PayPal Borrows $5 Billion in Debut Bond Deal as the Blistering Pace of Issuance Continues Source: Bloomberg PayPal Holdings Inc. kicked off its debut bond offering as the investment-grade market reignited. The digital payments company sold $5 billion of senior unsecured bonds in four parts. The longest portion of the offering, a 10-year security, will…
49 US Corporate Bond Deals in 30 Hours as Yield Drops to Record Low Source: Bloomberg Corporate America is lining up at the debt trough again. Companies are borrowing $74 billion in the U.S. investment-grade bond market this week, the most for any comparable period since records began in 1972. Since Tuesday, corporations including Coca-Cola…
As India’s $10 Billion foreign bond issuance has caused confusion, what options do investors have? Source: Yahoo With India’s plans for its inaugural overseas bond sale shrouded in confusion, investors are assessing the government’s options for the $10 billion offering. The departure of the official handling the sale and reports of opposition from the prime…
Over the past two years, we have witnessed profound changes in the fixed income marketplace with counterparties increasingly adopting quantitative investing and liquidity risk monitoring techniques. These include adoption of new methods of analysis such as AI analytics like COBI-Matching algorithm. Source: Overbond Fixed Income Artificial Intelligence The financial services market is embracing digital processes…
Buying into the corporate bonds market still requires calling an investment dealer’s trading desk most of the time, which has remained unchanged for several decades. Source: The Economist Manual trading has all but disappeared in much of finance. Most stock exchanges no longer have shouting floor traders; anyone from retail investors to the largest asset…
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…
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 $90 billion of green bond issuance last year, it is expected that other sovereign countries, after France, will follow suit Source: Bloomberg After Paris hosted the 2015 Climate Change Accord, it’s fitting that France is pioneering one way in which it might be paid for: green bonds. The country is making its debut appearance in…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
