Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Order books shrink when issuers tighten pricing as investor expectations of rate cuts shift
◆ Investors show price-sensitivity in build-up ◆ Seven times subscribed ◆ Final spread ‘was sensible’, say leads
◆ BNS ‘showed confidence’ in euro senior bail-in ◆ Atradius ‘benefits in current market’ ◆ Sterling issuance eyed on ECB day
◆ Rival bankers praise deal ◆ Caution as leads ‘don’t have buyers at any price’ ◆ Secondary market performance seen as key to investor appetite
More articles/Ad
More articles/Ad
More articles
-
◆ Investors find tier two FIG debt appealing ◆ Simultaneous execution helped by supply and demand mismatch, ECB rate cut expectations ◆ Both deals land flat to FV with multiple times coverage ratios -
Flurry of issuance satisfies parched investors and raises hopes for more across the capital structure
-
◆ Canadian bank raises €2.25bn to push March US FIG issuance to $61bn ◆ Quarterly funding was second busiest ever at $254bn ◆ Swiss Re was lining up debut tier two with bail-in clause
-
Unsecured issuance in euros catches up with last year thanks to improving funding conditions, smooth March
-
◆ Bank remains 'ready' to issue an AT1 if market is there ◆ RBI expects its planned Russia exit through Strabag equity stake purchase to go ahead ◆ Old AT1 unlikely to be called in June
-
New factors suggest bank bond issuers will find even better funding market if they wait until after Easter
