Pre-migration untagged articles

Surging issuance in the primary bond market has diverted attention from the credit default swap market, said default traders in London this week.

Never let it be said that this column carries a curse, as our witch-doctor's licence was revoked many years ago. However, before you could say, "Turn left for first class, Sir," the celebrated Najib Canaan had fallen off his flying carpet, leased from Nomura Aviation.

There was no getting away from capital optimisation trades from UK insurers this week.

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As well as taking the limelight in the liability management sector, UK financial issuers' presence was also noted in the subordinated capital arena.

Leak was out partying with UBS's Tom 'The Mexican' Mallory and Stefan Boehm this week, at the bank's summer press party. After a few sherbets at Regent Street's Cocoon bar had loosened him up, Stefan, the lonely hearts Lothario, started spilling the beans that he had once lived the life of a rock god, as lead guitarist in a band.

Caixa Geral de Depósitos has picked Barclays Capital to structure its inaugurual covered bond, which is expected to be the first obrigações hipotecárias from Portugal.