Sterling

The Bank of England’s reprieve will help the UK challenger bank meet next year’s MREL targets

After unexpectedly strong issuance of unsecured bonds in November, European banks have pre-funded for 2023, in anticipation of it being a year for refinancing across most, but not all, of the debt capital structure. Which asset classes are banks set to focus on? Atanas Dinov reveals GlobalCapital’s survey findings.

Financial institutions have grappled with an increasingly expensive primary bond market in 2022. As interest rates continue to climb and investors demand more spread for their cash, how much will banks have to pay up to play in the primary markets in 2023? By Frank Jackman.

Swiss bank's decision to call the deeply subordinated debt has increased the pressure on other big European lenders to follow

Despite severe difficulties, the market has had a 'very successful' year

The facilities, with a term loan in Australian dollars, will finance Ekaterra's acquisition by CVC

Truck maker returns to currency as vehicle names seek short maturities

Bank of Montreals £1bn deal was priced flat to recent deals from UK issuers

US dollars, sterling and euros are delivering the cheapest bank funding

A consequences of a stellar November for FIG bond issuance volumes may well prove to be an easier January

The bonds were purchased at the height of the recent Gilt market crisis

Pent-up investor demand fuels sterling market's stellar run for FIG borrowers