FRONT STORY CORPORATES
Investors push back in sterling
One deal pulled, another relaunched
Balance of power seen shifting
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Eleanor Duncan
BONDS
SSAR Corporates FIG Covered Bonds High-Yield Structured Finance
“Conditions in markets are pretty
poor, and that’s particularly
noticeable in sterling. Two
or three investors make a big
difference in the sterling market,
and issuers need that core
investor base to get deals done”
Source: Refinitiv Eikon
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04/01/
2018
18/10
bp
BRUISED, BUT NOT BATTERED
THE IBOXX GBP NON-FINANCIALS INDEX