UK
-
SLL issuance is down this year but the decrease has narrowed, helped by June and July issuance
-
Major deals needed to draw attention back to sterling as billions flows out of IG funds
-
The BoE's new MREL regime will be transformative for the UK's smaller banks
-
More companies considered IG could lead to more financing through private markets
-
UK govvie sold off and curve bear-flattened as Bank of England cuts rate in dramatic fashion
-
Hints about quantitative tightening could be the main focus
-
Sentiment towards affected major banks improves but major ratings agency judges overall situation credit negative
-
UK water companies rally as Cunliffe review promises seismic change
-
◆ United Utilities lands flat to fair value with rare green bond ◆ Southern Water draws book size over £3.75bn at peak ◆ Optimism regained in the troubled sector
-
Chancellor of the exchequer, Rachel Reeves has internalised the 2022 Gilt crisis
-
◆ Demand drops by half during book building ◆ Final spread tightened by 45bp ◆ Deal lands through fair value
-
Company's core lenders provided loan for development pipeline