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…

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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…

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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…

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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…

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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…

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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…

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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…

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Finra to Expand Use of Machine Learning for Market Surveillance

As sophisticated fixed income asset managers are getting smart, Finra wants to get smarter with the use of Machine Learning for Market Surveillance Source: Waters Technology The Financial Industry Regulatory Authority (Finra) is in the process of expanding its use of machine learning for market surveillance as it continues to refine its algorithms to trace…

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India’s $10 Billion Foreign Debt Sale: Investors Debate Options

As India’s $10 Billion foreign bond issuance has caused confusion, what options do investors have? Source: Yahoo With India’s plans for its inaugural overseas bond sale shrouded in confusion, investors are assessing the government’s options for the $10 billion offering. The departure of the official handling the sale and reports of opposition from the prime…

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