Cartoon
-
Asset managers should be drawn to high spread products from infrequent names
-
-
Dutch borrower wanted ‘strong data point’ to support its €11.5bn investment plan
-
Half-cooked climate policies put them right in the crossfire
-
Latin American development bank reappears in sterling market after 22 years
-
Markets have become tricky and treacherous again
-
One banker judged the sovereign to have landed 5bp-10bp through its euro curve
-
◆ Investor demand for FRNs is ‘not something you would expect’ ◆ Rare callable format works for issuers ◆ Money market and short credit funds among the buyers
-
MPS has been on a strong run since its last recap, aided by rising interest rates in the eurozone
-
Lack of deals is keeping margins low, but volume and risk will return
-
The final size of the base deal will be Sfr2bn after the IPO was priced at the top of the range
-
European financial institutions should not neglect investors wanting supply in the belly of the curve