Jon Penner is a senior reporter/analyst on IFR Markets for live Eurobond issuance and secondary market commentary, also covering regional and Swiss Franc issuance for IFR magazine. He has spent almost 20 years in the markets in the back office, as a broker, a salesman and a trader before settling into writing about it. He joined IFR in 2006 and is based in London.
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Alexander Seiler has taken over as head of securities at Raiffeisen Schweiz, in charge of fixed income trading and sales, capital markets and equity trading.
A rare beast in the Swiss market surfaced on Tuesday, with Nederlandse Waterschapsbank bringing its first deal in the currency since 2012.
Argentina returned to the Swiss franc market last Thursday after an absence of nearly two decades, although the sovereign’s lowly ratings and chequered history meant the deal was an acquired taste for investors.