Menu

Category: Market news

International Bond Dealers Welcome in Canadian Fixed Income Market, Regulators Say

September 9, 2016
| No Comments
| Categories: All News, Market news

Regulators clarify rules regarding trading for international dealers in Canada Source: Financial Post The Canadian Securities Administrators says it’s willing to grant regulatory relief to ensure that international dealers can participate in the Canadian bond market. The CSA’s statement is a response to a letter the Canadian Bond Investors’ Association sent to the Ontario Securities Commission…

Read More›

Emerging Markets: Catch the Yield Where You Can

September 2, 2016
| No Comments
| Categories: All News, Market news

Large U.S. corporates are diversifying by issuing in foreign markets and currencies Source: The Wall Street Journal Not to worry, there are a few more corners of yield left in the world of bonds. The latest target: emerging-market bonds in local currencies. After pulling out cash for the past three years and into the first quarter…

Read More›

Big Oil Companies Binge on Debt

August 25, 2016
| No Comments
| Categories: All News, Market news

Oil price rut fuels soaring debt levels for energy companies Source: The Wall Street Journal Some of the world’s largest energy companies are saddled with their highest debt levels ever as they struggle with low crude prices, raising worries about their ability to pay dividends and find new barrels. Exxon Mobil Corp., Royal Dutch Shell PLC,…

Read More›

Corporate Bond Market Shows Fears of a Fed Rate Rise

August 17, 2016
| No Comments
| Categories: All News, Market news

Rise in interest rates will impact corporate borrowing programs Source: The Wall Street Journal The prospect of a Federal Reserve rate rise has investors in the U.S. credit markets less willing to make long-term bets. That may sound counter-intuitive, given that two exchange-traded funds that track long-term corporate bonds are both up 14% this year, making…

Read More›

Debt is fuelling the most stock buybacks since 2001

August 10, 2016
| No Comments
| Categories: All News, Market news

Bond sales, low interest rates are powering share repurchases Source: The Globe and Mail As earnings stagnate, U.S. companies looking to charge up their stock returns with repurchases are turning to debt markets like no time since the dot-com bubble. Led by Apple Inc. and CBS Corp., S&P 500 constituents have rushed to sell bonds to…

Read More›

Fintechs Can Help Incumbents, Not Just Disrupt Them

July 29, 2016
| No Comments
| Categories: All News, Market news

Fintech innovation through partnerships will be key for digital transformation of fixed income capital markets Source: McKinsey & Company While true for other financial services, it’s most striking in corporate and investment banking. Fintechs, the name given to start-ups and more-established companies using technology to make financial services more effective and efficient, have lit up the…

Read More›

Global Bond Market Finds Bright Spot in Canada

July 27, 2016
| No Comments
| Categories: All News, Market news

As foreign investors seek opportunities in fixed income, Canada is an attractive prospect. Source: Wealth Professional One man’s loss is another’s gain, as they say. And as the current situation in the bond market shows, the maxim applies equally to entire countries and markets. According to an economic analysis by Warren Lovely, managing director and head of…

Read More›

The AAA Credit-Rating Club is Getting Cozy and Canada Stands to Benefit from it

July 15, 2016
| No Comments
| Categories: All News, Market news

Silver lining in flat interest rate environment. Canada is part of an exclusive, shrinking club of top tier sovereigns. Source: Financial Post The number of countries with a pristine AAA credit rating is shrinking and fund managers say Canada stands to benefit from being in the ever-more exclusive club. Both Fitch and Standard & Poor’s downgraded…

Read More›

Deutsche Bank Poses Greatest Risk to Global Financial System

July 8, 2016
| No Comments
| Categories: All News, Market news

As shares slide to record lows, Deutsche Bank poses a significant risk to the health of the global economy. Source: The Wall Street Journal FRANKFURT—Deutsche Bank AG is the riskiest financial institution in the world as a potential source of external shocks to the financial system, according to the International Monetary Fund. “Among the G-SIBs (globally systemically…

Read More›

Bank Of China Plans Multi-Currency Green Bond

July 5, 2016
| No Comments
| Categories: All News, Market news

By entering the green bond market, the Bank of China potentially signals their interest in tackling increased pollution. Source: Morning Star Bank of China is planning a multicurrency green bond offering to fund eligible green projects, according to a mandate announcement. The Chinese lender plans to issue U.S. dollar-denominated and euro-denominated green bonds via its Luxembourg branch,…

Read More›