Top Stories from IFR Magazine - SSAR
UniCredit has followed Intesa Sanpaolo in admitting that the sell-off in Italian government bonds last quarter has had a painful impact on its capital strength, showing the link between banks and sovereign bonds remains high.
Turkey could be heading for a banking crisis within months unless the country’s authorities get a grip on economic policymaking.
The International Bank for Reconstruction and Development - more commonly known as the World Bank - is marketing the world’s first public blockchain bond. And it has chosen to go a long way from its Washington DC headquarters to do the deal.
Four regular Triple A rated SSA visitors raised a combined A$450m (US$333m) from the Kangaroo market last week.
A flurry of SSA issuers hit the sterling market last week, taking advantage of an attractive funding backdrop in the currency as supply in other currencies ground almost to a halt.
The World Bank’s first euro trade in almost two years just managed to get over the line last week as investors baulked at the tight print on offer.