Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
◆ Japanese agency squeezes out concession on $1.5bn 10 year ◆ Zero new issue concession ◆ Flat curve, longer duration
Head of funding Jochen Schader says strong promotional lending has pushed the 2026 target above €15bn, as the agency caps its dollar programme before the summer
Issuer leaves more NIP than earlier this year, as order sizes shrink after busy May and June
All as expected by the market, but lack of more details regarding bill issuance somewhat disappoints
More articles/Ad
More articles/Ad
More articles
-
-
'It was the best thing to do' in a volatile market, says issuer after election call sparks market mayhem
-
French issuer postpones deal as compatriots set to face wider spreads
-
Multilateral development banks find themselves swept up in two parallel waves of change. As bond issuers, they are having to deftly navigate capital markets that are still emerging from the end of years of historically low rates, being forced to call upon all their experience and sophistication as they fund across multiple markets. At the same time, with the pressure on to fill the huge gap in global development finance, these institutions are being asked to work out how to better use or expand their balance sheets and lend more — all while maintaining their precious credit ratings. GlobalCapital gathered some of the leading supranational issuers at a roundtable in New York City in May to discuss how best to deal with the challenges of this changing world.
-
There has never been so much momentum to reform the multilateral development banks. But most of the many avenues to expand their lending have run into difficulties. Jon Hay reports
-
Some bankers were surprised, others not, but all expect a reduced EU funding programme for 2024's second half