Specific Landing Page
Specific Landing Page
Latest news
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Demand holds up despite flood of new bonds
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How good do issuers really have it as issuance records tumble?
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FIG still the busiest sector as borrowers run out of things to do
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The enthusiasm for bank bonds showed little sign of abating last week as subscription ratios rose, allowing issuers to push on pricing
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Another big week of issuance but no sign of investor strain
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Issuers made the most of pent-up demand in what may be the final flurry of new issuance for the year
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The few issuers that braved the market last week proceeded gingerly
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Borrowers got deals away but the high costs will deter others
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Shorter durations, higher concessions and smaller books spell trouble