Pre-migration untagged articles

Eurohypo successfully opened the jumbo Pfandbrief market this week, hitting the maximum Eu3bn size for its six year global mortgage Pfandbrief. Barclays Capital, Dresdner Kleinwort Wasserstein, LBBW and new Eurohypo owner Com-merzbank priced the issue at mid-swaps flat on Wednesday after building an order book of Eu4bn.

KfW launched its first ever 15 year euro benchmark bond this week, and bankers are already describing the Eu5bn issue as a contender for deal of the year.

The covered bond market stood up well under the weight of Eu12bn of jumbo supply this week, although longer dated issues proved more popular and competitively priced than those at the short end.

We fear that one of the boys over at UBS may be working a little too hard these days. Why else would the bank's ECP wheeler-dealer, Stefan Boehm, be trawling the web in search of love?

Moody's this week announced plans to change its methodology for assessing higher yield credits, by stating separately the probability of default and the likely severity of loss resulting from a default. "Investors looking at the speculative grade market are interested by more transparency," said Eric de Bodard, chief credit officer for European corporates at Moody's in London.

Moody's this week announced plans to change its methodology for assessing higher yield credits, by stating separately the probability of default and the likely severity of loss resulting from a default. "Investors looking at the speculative grade market are interested by more transparency," said Eric de Bodard, chief credit officer for European corporates at Moody's in London.

The Republic of Hungary opened its funding programme for the year on Tuesday, swiftly and comfortably selling its expected Eu1bn 10 year deal at 15bp over mid-swaps through HSBC, Société Générale and UBS.

John Walsh, one of the global debt market's most dynamic professionals, has abruptly left RBS Greenwich Capital, after a difference of opinion with some of his London counterparts over how the US business should be run. Both he and his partner Ben Cohen, who was chief operating officer of the US debt business, left the firm this week, after their two year contracts expired.

KfW launched its first ever 15 year euro benchmark bond this week, and bankers are already describing the Eu5bn issue as a contender for deal of the year.

Talk about the luck of the Irish, Lord 'Lucky' Lucan or Charles 'Lucky' Luciano, the mafia boss who claimed to have won the initial victory in Italy for the American invading forces.