Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Kookmin Bank goes digital in dollars, yen issuance ahead of BoJ, as Volkswagen meets euro demand
◆ Wide range of investors buy highly rated bonds ◆ DNB achieves one of the tightest spreads since Covid-era QE days of 2021 ◆ SpareBank 1 SMN extends euro senior curve by two years
◆ Fair value estimated ◆ 'No fatigue' despite ongoing supply ◆ Increasing international investor base
◆ Stellantis sees stronger demand for shorter leg of €1.25bn dual trancher ◆ RCI Banque prices €750m 5.2 year tightly ◆ Ford finds demand in short end sterling
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Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, May 18. The source for secondary trading levels is ICE Data Services.
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Unédic, the French agency responsible for French unemployment support, entered the social bond market on a permanent basis on Friday, launching its new social bond framework under which all its debt will be issued from now on. It christened the new programme with its largest bond in 10 years.
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Bank of America became the first global commercial bank to print a Covid-19 response bond this week.
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European banks are set to follow sovereign and supranational institutions and begin issuing senior bonds dedicated to fighting Covid-19 under existing ESG frameworks.
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The World Bank has published what it describes as its first impact report covering all of the bonds it has issued and its entire development portfolio.
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Unédic and NRW.Bank are planning to issue their first ever social bonds. The proceeds of Unédic's bond will go towards providing support for the French state unemployment package.