Pre-migration untagged articles

This week dealers faced tough competition on several large interest rate-linked deals going through the EuroMTN market.

The blaze of 10 year euro issuance by highly rated borrowers this week would have dazzled in any normal week, and was only outshone by the fireworks in the dollar market.

The c¨¦dulas market appeared to be on firmer ground this week than this time last year, with Banco de Sabadell and Banco Bilbao Vizcaya Argentaria achieving successful execution of 10 year transactions.

Hybrids stole the limelight this week, with Yankee issuers Santander and Catlin Insurance coming to market, PNC Financial Services filing for a tax deductible offering, and Freddie Mac wowing the dividend received deduction (DRD) preferred market with a $1.1bn transaction.

The European corporate bond market sprang into life this week, as borrowers took advantage of firm market conditions to bring more than Eu4bn in deals that investors eagerly digested.

FCE Bank, the European division of the financing arm of US car maker Ford, became the first high yield company to launch a benchmark bond this year when it issued its first deal for 18 months.

Goldman Sachs has incurred a four week suspension from NewEuroMTS, a market for large sovereign bonds issued by the new EU member states, for failing to meet its quoting obligations.

The New Year decorations have just been taken down, but already you can smell cordite around the towers of some of the largest UK banks. When you hear the sound of popping, are you listening to champagne bottles being opened or gunshots?

The January rush in the international bond markets got under way with a vengeance this week as the frequent issuers enjoyed a record week.

The January rush in the international bond markets got under way with a vengeance this week as the frequent issuers enjoyed a record week.

ICICI Bank smashed the record for India's largest international bond this week when it launched a $2bn senior and subordinated deal that could mark a shift in the approach of Indian banks to the global debt markets.