Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
'Everyone is ready for summer to be over' as SSA wave builds for Monday
Analysts discuss the scope of tightening in Bund swap spreads and the impact on SSA spreads
OATs and OLOs could weaken further versus Bunds while southern European countries and EU continue to paint a positive picture
Uncertainty looms large as presidential race far from clear and budget negotiations potentially ‘highly challenging’
More articles/Ad
More articles/Ad
More articles
-
Germany’s 10 year borrowing costs rose to their highest level in 18 months at an auction on Wednesday, as better than expected economic data gave investors to switch out of the eurozone’s safest assets and into the periphery.
-
Italy’s 12 month borrowing costs dropped for the first time since May at an auction on Monday, as redemption flow of €8.2bn helped the sovereign comfortably place €7.5bn of debt.
-
Failure to raise Japan’s consumption tax could force long-term Japanese Government Bonds (JGBs) yields to jump as early as next month at a time when ballooning debt is threatening the creditworthiness of the sovereign.
-
Pakistan should strongly consider issuing a sovereign bond to take advantage of government yields that have fallen as much as 400bp following a general election in May, say analysts.
-
Hero Asia Investment took advantage of better conditions for bond markets following the publication of last Friday's non-farm payrolls data in the US to print a $300m three year deal paying 3.25%.
-
The biggest European supranational and agency issuers are looking to launch some of their final benchmark deals of the year into what could be stormy markets in September. The European Financial Stability Facility (EFSF), EIB and KfW have all decided to wait until after the summer break before resuming benchmark funding. They will be joined by a new borrower, the European Stabilisation Mechanism (ESM) — which some bankers reckon may not go for the obvious choice of inaugural deal.