Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
◆ First of seven syndications breaks multiple records ◆ Investor engagement and communications helped stable execution ◆ Smaller programme this year but ‘still a lot’ to tackle
Busy and ‘euro-heavy’ week ahead but dollar pipeline also building with issuers set to bring forward bond plans
◆ Minimal premium paid ◆ Size at top of range ◆ Issuer seizes upon stability
◆ 'Cautious' start say some market participants ◆ New issue premium debated ◆ Price and size praised by rivals
More articles/Ad
More articles/Ad
More articles
-
Two Middle Eastern sovereigns this week showed the depth and breadth investor demand for EM credit this week, one with a high quality jumbo $10bn trade, and the other, junk rated, with a bold 30 year trade that took full advantage of ideal funding conditions.
-
Ireland provided the lone benchmark of the week, returning to the syndicated market for the second time this year and printing €4bn of five year paper.
-
-
The minutes of the European Central Bank’s meeting of September 6-7 reaffirmed the central bank’s intentions to gradually scale back its quantitative easing programme in 2017, but offered little in the way of new information.
-
The People’s Bank of China has used its extensive holdings of European government bonds to act as an “escape valve” at times when the European repo market has become squeezed — such as year-end and quarter-end periods, when certain French and German bonds were unobtainable at almost any price.