Top Section/Ad
Top Section/Ad
Most recent
A selection of the clever, funny and weird to keep your mind sharp over the new year break
European and high yield chiefs to take the reins
More articles/Ad
More articles/Ad
More articles
-
BMO Capital Markets lead managed its first ever sterling public sector bond issue this week, with an under the radar tap for Rentenbank. -
The Eurogroup has, once again, manifestly failed to come to a unanimous position on coronabonds. The bloc does appear to be incrementally adding components to its joint fiscal response, however, with some form of joint recovery fund appearing likely — even if the source of its funding remains a mystery. Jean Comte, Jasper Cox and Lewis McLellan report.
-
Banks sponsoring asset-backed commercial paper conduits activated the liquidity lines backing up these vehicles in the days before Federal Reserve intervention started to stabilise commercial paper markets, as rates spiked and investors focused on only the shortest maturities.
-
Finance ministers have agreed on the use of the European Stability Mechanism, the European Investment Bank and a new unemployment fund as a fiscal response to the coronavirus crisis, but they remain split on language about a possible common recovery fund. They are set to reconvene — virtually — on Thursday afternoon.
-
The way Asian states including China have dealt with the coronavirus has put Europe and the US in the shade — now they should lead the international financial fightback.
-
The European Investment Bank, the European Stability Mechanism and a new unemployment fund are set to play a part in EU finance minsters’ response to the coronavirus crisis. Coronabonds are likely to be mentioned at their meeting on Tuesday evening, but any concrete plans for mutualised debt look to be elusive at this stage.
