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John Healey resigned because the money was not there for defence. It may not be there for anything
'Dead quiet' few weeks will benefit issuers as excess bonds need absorption before issuance starts to ‘fire on all cylinders’ from August 17
Supplying a ‘diversity of instruments’ is important for sovereign to meet needs of different investors, says DMO chief
◆ First of two planned linker syndications for 2026-7 executed swiftly ◆ Earlier book open, quick three hour execution to limit risk ◆ £93bn of Gilts issued off year's £246bn programme since April 1
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The package of business cuts unveiled by new chief executive Christian Sewing earlier this year has already started to bite on Deutsche’s balance sheet, with trading assets plunging and borrowing in repo down 95%. Despite the cuts, though, the bank beat rock bottom expectations this quarter, but still faces a challenge to return to sustainable profit-making, according to analysts.
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Greece is not likely to join the European Central Bank’s Public Sector Purchase Programme after it exits its bailout programme, according to a senior rates strategist.
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Intercontinental Exchange has completed its $685m acquisition of TMC Bonds, a fixed income trading platform that adds to its drive into market infrastructure.
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The UK Debt Management Office was once again the darling of BondMarker voters with its latest sterling syndication, but there was also a strong performance for a series of dollar deals that came in the same week.
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S&P Global Ratings has revised Greece’s outlook from stable to positive, with an upgrade on the horizon if the sovereign meets certain criteria.
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Find out how far European sovereigns have progressed in their 2018 plans at the start of the third quarter.