Investment-grade corporate bond issuance has reached $140 billion this month, the second strongest January in the past decade behind 2017. Source: The Wall Street Journal Corporate bond prices pushed higher Friday, extending a rally that has spurred a wave of issuance by companies of all kinds. New bond sales by U.S. high-yield and investment-grade companies…
The volatility in equities are steadily moving higher in sovereign yields and a strong demand for debt are likely to be the reasons the corporate bond market has held firm. Source: Financial Times As investors sought to digest the first swoon in US stock markets since early 2016, chipmaker Broadcom outlined plans to tap the debt…
Corporate bonds may make up a larger share of the European Central Bank’s asset purchase program next year Source: Reuters Corporate bonds may make up a larger share of the European Central Bank’s asset purchase program from January when it will halve the size of the scheme to 30 billion euros ($35.3 billion) per month,…
Bonds sold by Apple, Sprint, Oracle, AT&T and Qualcomm suffer from pressure on market. Source: Financial Times Bonds sold by some of the country’s largest technology, media and telecommunications companies have come under pressure this month, buffeted by sparring in US Congress over tax reform and as investors face a spate of multibillion-dollar new debt…
NY Fed findings say reforms including the Dodd-Frank Act and Basel III regulation have constrained banks in their ability to trade corporate bonds, leading to “adverse impact” on bond-level liquidity. Source: Financial Times Regulations designed to safeguard the US from another financial crisis have damped corporate bond trading activity, according to the Federal Reserve Bank of…
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…
TORONTO — June 29, 2016 — Overbond Ltd., the first fintech entrant into the new bond issuance market, has launched an end-to-end platform and support framework for primary bond origination. The fully-digital Overbond platform for primary bond issuance provides higher transparency, better price discovery, and investor diversification for all counterparties in the primary bond market….
A powerful new fintech platform paves the way towards the future of digital bond origination. Toronto, Ont., Canada — April 25, 2016 — For the past fifty years, the process of corporations raising money in the bond market hasn’t changed much. Bankers and corporations call each other and send individual files, one at a time,…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
