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Pre-migration untagged articles

  • We love The Spectator magazine and even if it is seen as outrageously right wing, it should be read by every foreigner who wants to improve their written English. In one of the most recent editions, there is some full-hearted support for the three former Greenwich NatWest bankers who, in happier times, covered the Enron account in Houston, Texas.
  • The new CMBX, a synthetic index of US commercial mortgage backed securities which was launched on Tuesday, has elicited only a disappointing volume of trading in its first two days. "I would say maybe $1bn [of notional principal] has gone through so far. We saw some trading on the first day and put through 10-15 trades. But it has been less than expected," said one market-maker.
  • Instituto de Crédito Oficial became the latest foreign high grade borrower to target Canadian investors this week with its inaugural Maple bond. The C$400m 10 year 4.53% trade priced 1bp within the March 2016 Province of Ontario benchmark, which is trading at 32bp over the equivalent government bond.
  • Seven benchmark European corporate bonds were priced this week in one of the busiest spells so far this year. But despite recent claims that investors were going to insist on change of control clauses to protect them against leveraged buy-outs and mergers, only one of the deals carried this protection.
  • Seven benchmark European corporate bonds were priced this week in one of the busiest spells so far this year. But despite recent claims that investors were going to insist on change of control clauses to protect them against leveraged buy-outs and mergers, only one of the deals carried this protection.
  • Seven benchmark European corporate bonds were priced this week in one of the busiest spells so far this year. But despite recent claims that investors were going to insist on change of control clauses to protect them against leveraged buy-outs and mergers, only one of the deals carried this protection.
  • French equity capital markets are about to take off after a slow start to the year, with BNP Paribas's Eu5.5bn rights issue under way and IPOs due from electrical products manufacturer Legrand, property company Icade and Aéroports de Paris.
  • After a wobble in midweek, the European credit default index market closed yesterday (Thursday) back at the tighter end of the range. The Crossover came back from earlier wides of 268bp to close at a mid of 264bp and the Europe Index settled back at 35bp.
  • KfW, the Inter-American Development Bank and Japan Bank for International Cooperation all tapped the dollar market this week, even though it was rocked by a drop in underlying Treasuries.
  • KfW, the Inter-American Development Bank and Japan Bank for International Cooperation all tapped the dollar market this week, even though it was rocked by a drop in underlying Treasuries.