The Conservative Party’s lead in the opinion polls is giving rise to expectations that risk assets will rally, Gilts will sell off and primary markets will remain open after the UK general election on December 12.
The Province of Alberta was downgraded by Moody’s this week, because of its reliance on fossil fuel energy as it struggles with a lack of pipeline capacity and volatile oil prices, report Burhan Khadbai and Frank Jackman.
Italy is planning to issue its inaugural green bond in the second half of 2020, joining Germany and Sweden, who are also looking to sell their debut bonds in the format next year.
SSAs have had their best year in non-core issuance since 2012.
Denmark’s government debt management office has formally proposed issuing green bonds in which the green element can be stripped off and traded separately — something that would be a world first, and would ask difficult questions of the green bond market. The DMO said investors had welcomed the idea.
A major push towards fiscal easing in Europe, which could be a key driver of capital markets in 2020, looks more likely after the junior partner in Germany's governing coalition elected leaders who are calling for more public investment. Government debt in some other EU countries is already at record levels while demographic changes could push it higher.
Nivaura, a fintech startup, has added automation of EMTNs, commercial paper and certificate of deposits issuance to its Aurora platform.
Christian Schreckeis, the former head of capital markets and investor relations at the Austrian treasury, has taken on additional responsibility for Austria's budget.
Go to GlobalCapital's SSA data pages for the latest information on priced deals, borrower funding progress, league tables and upcoming deals.
View SSA dataGlobalCapital revealed the winners of its 2019 Bond Awards at its annual Bond Awards Dinner at the Jumeirah Carlton Tower in London on May 22. The complete results are below. GlobalCapital congratulates all the winners and nominees.
Italy is planning to issue its inaugural green bond in the second half of 2020, joining Germany and Sweden, who are also looking to sell their debut bonds in the format next year.
SSAs have had their best year in non-core issuance since 2012. SSA issuance (excluding euros, dollars and sterling) is up $3.83bn year on year to $82.95bn year to date. Much of this borrowing — some $32.8bn, according to Dealogic — has come through the MTN market.
The Province of Alberta was downgraded by Moody’s this week, because of its reliance on fossil fuel energy as it struggles with a lack of pipeline capacity and volatile oil prices, report Burhan Khadbai and Frank Jackman.
SSAs have had their best year in non-core issuance since 2012. SSA issuance (excluding euros, dollars and sterling) is up $3.83bn year on year to $82.95bn year to date. Much of this borrowing — some $32.8bn, according to Dealogic — has come through the MTN market.
A major push towards fiscal easing in Europe, which could be a key driver of capital markets in 2020, looks more likely after the junior partner in Germany's governing coalition elected leaders who are calling for more public investment. Government debt in some other EU countries is already at record levels while demographic changes could push it higher.
