Mergers & Acquisitions Financing with Bond Issuance
The FICC market (fixed income, currencies and commodities) is moving towards digitization and automation Source: eFinancialCareers Last month, the U.S. federal reserve raised interest rates for the second time in three months, the first of three rate hikes expected in 2017. While other markets — Japan, Europe and Canada — are maintaining record-low rates, inflation in…
Emerging market bonds from autocratic regimes have outperformed those in democracies over the past year Source: Bloomberg Dictatorships are on a hot streak in the bond market. In the past year, sovereign notes from emerging markets under autocratic rule have returned 15 percent on average, compared with just 8.6 percent for securities from developing countries considered…
Ted Carmichael analyses the factors contributing to the rising concerns about pricing boom in Toronto Real Estate Market Source: Ted Carmichael Global Macro Last year it was Vancouver house prices. This year it is the Toronto housing “crisis” that has politicians panicking. In March, the average Toronto house price was up 33% over a year ago….
“Green bond” issuance is growing fast with $150 billion expected to be issued this year Source: The Wall Street Journal “Green bond” issuance is growing fast, part of the overall trend of do-good investments becoming more popular. And U.S. fund companies are looking to tap into investor demand for these bonds, which finance environmentally friendly projects…
Leading global ETF performers evolved in 1Q17 that reflected, in part, the markets’ changing assessment of Trump’s ability to implement his election promises Source: Ted Carmichael Global Macro The first quarter of 2017 is in the books, so it’s time to review the performance of our global ETF portfolios. The quarter kicked off with the inauguration…
The Fed is expected to slow down their purchase of agency mortgage-backed securities thanks to the refinancing slowdown Source: The Wall Street Journal The Federal Reserve has been buying up fewer mortgage bonds in recent months thanks to a flameout of the American refinancing boom, one factor that economists say is likely to help shape Fed…
Over 75 Canadian startups have already pledged to donate equity to charity. TORONTO, ON, April 4, 2017 — Today The Upside Foundation, a national charity that makes it easy for early-stage or high-growth Canadian companies to give back in a meaningful way, announced the launch of their campaign, 150×150: Turn Equity Into Charity. The campaign…
European Governments and related organizations ramp up their sales of new debt as bond markets brace for rise in interest rates Source: Financial Times European governments and related organisations have ramped up their sales of new debt this year, in the latest sign of bond markets bracing for rises in interest rates and an increase in…
Source: MaRS blog: A 5-year look at fintech in Canada [infographic] Fintech companies in Canada are reimagining how we access and spend our money, as well as changing the way that banks and financial organizations interact with consumers. And investors are buying into their innovative solutions. From bank account security software that uses biometric identification…
With trading volumes for US corporate bonds up
