.png){kind=logo}
GC Asia
Senior Debt
Deutsche Pbb lands debut deal in green senior market
Deutsche Pfandbriefbank launched its first green bond on Monday, attracting twice as much demand as it needed for its €500m senior print.
01.00 PM
FIG
-
Covered Bonds
SG and DZ get outstanding covered bond execution
The covered bond market bounced back from last week’s temporary supply indigestion on Monday, following strong deal outcomes for DZ Hyp and Société Générale, which issued the tightest French transaction of the year.
01.15 PM -
Regulatory Capital
AT1 extension risk at rock bottom as Handelsbanken calls deal
Svenska Handelsbanken has become the latest European bank to put out a call notice for one of its additional tier ones. Market participants are expecting a clean sweep of redemptions for the asset class this year.
01.00 PM -
People & Markets
EC pledges to ‘move faster’ on resolution reforms in drive for Banking Union
The European Commission is looking to fast-stream work on reforming the EU’s crisis management framework this year, given the lack of political consensus on other issues relating to the Banking Union.
22 Jan 2021 -
Senior Debt
Global banks lead dollar funding blitz
Four US global banking titans roared out of earnings blackout to raise more than $20bn of debt this week, issuing deals either side of president Joe Biden’s inauguration.
22 Jan 2021 -
Covered Bonds
Caffil to issue social covered bond private placements
Caffil plans to issue privately placed covered bonds from its social framework, which secures financing for French hospitals. The longer maturities on offer will diversify from those targeted in its benchmark deals and more closely match its loan liabilities, as well as fulfilling investor needs.
22 Jan 2021
-
Quick Links:
Latest News
-
SG and DZ get outstanding covered bond execution
The covered bond market bounced back from last week’s temporary supply indigestion on Monday, following strong deal outcomes for DZ Hyp and Société Générale, which issued the tightest French transaction of the year.
01.15 PM -
Deutsche Pbb lands debut deal in green senior market
Deutsche Pfandbriefbank launched its first green bond on Monday, attracting twice as much demand as it needed for its €500m senior print.
01.00 PM -
AT1 extension risk at rock bottom as Handelsbanken calls deal
Svenska Handelsbanken has become the latest European bank to put out a call notice for one of its additional tier ones. Market participants are expecting a clean sweep of redemptions for the asset class this year.
01.00 PM -
EC pledges to ‘move faster’ on resolution reforms in drive for Banking Union
The European Commission is looking to fast-stream work on reforming the EU’s crisis management framework this year, given the lack of political consensus on other issues relating to the Banking Union.
22 Jan 2021 -
Global banks lead dollar funding blitz
Four US global banking titans roared out of earnings blackout to raise more than $20bn of debt this week, issuing deals either side of president Joe Biden’s inauguration.
22 Jan 2021 -
DZ Hyp readies its first covered deal of 2021
DZ Hyp is preparing to print its first covered bond of the year. The deal could be launched as soon as Monday, which would allow the German lender to get its business done ahead of an expected EU deal for the Support to Mitigate Unemployment Risks in an Emergency (SURE) programme.
22 Jan 2021 -
Caffil to issue social covered bond private placements
Caffil plans to issue privately placed covered bonds from its social framework, which secures financing for French hospitals. The longer maturities on offer will diversify from those targeted in its benchmark deals and more closely match its loan liabilities, as well as fulfilling investor needs.
22 Jan 2021 -
QNB taps CNH liquidity for Rmb1.5bn bond
Qatar National Bank, a frequent issuer in the offshore renminbi bond market, has sold its first deal of the year in the currency, raising Rmb1.5bn ($232m).
22 Jan 2021
Bond Awards
-
GlobalCapital Bond Awards 2020: the winners
GlobalCapital is delighted to announce the winners of its Bond Awards 2020.
30 Sep 2020
Covid-19 bonds
-
Bank senior Covid-19 response table
After the global eruption of the coronavirus pandemic, issuers such as governments, central banks and companies have been prompted to create new strategies to tackle the negative effects.
28 Jul 2020
Trending
-
Buyer beware: bond investors need to get thorough
How important is reading the offering circular (OC) on a bond? Not very, according to some investors.
17 Dec 2020
Regulatory Capital
-
AT1 extension risk at rock bottom as Handelsbanken calls deal
Svenska Handelsbanken has become the latest European bank to put out a call notice for one of its additional tier ones.
01.00 PM -
EC pledges to ‘move faster’ on resolution reforms in drive for Banking Union
-
Capital trades the focus for Aussies in 2021
-
Higher rates and execution certainty aid Yankee bank issuance
-
Monte releases strategic plan amid expectations for capital boost, merger
Senior Debt
-
Deutsche Pbb lands debut deal in green senior market
Deutsche Pfandbriefbank launched its first green bond on Monday, attracting twice as much demand as it needed for its €500m senior print.
01.00 PM -
Global banks lead dollar funding blitz
-
Mongolian Mortgage Corp pulls bond amid political turmoil
-
Swissie investors target quality not quantity
-
Fresh hopes for euro FIG supply as spread backdrop improves
Covered Bonds
-
SG and DZ get outstanding covered bond execution
The covered bond market bounced back from last week’s temporary supply indigestion on Monday, following strong deal outcomes for DZ Hyp and Société Générale, which issued the tightest French transaction of the year.
01.15 PM -
DZ Hyp readies its first covered deal of 2021
-
Caffil to issue social covered bond private placements
-
Swissie investors target quality not quantity
-
Drop in covered bond supply questioned
People & Markets
-
EC pledges to ‘move faster’ on resolution reforms in drive for Banking Union
The European Commission is looking to fast-stream work on reforming the EU’s crisis management framework this year, given the lack of political consensus on other issues relating to the Banking Union.
22 Jan 2021 -
People moves in brief: January 21, 2021
-
Soriano surfaces at Natixis
-
Deutsche’s Ross goes on leave
-
FIG banker Enns picked as Chubb CFO
MTNs & CP
-
Crédit Agricole goes down under in search of tier two
Crédit Agricole tapped the Australian dollar market for tier two debt this week, following up last Tuesday's public US dollar benchmark with a privately placed trade in a similar tenor.
14 Jan 2021 -
SSAs kick off 2021 MTN market
-
People moves in brief
-
Crédit Agricole names new global head of MTNs
-
MTN volumes fall as FIG issuance dries up
Covid-19 Crisis
-
Senior Debt
Credit Suisse brings rare FRN in dual tranche trade
Credit Suisse gave investors a rare chance to pick up both fixed and floating rate senior bonds on Monday. The dual tranche deal was met with healthy demand, despite progressing more slowly than expected.
11 Jan 2021 -
People & Markets
Banks question capital buffers after stressful year
Bank capital has gone back under the microscope during the coronavirus pandemic, with policymakers asking themselves whether the Basel III rules can work as intended. Tyler Davies reports.
17 Dec 2020 -
Regulatory Capital
Finnish financial lobby urges caution over Banking Union
The Finnish financial sector wants to put the brakes on new measures aimed at completing the Banking Union, arguing that EU member states should move back into a clearly defined process of risk reduction.
15 Dec 2020 -
FIG
IIX uses Covid label for new gender bond
Asia-based Impact Investment Exchange (IIX) has raised $27.7m from a women's livelihood bond that was linked to the Covid-19 pandemic. Its chief executive and founder explains the deal’s rationale to GlobalCapital Asia.
14 Dec 2020 -
Senior Debt
SocGen hits dollars as US stays open for business
Société Générale took advantage of superlative conditions in the US dollar market at the start of the week, raising $2bn of funding with a tightly priced deal in non-preferred senior format.
08 Dec 2020 -
FIG
Industrial Bank uses blue, Covid labels for bond return
Industrial Bank Co has locked up more than $800m-equivalent from an international bond sale earmarked for green and social projects.
02 Nov 2020 -
Senior Debt
Secondary bank spreads widen amid coronavirus concern
Concerns over the worsening coronavirus infection rate in Europe sent bank spreads wider on Thursday, as investors avoided taking on risk in the secondary market.
29 Oct 2020 -
FIG
Kookmin takes Covid label to bank capital
South Korea’s Kookmin Bank used a Covid-19 sustainability bond label for its $500m bank capital deal on Wednesday.
29 Oct 2020 -
Senior Debt
A second wave for coronavirus-themed bank bonds?
As Europe moves into a second wave of coronavirus cases, banks could soon return to the market with more Covid-themed bond issuance. However, issuers that do choose to tap the market may find themselves competing with the European Union.
26 Oct 2020 -
FIG
KDB uses Covid label to raise $1bn
Korea Development Bank took $1bn from a dual tranche transaction on Monday, using a social label for one portion of the bond to attract a new group of investors.
20 Oct 2020
Go to GlobalCapital's FIG data pages for league tables and all of the latest information on priced deals, including covered bonds.
View FIG DataIn Depth
-
Markets expect EBA guidance will force action on legacy bank capital
European banks could be set for a wave of calls and tenders on legacy debt instruments, after the European Banking Authority demanded a clean-up this week. Action may not be immediate, however, with markets still seeking clarity on a number of key issues.
23 Oct 2020
-
UK moves early to dispel fears about bank capital buffers
Markets rejoiced this week after the Bank of England proposed policy changes that will make it harder for UK lenders to run into automatic restrictions on their additional tier one coupons and equity dividends. The move was seen as a way of addressing concern about ‘buffer usability’, which has come to the fore during the Covid-19 pandemic.
22 Oct 2020
