Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
World Bank-managed issuer taps capital markets to accelerate donor pledges into Gavi vaccine programmes
◆ Issuer plans regular appearance after 'warm welcome' ◆ Two euro bonds yet to come ◆ Inaugural covered deal not expected until late 2027
◆ Five year dollars preferred over euros ◆ New US investors in book ◆ Zero coupon structures suit ALM needs
◆ Issuer typically funds in dollars ◆ ESG euro bond had been in the pipeline ◆ Premium paid to leave room for performance
More articles/Ad
More articles/Ad
More articles
-
Rentenbank entered the deserted dollar bond market on Tuesday, printing $1.75bn of five year notes. The market has been quiet for public sector issuers in the past few weeks, thanks to a volatile Treasury market and an issuer base already well stocked with funding, but Rentenbank found investors receptive. -
The European Union on Monday announced the mandate for its final Support to Mitigate Unemployment Risks in an Emergency (SURE) transaction of the first quarter, which will raise up to €13bn across the two tranches.
-
A leaked letter from the European Parliament, seen by GlobalCapital, shows the Parliament has joined in the debate about the Sustainable Finance Disclosure Regulation, which has been watered down to make life easier for institutional investors. The Parliament is calling for the rules to be strengthened, to help savers know which investments are green and ensure compliance does not become just a “tick box exercise”.
-
China Development Bank has priced an internationally certified Rmb20bn ($3.1bn) carbon neutrality-themed green bond well inside its secondary curve, giving the nascent asset class a further boost.
-
The Bank of England’s monetary policy meeting on Thursday followed the pattern set by the US Federal Open Markets Committee on Wednesday, pushing back any prospect of rate hikes, despite growing signs of inflation.
-
The SSA market on Thursday was digesting the result of the previous night's Federal Reserve meeting. Fed chair Jerome Powell took a dovish stance in spite of high economic growth and some market participants believe that the strengthening inflation outlook could hurt demand for bonds at the long end of the curve.
