Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
Books on the dollar deal opened just hours after Iran attacked the country
Issuer to focus on auctions and foreign currency opportunities including dollars and Swiss francs
Bankers ‘struggle to see a drastic shift’ in concessions even after flood of issuance in May
◆ New 2046 OT proves attractive to investors ◆ Book size and quality both pleasantly surprising ◆ Sovereign issuer pays its typical NIP
More articles/Ad
More articles/Ad
More articles
-
Investors mobilised this week, revolting against the European Central Bank’s quantitative easing programme, forcing eurozone periphery sovereigns to fund themselves at yields that predate central bank buying for the first time since the ECB’s public sector purchase programme began last month.
-
Spain highlighted on Thursday the retracement in yields since the launch of eurozone quantitative easing, as it paid to borrow at pre-QE prices.
-
Malaysia has cemented its return to the dollar debt market with a $1.5bn wakala that had investors scrambling for more. The country’s novelty value blew away any concerns surrounding its fiscal health and it managed to raise funds in style, with the inclusion of a new class of intangible asset in the asset pool — a first for a sovereign.
-
Portugal sold bills at a yield of less than a basis point on Wednesday, while Greek 13 week yields held steady for the third auction in a row.
-
Malaysia is making a rare appearance in the dollar market, opening books to a dual tranche offering on April 15. While the country’s first dollar outing in almost four years is already headline-worthy enough, the transaction is also notable for equaling Malaysia's record in terms of deal maturity.
-
European central bankers might be buying the market, but they still lack faith in the European project. That is the only conclusion to draw from the securities lending arrangements announced before Easter.