At the end of October, the six banks plus the Fédération des caisses Desjardins du Québec have more than $140 billion of covered bonds outstanding Source: Financial Post Covered bonds, which have been part the financial landscape in Europe for about 250 years, continue to be an attractive source of funding for a group of…
S&P downgraded South Africa’s long-term foreign currency debt by one notch to ‘BB’ and its local debt by a notch to ‘BB+’, citing a deterioration of the country’s public finances on account of weak GDP growth. Source: Moneycontrol On Friday, Africa’s most industrialised country got a harsh reality check from the financial world. Rating agency…
European Commission to launch public consultation on ways to improve market functioning Source: The Wall Street Journal The European Commission wants answers to an intriguing question: Why is it becoming harder for people to trade corporate bonds, even though companies are issuing more of them? The commission—the executive arm of the European Union—plans to launch a…
Demand for green bonds and other ethical investment securities is raising the prospect of the market developing a premium over conventional debt. Source: Financial Times Growing demand for ethical investment securities such as green bonds is raising the prospect of the market developing a premium over conventional debt. As volumes of environmentally friendly and socially…
Kinyu Keizai Shimbun interviews Mr. Han Ryoo, Co-founder & Head of Product at Overbond Ltd. during FIT 2017 in Tokyo Source: Kinyu Keizai Shimbun Overbond, based in Toronto, Canada plans to begin operations in Japan in early next year. Han Ryoo, Co-founder and Head of Product, visited Japan in late October to build up its…
How does Canada’s economic environment today compare and contrast with the country’s Goldilocks period of a decade ago? Source: BlackRock For those too young to remember, from 2004 to 2007, fixed income markets witnessed a period of low volatility, even as central banks were raising rates and the yield curve flattened. GDP growth was steady,…
Overbond Ltd. is looking to shake up the primary bond market by broadening access to its digital platform that connects investors with corporate issuers, as it expands services into larger U.S. market. Source: Bloomberg Overbond Ltd. is looking to shake up the primary bond market by broadening access to its digital platform that connects fixed-income investors…
Corporate bonds may make up a larger share of the European Central Bank’s asset purchase program next year Source: Reuters Corporate bonds may make up a larger share of the European Central Bank’s asset purchase program from January when it will halve the size of the scheme to 30 billion euros ($35.3 billion) per month,…
Overbond expands operations with digital omni-channel strategy and New York office to target $40 trillion U.S. bond market TORONTO and NEW YORK — (November 17, 2017)— Overbond Ltd., the first end-to-end Capital Markets platform for primary bond origination and fixed income deal execution, has expanded real-time access to the Overbond Platform to all US corporate…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
