UK Sovereign

Participants in the UK retail bond market have been asking for a greater diversity of issuance. Now they’re getting it. Eros International, an unrated Bollywood film production company, launched on Thursday a seven year unsecured bond paying 6.5%.

Virgin Media, the UK cable television, broadband and mobile phone company, substantially reduced the cost of its debt on Tuesday, as it priced $500m and £300m of senior unsecured notes.

UK challenger bank Aldermore Group, which lends to SMEs and homeowners, is set to become the third listing in its sector this year, starting pre-marketing for a £75m-£200m IPO on Monday.

British property firm Hammerson raised £400m that will fund new acquisitions of outlet parks in Britain.

TD Securities has been on a mission. From its profitable but limited redoubt covering the niche currencies, it has fought its way into one of the biggest, toughest markets in fixed income — that for dollar agencies.

Cross-product margin models at central counterparty clearing houses must be focused on structurally correlated products to maintain clearing member access to funds in the event of a default.

British property firm Assura launched a £150m capital raise on Wednesday that will help it reduce its debt.

Virgin Media, the UK cable television, broadband and mobile phone company, substantially reduced the cost of its debt on Tuesday, as it priced $500m and £300m of senior unsecured notes.

Europe must recognise US central clearing counterparties as equivalent under European Markets Infrastructure Regulation to avoid further balkanisation of liquidity and market pricing started by the Commodity Futures Trading Commission's swap execution facility mandate.

Jealousy is a cardinal sin. But meeting David Harding roused the green-eyed monster. It’s not the money. If that were a catalyst for jealousy, writing Food for Thoughts would have consigned me to a padded cell many years ago. It is the heady cocktail of intellectual stimulation and vindication he must imbibe every day and the intoxicating gift it delivers: to be yourself and say exactly what you think.

Keepmoat, a UK homebuilder and renovator of social housing, began meeting investors in Europe on Tuesday to prepare for a potential high yield bond debut.

British shoe firm Jimmy Choo became the latest luxury goods firm to launch an IPO on Tuesday, when it kicked off a long-awaited London flotation.