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 370,524 results that match your search.370,524 results

Sort by

Asia

Innovations shake green bond market out of its comfort zone

For several years, the green bond market has spread geographically, attracted new kinds of issuer and new assets — but structurally, it has remained stable. Now that is changing. The urgency of climate change has made swathes of the economy realise they must go green. New products — transition bonds and sustainability-linked bonds — have been devised to help. But as Jon Hay reports, they will not be easy for the market to digest

EuroWeek Editor 1, December 13, 2019
Asia

The GlobalCapital debt capital markets survey: banks expect to make money and hire

Markets go into 2020 fretting about a global recession and an escalation of tradetensions between the US and China, according to 25 heads of debt capital markets in the EMEA market, in Toby Fildes’ annual outlook survey. Respondents are mildly pessimistic on spreads and fees in the primary markets as well. But on the plus side, bankers are feeling hopeful about sustainability-themed bonds and almost unanimously believe issuance will top $270bn.

Toby Fildes, December 13, 2019
Asia

Between heaven and hell: capital markets get 2020 vision

Equities are at record highs, rates at record lows; the US is quarrelling, China is slowing. As 2020 begins, participants are divided on which way markets will move. Toby Fildes picks 10 themes

Toby Fildes, December 13, 2019
Asia

Masters of the universe — central banks’ grip on markets tightens

Since the global financial crisis, central banks have accumulated powers over regulation and supervision of markets as well as over monetary policy. In 2019 politicians began to erode that with interventions that have raised questions over who should control markets. By Phil Thornton

EuroWeek Editor 1, December 13, 2019
Asia

Proliferating MDBs find politics a developing challenge

We have more multilateral development banks than ever before. They perform an invaluable job in a challenging and ever-changing world, but as they expand, and as new MDBs emerge, a fear is growing that they are being used as political tools by sovereign shareholders, keen to promote their own interests around the world. By Elliot Wilson

EuroWeek Editor 1, December 13, 2019
SSA

Can Sofr and €STR catch up to Sonia?

In 2019, public sector borrowers led the way in the implementation of the new risk-free rates, with Sonia becoming a mainstream product. The question is whether Sofr and €STR can become as widely adopted as financial markets prepare for the end of Libor. Burhan Khadbai reports

Burhan Khadbai, December 13, 2019
SSA

SSAs forced to get comfortable with negative rates

With the resumption of the ECB’s quantitative easing programme, any hopes of a normalisation of European monetary policy receded further into the distance. With “lower for longer” firmly established as the consensus call, SSA borrowers and investors will have to settle in and learn to love the world they inhabit

Lewis McLellan, December 13, 2019
SSA

Dollars lose dominance for SSA borrowers

The mighty dollar has lost its position as the default borrowing currency of the SSA market, and with a presidential election in 2020, that is unlikely to be reversed next year. However, that doesn’t mean that SSA borrowers can ignore it. Lewis McLellan reports

Lewis McLellan, December 13, 2019
SSA

Sterling SRI bond market roars into life

Sterling is set to take a bigger slice of the socially responsible bond market as a result of a number of initiatives, including reforms that are putting the pressure on UK pension funds to focus on environmental, social or governance (ESG) factors in their investments. Burhan Khadbai reports

Burhan Khadbai, December 13, 2019
SSA

What does not kill Swiss franc bonds makes them stronger

The Swiss franc bond market has been able to withstand — just — the destructive forces of negative rates and yields and is looking forward to a new year in which green structures are set to blossom. Philip Moore reports

EuroWeek Editor 1, December 13, 2019
Supras and agencies

Niche currencies offer alluring alternative for SSAs

For public sector issuers, niche currency deals have offered attractive opportunities for arbitrage funding, with spreads into euros and dollars spurring on demand this year. Meanwhile, strong investor appetite for green paper has seen niche shoots blossom throughout 2019. Frank Jackman reports

Frank Jackman, December 13, 2019
SSA MTNs and CP

Dealers turn to specialisation as MTN volumes slide

Specialisation could define MTNs in 2020 as the market looks to differentiate itself from public markets where borrowers are easily executing large, cheap, liquid benchmarks. MTN dealers’ change of focus is shaking up the league tables. Frank Jackman reports

Frank Jackman, December 13, 2019

...

3146

3147

3148

3149

3150

...

30876