Latest MTNs and CP news

• Fed hike expectations push dollar demand further down curve

  

  Public sector borrowers looking for dollar funding are likely to have to go even shorter than they have been used to after this week’s Federal Open Market Committee meeting, said SSA bankers.

  • 14 Jun 2018

• Garanti Bank prints gender bond MTN

  

  Turkey’s Garanti bank has sold its first ever social bond, issuing a $75m private placement. The bond was purchased by the International Finance Corporation as part of its Banking on Women Programme.

  • 13 Jun 2018

• MTN issuers yet to adjust to Italy

  

  MTN borrowers have not yet altered their issuance levels to take account of the violent moves in curves, led by Italy, over the past two weeks — leaving the euro market all but deserted.

  • 31 May 2018

• FMO and World Bank in local currency debuts

  

  The Netherlands Development Finance Company (FMO) has added another product to its local currency offering after selling its first ever note linked to the Tanzanian shilling. The deal came in the same week that World Bank debuted in Peruvian soles.

  • 24 May 2018

• FMO brings Tanzanian shilling to local currency mix

  

  The Netherlands Development Finance Company (FMO) has added another product to its local currency offering after selling its first ever note linked to the Tanzanian shilling.

  • 23 May 2018

• SSA Uridashi pullback opens opportunities for some

  

  Some SSA issuers are avoiding Uridashi notes, but dealers say there is no shortage of demand.

  • 17 May 2018

• MTN EM heat cools thanks to higher rates

  

  Doubts over the future of MTN issuance in emerging markets currencies have emerged after geopolitical events caused the Turkish lira to hit record lows against the dollar and the 10 year US Treasury yield hit 3%.

  • 10 May 2018

• April MTN volume drops off cliff after strong start to the year

  

  The first quarter of 2018 was the strongest for MTN issuance across all sectors in three years, but the non-consolidated data for April looks disappointing so far.

  • 03 May 2018

• Supras having busiest ever spell in Romanian lei

  Supranationals are making the most of demand in Romanian lei, picking up short dated funding in the currency.

  • 03 May 2018

• World Bank bolsters funding team with sell-side veteran

  

  The World Bank has grown its funding team with the hiring of a well-known figure from the MTN dealer community — and will add another name soon.

  • 24 Apr 2018

MTNs and CP news archive