Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
◆ €18bn blockbuster executed in June ◆ Book size and quality both comparable to January ◆ Greece, Sweden to conclude sovereign pipeline for H1
◆ Lead points to high-quality book ◆ Subscription ratio slips from prior tap ◆ Maturity had 'pretty clear consensus'
‘Very normal market’ despite ongoing war and volatility to support another wave of new issues
Bankers say the ambition to price the first SSA bond through US Treasuries has faded as recent five year deals stall and barely perform in secondary
More articles/Ad
More articles/Ad
More articles
-
Portugal pushed down its one year yield by more than half in the space of a month at an auction on Wednesday, while it its three month borrowing costs dropped to a little under 10bp.
-
The Securities and Exchange Commission has tried to cut the risk of runs in the money market fund industry by introducing liquidity fees and redemption gates. But as the Federal Reserve has just pointed out, by doing so it has done the opposite of what it intended, and made the funds more like banks.
-
The eurozone periphery enjoyed healthy demand in secondary trading on Tuesday, as Spain tickled the 0% mark in a sale of six month bills and Portugal readied a short term auction for Wednesday. Portugal welcomed more good news on Tuesday, as Fitch Ratings said a ruling by its constitutional court should help the sovereign meet its fiscal targets this year.
-
A long dated conventional bond was the overwhelming choice among Gilt investors for the UK Debt Management Office’s third quarter syndication, the DMO reported after holding consultations with market participants on Monday.
-
The Republic of Indonesia has announced the dates of investor meetings for a dollar sukuk after mandating banks in May. -
Eurozone periphery sovereigns could squash down their short term borrowing costs even further than they have managed so far this year, as dovish measures from the European Central Bank and a drop in supply support the issuers’ debt performance, according to analysts. Spain and Portugal could benefit from the trend at bill auctions later this week.
