Bullish Fed talk puts MBS supply in spotlight
Concerns around the supply of MBS are in focus as bullish talk from the Federal Reserve on interest rate hikes points to a “live meeting” in March.
View ArticleHome prices aiding defaults, but equity loans a concern
Rising home prices are driving lower rates of mortgage defaults, but an increasing number of borrowers taking out home equity loans could offset strengthening housing fundamentals.
View ArticleEliminate implicit bias to boost gender parity - Men of WiS
The all-male Women in Securitization (WiS) panel - a detail that sparked some controversy prior to SFIG Vegas - concluded that unintentional implicit bias at all levels of an organization has stifled...
View ArticleCLO equity sentiment buoyant compared to SFIG 2016
CLO equity investors at SFIG Vegas were in an upbeat mood in a panel discussion on Monday, but with rate rises and political risks looming they said this was no time to get comfortable.
View ArticleGrowth of CRT could lead to complacency around GSE reform
The positive track record of the government sponsored enterprises’ credit risk transfer programs could result in less urgency among market players to reform Fannie Mae and Freddie Mac, said speakers on...
View ArticleCommercial solar lenders plot growth
There is plenty of room for growth in commercial solar securitization, SFIG Vegas attendees heard on Tuesday, and lenders need capital markets access to fund it. But the lack of scale in the market is...
View ArticleHKEX ends mixed year for RMB products
The Hong Kong Exchange traversed a difficult financial year, marked on the one hand by sagging trading on the Stock Connect, and on the other a surge in RMB FX derivatives activity. For 2017, HKEX’s...
View ArticleCredit Suisse rejigs Apac global markets unit
Credit Suisse has made some senior level changes to its Asia Pacific global markets team, which underwent a restructuring in the middle of last year.
View ArticleRaring to go: issuers seek out dollar debt
Beijing Properties (Holdings), China Everbright Bank and Olam International were vying for investors’ attention on Wednesday in what is a busy week for dollar issuance in Asia ex-Japan.
View ArticleTrio join Żabka deal
Three banks have joined the syndication for the Z2.7bn ($661m) loan CVC is using to fund its takeover of Polish supermarket Żabka Polska.
View ArticleVW's UK ABS prices at tight end
VW's UK auto lease ABS, Driver UK Five, priced its £340m 2.02 year class 'A' at 45bp, the tight end of the mid-high 40s guidance, as the issuer aimed to re-establish its pricing in the market after the...
View ArticleInternational Investment Bank launches inaugural Schuldschein
Multilateral development agency International Investment Bank (IIB) launched a debut Schuldschein (SSD) on Wednesday.
View ArticleNatWest poaches bond trader from SC Lowy
Natwest Markets, the wholesale banking business of Royal Bank of Scotland, has hired for its bond trading team Hussain Nasser, who left SC Lowy in November.
View ArticleBioPharma Credit launches $300m London IPO
BioPharma Credit, the closed end investment company focused on life sciences, has announced the largest UK IPO of the year so far.
View ArticleBlackRock inaugurates US RQFII market
BlackRock has received the very first RMB qualified foreign institutional investor (RQFII) quota under the US allocation from the State Administration of Foreign Exchange, in yet another sign that...
View ArticlePanda a no-go for China Orient AM
China Orient Asset Management (International) Holdings’ proposed Rmb2.8bn ($407m) Panda bond programme on the Shanghai Stock Exchange has been cancelled.
View ArticleAsset managers lobbying for better ETF Connect deal
International asset managers are pushing for a more liberal version of the upcoming China-Hong Kong ETF Connect, with the focus on whether ETFs will be considered as stocks or funds by the regulators.
View ArticleMongolia flags off $600m bond after IMF lifeline
The leads working on the government of Mongolia’s keenly-watched dollar bond have opened books, guiding investors towards a seven year deal at the 8.25% area.
View ArticleBond deluge as corporates, FIGs hunt for deals
The strength of the primary debt market in Asia shows no signs of abating, with a number of borrowers heading out on Thursday for fresh dollar fundraisings.
View ArticleDraghi's French dilemma
The European Central Bank, after two years spent rewriting the central banker’s rule book doing “whatever it takes” to drive up inflation, is now in the tricky position of maybe having overshot. But...
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