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First Canadian province to visit euros in 2026
◆ Cautious start after spreads moved around ◆ KfW's spread tightens, but Länder unmoved ◆ ‘Real’ Länder-KfW spread yet to be established
German sovereign goes for conventional over green as smaller peers join a crowded Tuesday
Primary market shows strength but pockets of weakness a reminder that ‘1bp could make all the difference’
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Community of Extremadura sold its largest ever bond with its debut syndication on Wednesday, a day before the Spanish sovereign auctions debt.
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Auckland Council sold its second ever Swiss franc deal on Tuesday. The short 12 year bonds benefited from a strong bid for duration from Swiss investors, allowing the issuer to reach their size cap at tightened pricing.
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The longest recession since the Second World War is over. In the fourth quarter of 2013, the Italian economy emerged from the recession and recorded positive growth for the first time since 2011. The growth was modest, but there is a clear trend towards a stronger recovery. -
He might be refreshingly young for an Italian prime minister, but can Matteo Renzi bring about the economic and political changes needed to get the country back on track? Philip Moore investigates.
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In this interview with GlobalCapital, Ignazio Visco, governor of the Bank of Italy, shares his views on the outlook for Italy’s economy and the country’s banking sector, highlighting the need to improve the labour market and credit conditions which, if not dealt with, could slow economic recovery.
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Originally established in Turin 1850 to finance the investments and local needs of the House of Savoy, Cassa Depositi e Prestiti (CDP) has changed beyond all recognition in the last 10 years, let alone in the last 164.
