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Aroundtown and Toyota tap private markets as public supply winds down
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  • SSA
    The Euro-commercial paper market proved its resilience to events across the Atlantic this week as an exodus of investors from US money market funds failed to dent appetite for the instrument — bolstering hope that the sector will breeze through a potentially similar situation next year.
  • The International Finance Corporation could be set to blaze a trail for other issuers when its new Banking on Women Bond launches next month, MTN bankers said this week.
  • SSA
    Washington supranationals and other dollar funders could use arbitrage opportunities in the sterling market to round out their year with public and private trades, said MTN dealers and SSA bankers this week.
  • Korean issuers showed no sign of slowing down their frenetic pace in the privately placed medium term note market this week after a record-breaking third quarter. Korea Development Bank, Korea Eximbank and Korea Finance Corporation sold a series of trades.
  • SSA
    The prospect of Portugal prefunding amid a rally in eurozone sovereign debt — and its best way of going about it — caused disagreements this week, as the clear water between it and its peripheral peers widened. While the sovereign’s short term borrowing costs grew to 2012 levels, Spain enjoyed tumbling yields and Italy unveiled plans to limit the size of its next bond issue.
  • SSA
    French regions and local authorities are still finding plenty of demand for their euro medium term notes despite volumes hitting an all time high, dealers said this week.