Top Section/Ad
Top Section/Ad
Most recent
An public sector issuer breaking a record with a deal this week became so common a claim it began to sound like, well, a broken record. But questions remain about how robust demand really is
Markets ‘not out of the woods yet’ as large sovereigns shorten execution process to de-risk issuance
Huge order book allowed the issuer to increase size of five year dollar trade
Issuer had already pre-funded in dollars earlier this year
More articles/Ad
More articles/Ad
More articles
-
-
Small, super rare issuers could tap the private bond markets to fund projects in growing numbers this year, following the lead of Centre Hospitalier de Roubaix’s debut €10m 19 year note.
-
It doesn’t matter whether Germany accepts the European Central Bank’s Outright Monetary Transactions scheme or not. Draghi's plan has done its job and if the ECB ever needs to invent a new capital markets bazooka to point at a troublesome debt crisis it can simply invent a new one.
-
Germany could see a spate of deals issued by groups of cities after six banded together this week in a trade that captured investors’ imaginations. But not every banker covering the market sees the potential for the innovative deal to spawn imitators, arguing that the unwieldy structure is unlikely to appeal to any but the most dedicated accounts, writes Nathan Collins.
-
Read on to see how benchmarks priced in January are faring in the secondary market. Trading levels given are the bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data. -
The launch of a joint bond from six German cities this week is not just another example of fine German engineering, but should be taken as a prime model for local authorities in other countries to follow —not least in the UK.
