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Specialist with over 20 years’ experience hired for new role
Private placements may have hung around much longer than first expected but their dominance may be at an end
Financial institutions triple issuance in the currency this year, while corporates make greater use of euro and sterling taps
Supranational will seek $3bn or more when it returns, with the short end and belly in focus
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The International Finance Facility for Immunisation (IFFIm) sold its second Norwegian kroner vaccine bond on Thursday, following a donor pledge from the Norwegian government.
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Frontier currency bonds are offering development finance institutions (DFIs) a way to offset exchange rate risks for their clients during the coronavirus crisis. With the number of disruptive events increasing, market participants feel that frontier currency bonds could provide a prudent way to decrease risk for developing country borrowers.
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After a rocky two months, the CP market is starting to normalise as spreads track in to their pre-pandemic levels and borrowers find themselves flush with cash.
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The Asian Development Bank sold the first ever Mongolian togrog denominated bond this week, funding a local dairy farm project in the country.
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Alberta made its first foray into the Norwegian kroner market on Thursday — the same day that S&P placed the province’s credit outlook on negative.
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The Inter-American Development Bank has bumped up its 2020 funding programme by almost a quarter to fund its response to the coronavirus pandemic.