Bond market is strengthened with digitalization

 Kinyu Keizai Shimbun interviews Mr. Han Ryoo, Co-founder & Head of Product at Overbond Ltd. during FIT 2017 in Tokyo Source: Kinyu Keizai Shimbun Overbond, based in Toronto, Canada plans to begin operations in Japan in early next year. Han Ryoo, Co-founder and Head of Product, visited Japan in late October to build up its…

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Overbond Secures $7.5M in Seed Financing

Injection of Capital Positions Overbond to Transform Investment Banking and Bond Issuance Market. TORONTO — June 16, 2016 — Overbond Ltd., the first fintech platform for digital bond issuance, has closed a $7.5-million seed financing round with Morrison Financial Services Limited. The deal marks a significant step forward for the company as the first fintech…

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New Fintech Platform Overbond Aims to Disrupt ‘Opaque’ Bond Market

Overbond co-founders Han Ryoo and Vuk Magdelinic in Toronto Source: The Globe and Mail Financial technology is changing how people borrow, save and invest, and is now infiltrating one of the stodgiest areas of financial services: the fixed-income market. Overbond is a relatively new Toronto-based fintech with a cloud-based pricing communication platform that automates tasks for…

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This $600 Billion Bond Manager Says Don’t Count on Liquidity

Changing market structure resulting in historically low fixed income market liquidity presents challenges but also opportunities for fixed income investors Source: Bloomberg Michael Lillard, who oversees more than $600 billion as head of fixed income at Prudential Financial Inc.’s asset manager, said investors have to adjust to a market in which it’s become more difficult to…

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As Bond Yields Rise, Some Investors Fear Another False Dawn

Promising signs in the bond market, as yields are heading higher around the world, a move typically linked to rising expectations of economic growth and inflation. Source: The Wall Street Journal As the Federal Reserve’s policy-setting committee prepares to meet on Tuesday, one signal suggests that investors believe the economy, and financial markets, may be finding…

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Investors turn south as Canadian high-yield bond market shrinks

  Riskiest corporate bonds in Canada may need better access to investors Source: Globe and Mail  The Canadian market for the riskiest corporate bonds is disappearing. Sales of high-yield bonds issued in the Canadian currency have slowed to just one $250-million offering this year, compared with seven issues totaling $1.45-billion through the same period in 2014, according to…

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