's 'passporting' procedures to sell a benchmark-sized deal across the region.