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
-
Markets pushed Ireland and Portugal to the brink of humiliating bail-outs by the European Financial Stability Facility (EFSF) this week in the wake of Germany’s insistence on bondholders sharing the burden of future eurozone sovereign rescues.
-
US mid-term elections, expectations of quantitative easing and non-farm payrolls on Friday kept the dollar market firmly closed for SSAs this week but it is expected to re-open on Monday with a seven year global bond from the International Finance Corp (IFC). The deal will mark the borrower’s first deviation from a five year maturity and the first time it has issued two benchmarks in a financial year.
-
-
Kommuninvest i Sverige, the Swedish municipal finance agency, was this week forced to postpone its debut Swedish krona benchmarks in the wake of market volatility. Sveriges Riksbank, the central bank, allowed the last of its special liquidity measures — fixed interest loans to the banks, made in 2009 — to expire at the beginning of the month and raised its repo rate by 25bp to 1% on Tuesday, causing uncertain market conditions.
-
Greek, Irish and Portuguese debt took another hammering this week but bankers blamed illiquidity and nervousness as much as any justified pessimism about the credits.