Top section
Top section
◆ CIBC takes large share of the covered bond limelight as market tone improves ◆ SEB returns to euros for the first time in two years ◆ Outcomes likely to attract other issuers, say bankers
◆ Hungarian bank brings subordinated debut ◆ Order book allowed 50bp of spread tightening ◆ Absence of senior deals led to 'some surprise'
◆ BNPP 'gives the market what it wants' as it raises more with longer, lower ranking tranche ◆ Market receptive to big senior deals ◆ Third French deal in three days
Duration on the cards for senior funders, with covered bonds set to skew short
Bright spots in financial and corporate bond markets despite expected economic hit from escalating trade war
Successful corporates and FIG bonds belie move to ‘higher volatility regime'
Greater concessions nip nervousness and orderbook attrition in the bud
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
◆ Defensive short dated deal is first senior bank euro offering in more than a week ◆ Issuers balances size and price ◆ Pays single digit new issue premium -
◆ Dutch bank scoops €1.5bn with three year deal ◆ Demand allows for tight pricing ◆ Next to no premium needed
-
◆ Book holds together despite strong spread revision ◆ No concession needed for popular print ◆ Investors find safe haven in covered bonds
-
Banker with wide experience will join in October
-
More strategic deals lower down in the capital stack may be delayed for a 'market that's not tasting blood'
-
◆ Deal demand shows covered bonds ability to withstand volatility ◆ No concession needed ◆ French deal lands through OATs
Polls and awards
The vote to choose the leading firms and individuals in the international debt capital markets has begun
The covered bond market gathered in Porto to celebrate its standout deals, institutions and individuals
The best banks, issuers, individuals and other market participants were awarded at GlobalCapital's flagship industry dinner in London
The winning deals, banks, issuers and other market participants will be revealed at a gala dinner in Porto on September 12
Sub-sections
Comment