Overbond featured in Global Risk Regulator analysis as fintech platform that enhances regulatory compliance and regulatory reporting capabilities for primary bond market participants Source: Global Risk Regulator The market structures that help to mitigate systemic risk could be under threat if financial technology (fintech) firms become too successful too quickly. In a speech given to a…
Canada’s federal government will issue $142 billion of bonds next fiscal year, $7 billion higher than the previous year’s record, to finance its growing budget deficit Source: Financial Post The amount eclipses the previous year’s record of $135 billion, which was revised up from a projected $133 billion. The bulk of the issuance will be in…
Foreign investors own just 1.2 percent of China’s $9 trillion bond market, but Wall Street’s attitude toward Chinese bonds may soon change Source: CNBC Suddenly, Wall Street is getting more serious about investing in Chinese bonds. The “potential demand is tremendous,” Rick Rieder, global chief investment officer of fixed income at BlackRock, told CNBC Tuesday. Major…
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In a move to limit the disruption to investors, a coming rule change has triggered a surge of Formosa bonds: Issuance is up 81% year-to-date to $17.1 billion Source: The Wall Street Journal Big U.S. companies like Apple Inc. and Pfizer Inc. have the world’s largest corporate bond market in their backyard. So why have they…
The market closely scrutinizes Yellen’s speech as to clues on a probable rate hike, with the forward market already pricing in a 80% possibility that a rate hike will occur this month Source: BusinessDay The South African bond market was firmer in late afternoon trade on Friday, ahead of US Federal Reserve chair Janet Yellen’s last…
One of the most exciting and dynamic shifts in the financial world is the way that new financial technologies — ‘fintech’ — have penetrated various sectors within the market. The finance world is undergoing a dramatic shift experienced in other established industries (like publishing) that are built on information as opposed to concrete goods. Over…
Issuance could remain muted for much of the rest of 2017 despite fund managers pouring record amounts of money into the bonds at the start of the year Source: Bloomberg Blue-chip U.S. companies are pulling back from borrowing just when investors most want to lend. Investment-grade corporate bond sales were $95.8 billion in February, the worst…
With a shortage of supply and diversification, local fund managers are battling over what few maple issues there are Source: Financial Post The world’s largest banks are breathing life into the maple bond market after years of malaise in the aftermath of the global financial crisis. Morgan Stanley sold $1 billion of bonds in the Canadian…
With trading volumes for US corporate bonds up
