Pre-migration untagged articles
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BNP Paribas raised nearly Eu1.5bn of tier one capital in euros and sterling this week, but while other large subordinated deals this year have taken a long time to put through the market, BNPP's deal slipped through making barely a ripple.
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The volatility in fixed income markets hit the Eu8.5bn of new covered bond issues this week, and the Spanish cédulas market, already struggling under heavy supply, was worst affected.
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The volatility in fixed income markets hit the Eu8.5bn of new covered bond issues this week, and the Spanish cédulas market, already struggling under heavy supply, was worst affected.
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The euro swap rate curve steepened today (Thursday), as the European Central Bank decided to keep rates on hold and dispelled the widespread expectation that it would raise rates next month.