MTNs and CP

Covered Bonds

• OP’s stellar jumbo proves covered market strength in appalling week for bonds
• Volatility dampens covered hopes despite yield hunger

Senior Debt

• KEB mulls dollar bond, plots roadshow
• Risk-off movements concentrated in front end, say bankers
• Standard Chartered reaches Rmb1bn ECP summit with third clip
• Senior looks to covered bonds, corporate sector for lead
• Vietinbank brings Vietnam lenders to dollars
• Tesco Bank hits record with £200m retail deal

Bank Capital

• Beazley uses excess liquidity to buy back LT2
• OP’s stellar jumbo proves covered market strength in appalling week for bonds
• Europe CRD agreement brings Basel III closer
• Bankia hits back as pressure mounts on Spain’s banks
• Volatility dampens covered hopes despite yield hunger
• HSBC’s Flint warns on one-size-fits-all bail-ins
• Cyprus Popular looks at capital with LM, rights issue plans
• Arkéa hits 54% participation rate
• Delta Lloyd eyes sub deal

Securitisation

• ABS bankers say RMBS is ready to cope without JP Morgan
• Aussie auto ABS offers bonds in sterling
• Obvion sticks with euros for Storm 2012-3 RMBS
• Santander UK raises £2.25bn through Fosse RMBS in torrid week
• Prime ABS nonplussed amid euro chaos
• B&B Aire Valley master trust reaches non-asset trigger in expected breach
• Sabadell buys back €925m of ABS as investor participation increases
• Strong bid likely as BNP Paribas consumer loan subsidiary brings French auto ABS
• Downgrades to hit UK RMBS counterparties

Equity

• EFG offers claw-back in treasury sale
• Morgan Stanley wins LSE mandate
• Barclays launches $6bn BlackRock sale to beat Basel
• TransCap offers 35% discount in SA listing
• Troika push still on in FIG, equity syndicate
• Scor strengthens last line of defence with €75m top-up to UBS Coco line

MTNs and CP

• Standard Chartered reaches Rmb1bn ECP summit with third clip
• Moody’s wait sees investors shorten tenors, cut exposure
• Money market funds may drop Moody’s amid ‘frustration’
• NIBC Bank makes return to private placements

Emerging Markets

• Dubai Islamic Bank launches benchmark sukuk
• VTB sets sights on Sing dollars and sukuk this year
• Sukuk holders approve Gulf Finance House restructuring
• Saudi Fransi’s bulging sukuk book shows Islamic finance power
• Bank of Georgia braves volatility to roadshow bond

Loans

• Garanti Leasing returns with murabaha

Covered Bonds

• OP’s stellar jumbo proves covered market strength in appalling week for bonds
• Volatility dampens covered hopes despite yield hunger