Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
‘Notably better’ spread cements sovereign’s standing, thanks to triple-A rating and solid fiscal position
All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
◆ Sovereign back in euros, alternating from dollars in 2025 ◆ “Very low double digit” spread over Germany ◆ Sweden, KfW key comps
Likely successor as UK prime minister Andy Burnham further to the political 'left than anyone else’ but market hopeful that scope for more borrowing is limited
More articles/Ad
More articles/Ad
More articles
-
George Sager has left Goldman Sachs, where he had spent 10 years on the syndicate desk in London focusing on sovereign, supranational and agency borrowers.
-
Andrew Bailey, the governor of the Bank of England, has hinted at a dramatic reversal of the central bank’s long-standing monetary policy strategy, with the idea that it would be better to reduce the stock of its asset purchases before raising interest rates.
-
Italian prime minister Giuseppe Conte’s admission that Italy’s budget deficit would be wider than initially projected has caused a sell-off in the country’s bonds. The rest of the eurozone periphery has fared better, thanks in part to news of a new appointment to the German constitutional court.
-
The Portuguese treasury and debt management agency has unveiled its updated funding programme following the submission of its supplementary budget. The programme reveals the extent to which Portugal's borrowing needs have been elevated by the coronavirus crisis.
-
Austria and Belgium could bring syndicated transactions as early as next week, according to SSA bankers, after both sovereigns recently announced bigger funding programmes in response to the coronavirus pandemic.
-
‘Angrynomics’, a well-timed book on anger and how it relates to politics, economics and finance by Eric Lonergan and Mark Blyth, is published this week. GlobalCapital spoke to Lonergan to discuss its meaning.