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GC Asia
SSA
SSA borrowers spark fee fight after EU cuts back
Public sector borrowers are looking to follow the EU’s lead and cut underwriting fees in the biggest revamp to the way banks in the market are paid in a decade.
06 May 2021
SSA
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People & Markets
Bankers warn EU's fee approach could start ‘race to bottom’
Debt capital markets bankers are concerned that the EU’s decision to pay less in bond syndication fees could well force other issuers to do the same simply because no one will want to be paying more than anyone else.
07 May 2021 -
Sovereigns
Greece ‘still some way off’ investment grade credit status
While Greece is nearing a return to investment grade status it still has a way to go before it reaches that summit, according to the major credit agencies.
06 May 2021 -
SRI / Green Bonds
Learning by doing: SLBs to surge, though role still needs defining
Sustainability-linked bonds are the hot capital markets product of 2021, and are developing so fast that even specialists in the field find it hard to keep up with the pace.
06 May 2021 -
Supranationals & Agencies
EIB and NIB score in dollars as FMO lines up
The European Investment Bank and the Nordic Investment Bank found decent demand as they brought the first public SSA dollar deals of the week on Thursday.
06 May 2021 -
Senior Debt
ZKB ‘bound to perform’ after euro senior debut
Zuercher Kantonalbank paid a generous spread this week for its first senior deal in euros, as rates investors showed no hesitation in adding exposure to the state-backed financial institution.
06 May 2021 -
Sovereigns
Greece takes centre stage with five year as pipeline builds for next week
Greece sold the first and only public sector benchmark deal of the week on Wednesday.
05 May 2021 -
Supranationals & Agencies
CDP Financial prepares for green debut with extensive calls
CDP Financial, one of Canada's largest public pension asset managers, has mandated banks to arrange calls with investors for its first green bond.
05 May 2021
Germany's public sector issuers lead from the front
At the end of June GlobalCapital and DZ Bank brought together some of Germany’s leading public sector bond issuers to discuss the impact of the coronavirus pandemic on their capital markets activities...
Go to GlobalCapital's SSA data pages for the latest information on priced deals, borrower funding progress, league tables and upcoming deals.
View SSA data
Awards
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Bond awards like no other
GlobalCapital has held its Bond Awards every year for the past 12 years — but never like this.
30 Sep 2020
Bond Comments
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EIB USD1.5bn 1.625% May 31 Climate Awareness Bond
07 May 2021 -
NIB USD700m FRN May 26
07 May 2021 -
SGP EUR2bn 0.875% May 46
03 May 2021 -
UK GBP6bn 1.25% Jul 51
30 Apr 2021 -
AIIB AUD500m 1% May 26 sustainable development bond
30 Apr 2021 -
World Bank NZD1bn 1.625% May 28
30 Apr 2021 -
ESM EUR2bn 0.01% Oct 31
29 Apr 2021
Sovereigns
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Belgium hits century with MTN, third sovereign this year
Belgium dropped into the long end of the euro curve to place a 100 year bond this week – its first private placement for seven months.
07 May 2021 -
SSA borrowers spark fee fight after EU cuts back
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Greece ‘still some way off’ investment grade credit status
SUPRANATIONALS & AGENCIES
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CPPIB debuts in rand with ‘old school MTN’
CPPIB Capital made its debut in South African rand this week with an ‘old school MTN’ at the short end of the curve.
07 May 2021 -
Bankers warn EU's fee approach could start ‘race to bottom’
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SSA borrowers spark fee fight after EU cuts back
Sub-Sovereigns
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Ontario returns to Swissies after four years away
The Province of Ontario ended an absence of almost four years from the Swiss franc market this week to land a 12 year note at fair value. Elsewhere, Valiant Bank and Pfandbriefbank kept the domestic market ticking over with a handful of covered deals.
22 Apr 2021 -
SSA secondary pricing update: IADB tightens by 6bp versus US Treasuries
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SSAs break records in booming SRI market
MTNS & CP
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CPPIB debuts in rand with ‘old school MTN’
CPPIB Capital made its debut in South African rand this week with an ‘old school MTN’ at the short end of the curve.
07 May 2021 -
Belgium hits century with MTN, third sovereign this year
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ADB steams into record-setting dim sum mart
PEOPLE & MARKETS
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Bankers warn EU's fee approach could start ‘race to bottom’
Debt capital markets bankers are concerned that the EU’s decision to pay less in bond syndication fees could well force other issuers to do the same simply because no one will want to be paying more than anyone else.
07 May 2021 -
EC fines three banks for participating in SSA bond trading cartel
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Denmark appoints new DMO chief
Special reports - all asset classes
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Japan in the Capital Markets April 2021
16 Apr 2021 -
The Canadian Covered Bonds Roundtable
15 Apr 2021 -
The Crédit Agricole CIB ESG Loan Roundtable
30 Mar 2021 -
The HSBC Asia high yield bond roundtable
08 Feb 2021 -
Review of the Year 2020
17 Dec 2020 -
Investing in Indonesia
17 Dec 2020 -
The LBBW Public Sector Issuers’ Roundtable
11 Dec 2020 -
The Standard Chartered high yield bond roundtable
07 Dec 2020 -
CEE Sovereign Issuance
06 Oct 2020 -
Investing in Egypt
30 Sep 2020 -
GlobalCapital Bond Awards 2020
30 Sep 2020 -
The Vistra structured finance roundtable
30 Sep 2020
