Saudi Arabia taps bond market for $12.5bn

 Saudi Arabia draws on fixed income investor demand as it seeks to offset oil strains, issuing $12.5bn in 30-year bonds. Source: Financial Times Saudi Arabia has launched the largest debt sale by an emerging market government this year, pushing Middle Eastern debt issuance to a record high. The kingdom’s $12.5bn fundraising includes a 30-year bond,…

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Greece considers bond swap as it looks to bailout exit

 As it is preparing to exit its international bailout and resume normal financing operations, Greece is considering swapping 20 small bond issues for four or five new ones. Source: CNBC Greece is considering swapping 20 small bond issues for four or five new ones, government sources said, as it prepares to exit its international bailout and…

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Don’t Worry About ECB Stimulus Even After Bond Buying Stops

Oxford Economics calculations suggests steady balance sheet from ECB will keep bond yields down Source: Bloomberg Markets As the European Central Bank brainstorms scenarios for winding down its 2.3 trillion-euro ($2.8 trillion) asset-purchase program, there is what may sound like a chicken-and-egg problem to solve. It goes as follows: when the central bank buys bonds and its balance sheet grows,…

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‘Peculiar’ Market Strikes Again With Sale of 100-Year Austrian Bond

The hunt for yield has scoured the Steppes and passed through the Pampas. Now it has scaled the Alps, with over 11 billion euros of orders placed for Austria’s first century bond. Source: Bloomberg Markets The hunt for yield has scoured the Steppes and passed through the Pampas. Now it has scaled the Alps. Investors placed almost 11 billion euros…

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Austria set to issue century bond; bids top €11bn

Austria is set to raise at least €1bn in 100-year debt; bids from potential investors have already topped €11bn. Source: Financial Times Austria is set to raise 100-year debt in the latest indication of hot investor demand for long-dated sovereign bonds. It aims to raise at least €1bn; bids from potential investors have topped €11bn,…

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Overbond Expands Primary Bond Market Deal Capabilities with Corporate Bond Intelligence and OpenFin Integration

New product breakthrough applies machine learning and predictive analytics to match investors with real-time credit investment opportunities TORONTO and NEW YORK — September 12, 2017 — Overbond Ltd., the first end-to-end capital markets fintech platform for primary bond origination, has launched COBI Opportunities, a new proprietary issuer-investor matching solution for primary bond markets. COBI (Corporate…

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Canada’s Green Bonds are red hot

EDC’s latest new issue of $500 million green bonds sold out in less than a week, turning away over $1 billion of unfilled investor demand. Source: National Observer Canada’s federal credit agency has turned down nearly $1 billion in eco-friendly investments after selling out the latest batch of its specialized ‘Green Bonds‘ in less than…

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