Latest news
Latest news
Third deconsolidation RMBS from a UK challenger bank since November
Parliament’s draft amendments are kinder to the market than Commission's
More articles
More articles
-
Commonwealth Bank of Australia has linked a short-dated unsecured bond to Sonia, the latest use of the alternative risk-free rate as borrowers become more comfortable with the format. -
Strategists at Société Générale have highlighted potential problems with the preferred fallback method for derivatives contracts referencing interbank offered rates.
-
Questions over covenants and collateral gave a pause a rally in bonds issued by Mexico City Airport Trust (Mexcat) on Tuesday, with one group of bondholders publicly challenging plans to amend the notes' documentation.
-
Harman Dhami has joined Rabobank as head of DCM syndicate, succeeding Paul Vanner, who, after a sabbatical, will return to Rabo to further develop the bank's MTN platform.
-
The UK’s second securitization of income-contingent student loans is poised to be priced by Tuesday, with combined demand of more than £2.5bn for the rated notes, and all tranches subject by Monday’s close.
-
The European Supervisory Authorities have tried their best to protect securitization markets from potentially huge damage from January 1 when the new Securitization Regulation comes into effect, encouraging national regulators to apply their powers in a “proportionate and risk-based manner” when new rules come into force next year.
-
With December on the horizon, bankers are looking to get deals over the line before investors close their books for the year. A few remaining deals in the pipeline are out with price talk, looking to print either this week or next week at the latest.
-
HSBC has appointed a new head of sustainable bonds for EMEA, in its debt capital markets team, after Victoria Clarke left to join Barclays in August.
-
European ABS collateral quality is expected to broadly remain stable in 2019, said Moody’s. But the ratings agency singled out the UK as an exception, saying it expects every underlying UK asset to exhibit higher credit risk next year.
