GC Search

Search results for

Tip: Use operators exact match "", AND, OR to customise your search. You can use them separately or you can combine them to find specific content.

There are 372,041 results that match your search.372,041 results

Sort by

Supras and agencies

KfW cuts funding target for 2020, eyes Sonia and Sofr

KfW has announced a smaller borrowing programme for next year, joining a number of other public sector borrowers also set to borrow less in 2020.

Burhan Khadbai, December 12, 2019
CEE

Investors accommodate Turkey again after new rate cut

Investors gave the Turkish central bank’s 200bp rate cut a sanguine reaction on Thursday, but fund managers also noted that sentiment towards the country could change at any moment.

Ross Lancaster, December 12, 2019
Investment Grade Loans

Ferrari switches to lower gear with smaller RCF

Luxury car maker Ferrari has signed a new €350m revolving credit facility, following the trend of borrowers reducing the size of their undrawn bank loans when refinancing.

Mike Turner, December 12, 2019
LevFin High Yield Bonds

Berry rewarded for braving election week as bond balloons to €1bn

Investors gobbled up a high yield bond offering by US plastic packaging company Berry on Thursday, encouraging the company to increase the size twice, eventually reaching over €1bn. Berry is the only speculative grade company to issue a major bond this week in Europe, as most issuers stayed away from a market anxious about the UK general election.

Karoliina Liimatainen, December 12, 2019
Covered Bonds

Commerz hits out at index treatment for innovative Deutsche CPT

Analysts at Commerzbank have criticised Markit for excluding Deutsche Bank’s innovative conditional passthrough covered bond from the iBoxx index for covered bonds. They believe the decision is “technically difficult to justify” and could discourage other banks from embracing new formats.

David Freitas, December 12, 2019
Regulatory Capital

Market cools on call risk ahead of AT1 refi season

Activity is set to heat up in the additional tier one (AT1) bond market in 2020, with as many as 22 bonds approaching their first call dates. Market participants appear confident that conditions will allow banks to refinance and incentivise them to do so.

David Freitas, December 12, 2019
Asia

In memory of Volcker’s gravitas

I don’t often write rave tributes about high profile people but Paul Volcker warrants one this week.

Taipan, December 12, 2019
Asia

Cracks show amid bumper year for Indian bonds

Indian issuers thronged the offshore bond market this year, with volumes from the country easily beating 2018 numbers. But cracks in the market have started to show. While deal flow will be strong in 2020, concerns around the health of the financial sector and the changing status of state-owned enterprises are keeping investors on edge. Morgan Davis reports.

Morgan Davis, December 12, 2019
Equity IPOs

Liquidity fears allayed as Aramco finds 'natural' trading groove

Sources close to Saudi Aramco breathed a sigh of relief on Thursday, when trading in its shares accelerated, after a very slow and stuttering start the previous day. The action propelled the Saudi oil champion's stock higher, but more importantly for international investors, the more liquid flow should make it easier for them to buy the stock when it is added to MSCI's emerging markets index next week.

Sam Kerr, December 12, 2019
Asia

Taiwanese banks tweak lending strategy with India, Aus in more focus

Taiwanese banks are increasingly getting sign-offs for larger commitments for loans from southeast Asia, India and Australia, as well as for lower priced deals and longer tenor transactions from these regions. This is as Taiwan’s lenders continue to step away from Chinese borrowers, writes Pan Yue.

Pan Yue, December 12, 2019
Derivatives

CFTC's Tarbert warns on zombie Libor, preps no-action relief

The US Commodity Futures Trading Commission will issue Libor-transition relief this month as its chairman warned over the threat of a “zombie Libor apocalypse”.

GlobalCapital, December 12, 2019
FIG People and Markets

ECB confirms new Basel-busting Pillar 2 composition

Andrea Enria, chair of the European Central Bank’s supervisory board, has confirmed that eurozone banks will be able to include subordinated debt as part of their Pillar 2 capital requirements. The resulting 90bp improvement in common equity tier one (CET1) buffers could help to offset "unwarranted consequences" from the implementation of Basel III, he said.

Tyler Davies, December 12, 2019

...

3279

3280

3281

3282

3283

...

31003