Wednesday, 29 March 2017

Credit Derivatives

US bond supply approaches US$400bn as issuers return

28 March 2017

Investors piled into US corporate bond deals on Tuesday as the new-issue market reopened after several days of volatility driven by concerns around US government policy.

US companies put freeze on new bond deals

27 March 2017

US companies slammed the brakes Monday on new bond issuance, taking a pause in the busiest quarter ever to digest the fallout from the healthcare vote and its implications for tax reform.

LCH kick-starts client CDS clearing with Amundi

IFR 2176 25 March to 31 March 2017

Amundi has become the first European buyside client to begin clearing credit default swaps through CDSClear, LCH’s Paris-based clearinghouse.

US IG market takes breather ahead of vote

23 March 2017

The US high-grade bond market took a pause on Thursday, with prospective borrowers staying on the sidelines ahead of a closely watched vote in Congress on health care reform.

Troubled US retail space spells pain for bondholders

22 March 2017

Investors are shunning the bonds of US retailers, even though much of the paper from the troubled sector is available at bargain-basement prices.

Market sell-off bleeds into new bond issues

22 March 2017

US high-grade issuers were forced to offer higher-than-usual premiums on new bond deals Wednesday following a global sell-off triggered by doubts about President Trump’s reforms.