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Weakness observed, but liquid issuers in defensive maturities with ‘good concession and a bit of yield’ have little to fear
Bloc steals focus in euro market this week as World Bank's IDA brings SEC-exempt debut in dollars
New EU deal and year's final sovereign syndications move into focus amid continued yield sell-offs
‘Very important transaction’ for the DMO in meeting investor needs where they are, says debt chief
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HSBC is looking for a new head of corporate finance coverage to replace Matthew Wallace, who is quitting the firm. Meanwhile, Simon Derrick and Michael Ellam have been handed new jobs as the bank reorganises the way it covers investors and public sector institutions. In Asia Pacific, Rami Hayek is leaving his post.
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Saudi Arabia scored a triple tranche dollar deal inside its own curve on Tuesday, raising cash at seven, 12 and 35 years. Samba Financial Group has since followed its sovereign into the market with its own deal.
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The Republic of the Philippines hit the market with a pair of euro benchmark bonds on Tuesday, making a rapid comeback to the currency.
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The UK Debt Management Office and the UK Treasury have launched an invitation to tender for the appointment of syndicate banks to run the sovereign’s second sukuk, which is being planned for this year.
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Hong Kong got a blow from Moody’s on Monday after the agency downgraded the special administrative region’s rating to Aa3 from Aa2, largely because of the lack of an effective response from the government to months of volatility. Rashmi Kumar reports.
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GlobalCapital understands that Commerzbank has ended its primary dealership with the Netherlands, where it was a market maker for Dutch bills.