Index numbers drop but fixed income and ESG show growth

Fixed Income asset class increased the most while global index numbers fall in the third Index Industry Association (IIA) global index survey Source: ETF Express The Index Industry Association (IIA) has announced the results of its third annual global index survey, revealing that the number of indexes globally has decreased year on year by 20…

Read More

ESG bond issuance jumps by 11 times in 3 years

Higher Demand in ESG Bonds has Caused it Issuance to Jump 11x in 3 years Source: Korea Times The issuance of ESG bonds here has surged this year, as a growing number of entities, ranging from state-run firms to banks, have joined the trend to invest in environmental and social initiatives. ESG bonds refer to…

Read More

PayPal Borrows $5 Billion in Debut Bond Deal as Market Reignites

PayPal Borrows $5 Billion in Debut Bond Deal as the Blistering Pace of Issuance Continues Source: Bloomberg PayPal Holdings Inc. kicked off its debut bond offering as the investment-grade market reignited. The digital payments company sold $5 billion of senior unsecured bonds in four parts. The longest portion of the offering, a 10-year security, will…

Read More

Bond Issuance International AI

Overbond’s primary fixed income prediction model for global issuance, COBI Bond Issuance International AI, combines the capabilities of COBI-Pricing, COBI-Issuance and COBI-Bond Buyer Matching and delivers on issuance discovery in all G-10 currencies with issuance opportunity monitoring and matching with institutional investment preferences. It is an advanced three phase AI algorithm engineered to measure best…

Read More

With 49 Deals in 30 Hours, U.S. Corporate Bond Market Ignites

49 US Corporate Bond Deals in 30 Hours as Yield Drops to Record Low Source: Bloomberg Corporate America is lining up at the debt trough again. Companies are borrowing $74 billion in the U.S. investment-grade bond market this week, the most for any comparable period since records began in 1972. Since Tuesday, corporations including Coca-Cola…

Read More

Ever Thought Of A 100-Year Green Bond? French Railway Firm Is Pitching The World’s First

French railway network operator SNCF to take over the title of world’s longest maturing 100-year green bond Source: Forbes It seems green bonds, sometimes referred to as climate bonds, are becoming ever so popular by the day with issuance tipped to reach record levels in 2019. However a French railway firm has notched industry trend…

Read More

Germany sells new 30-year bond with negative yield, a first

Investors are essentially paying governments to hold their debt as Germany issued 30-year, negative yield bonds for the first time Source: Reuters Germany sold 30-year bonds with a negative yield for the first time at an auction on Wednesday, a milestone for a fixed-income market where the entire curve now yields less than zero. The…

Read More

Overbond AI Opens R&D Labs in Montréal

Master’s, Doctoral and Post-doctoral Fellows From HEC Montréal And Concordia Universities Develop Forward Bond Pricing Applying AI Montreal and NEW YORK – August 15, 2019 – Overbond Ltd., a fixed income capital markets fintech for AI predictive analytics, announces the opening of its Montréal-based R&D Labs as well as a partnership with HEC Montréal, Concordia…

Read More

Boeing intends to issue debt to fund Embraer purchase

Boeing to issue debt to acquire Embraer by the end of the year as it tries to maintain strong balance sheet while losses from 737 Max continue to rise Source: Flight Global Boeing intends to issue debt to fund the majority of its planned $4.2 billion acquisition of Embraer’s commercial division, a deal the companies…

Read More