IFR Magazine – January 20, 2018

BONDS COVERED BONDS The ECB announced at the end of last year that, from February 2018, it would stop buying conditional pass-th ...

Barclays, HSBC, Lloyds Banking Group, RBS and Santander UK – to segregate their core retail banking operations and their wholesa ...

BONDS HIGH-YIELD $EBENHAMSûTHEIRû;BONDûPRICES=ûFELLûWHILEûASû soon as Matalan announced its numbers, their bonds popped.” Whil ...

2.875% and a US$875m 8NC3 at 4.75%, standing out from the crowd in a week dominated by Single B supply with the Ba2/ BB ratings ...

BONDS STRUCTURED FINANCE Despite what is set to be the busiest post- crisis January for securitisations in sterling two RMBS we ...

The new deal is much cleaner, and the Moody’s pre-sale report says the collateral is higher than the UK prime sector average. Th ...

BONDS STRUCTURED FINANCE predominantly concentrated in and around Chicago, Illinois and South Florida. Largest tranche: Class A ...

than US$7.4bn of such securitisations were sold. The 1950s-style drive-in will use mostly franchise royalty payments from more t ...

THOMSON REUTERS REGULATORY INTELLIGENCE NAVIGATE THE GLOBAL REGULATORY ENVIRONMENT WITH CONFIDENCE © 2016 Thomson Reuters S03681 ...

SSAR US DOLLARS Jan 17 2018 Kommuninvest US$1bn Apr 22 2021 2.375 99.961 MS+4, T+24.35 2.388 Jan 17 2018 Dexia CL US$1.5bn Jan 2 ...

BONDS SUMMARY DETAILS MS+6 area, MS+5 area US$2.1bn, 57 acs Aaa/AAA Citi/Nomura/Nordea/TD EMEA 38%, LatAm 23%, N.Amer 21%, As ...

GLOBAL BOND SUMMARY DETAILS: WEEK ENDING 19/1/2018 (CONTINUED) Pricing date Issuer Amount Maturity Coupon (%) Reoffer Spread (bp ...

BONDS SUMMARY DETAILS Pricing steps NIP (bp) Book size Ratings Bookrunners Distribution ASW+60 - - Aaa/AAA/- Daiwa/JPM/TD - ASW+ ...

GLOBAL BOND SUMMARY DETAILS: WEEK ENDING 19/1/2018 (CONTINUED) Pricing date Issuer Amount Maturity Coupon (%) Reoffer Spread (bp ...

BONDS SUMMARY DETAILS Pricing steps NIP (bp) Book size Ratings Bookrunners Distribution T+85 area 2.5 US$2.6bn A2/A BAML/Citi/MS ...

GLOBAL BOND SUMMARY DETAILS: WEEK ENDING 19/1/2018 (CONTINUED) Pricing date Issuer Amount Maturity Coupon (%) Reoffer Spread (bp ...

BONDS SUMMARY DETAILS Pricing steps NIP (bp) Book size Ratings Bookrunners Distribution MS+low 40s, MS+40 (+/-2) €500m, >8 ...

GLOBAL BOND SUMMARY DETAILS: WEEK ENDING 19/1/2018 (CONTINUED) Pricing date Issuer Amount Maturity Coupon (%) Reoffer Spread (bp ...

BONDS SUMMARY DETAILS Pricing steps NIP (bp) Book size Ratings Bookrunners Distribution MS-7 area, MS-10 (+/-1) 2 >€2.2bn, 90 ...

Start the week with IFR’s Capital Markets Week Ahead email: a brief, global, cross-asset class look at the key capital markets d ...