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…
IOSCO featured Overbond in the Global Report on Fintech as an emerging innovator in bond issuance About this Report The Board of the International Organization of Securities Commissions (IOSCO) tasked the Committee on Emerging Risks (CER) to collaborate with other IOSCO Committees and lead a study on the evolution of Financial Technologies, including its…
The Citi Tech for Integrity Challenge (T4I) has a single goal: to encourage technology innovators from around the world to create cutting-edge solutions to promote integrity, accountability and transparency in the public sector and beyond Source: PYMNTS.com While much has been said and written about the power of technology and its power to build a better…
Despite prospects of a U.S. repatriation-tax holiday, the cash-rich Apple is planning to sell $10 billion of bonds in its first trip to the bond market in 2017 Source: Investor’s Business Daily Apple is selling $10 billion of notes in its first trip to the bond market in six months, becoming the second cash-rich technology company…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
