Trouble ahead for traders as number of issued bonds climbs
According to data from Moody’s Investor Services, the US investment-grade companies should have few problems refunding their debt in 2022, which is useful given...
Calls on UK to issue first green sovereign bond with 10 to 12yr maturity...
A majority of investors and banks are calling on the UK government to issue its maiden sovereign green bond with a 10–12-year maturity next...
Electronic trading volume in US fixed income hits record
Electronic trading of US investment-grade and high-yield bonds reached an all-time high in July according to data from Coalition Greenwich.
Overall electronic trading accounted for...
Tradeweb poaches Dan Cleaves to lead Dealerweb CLOB
Market operator Tradeweb has appointed Dan Cleaves, the former CEO of Brokertec Americas, as a managing director in its Dealerweb wholesale unit.
He said, “The...
Sub-2bps bid-ask spreads in US IG are below pre-crisis levels
The US investment grade (IG) credit market is seeing very tight bid-ask spreads in 2021, according to the Composite Plus (CP+) data supplied by...
Aegon AM wins short-dated investment grade bond mandates
Aegon Asset Management’s reports it has won two UK clients totalling £325 million for its short-dated investment grade bond strategy, with a further mandate...
DirectBooks live with euro and sterling investment grade deals
Sell-side consortium DirectBooks, is now live with Euro and Sterling Investment Grade bond deal announcements on its bond issuance platform. The platform launched in...
Green bond issuance off to strong start in 2021
As a result of the stronger-than-expected green bond issuance so far in 2021, NN Investment partners has raised its projection for full-year issuance to...
AFME confirms HY deals on par with pre-Covid levels
In a new report on high yield (HY) bonds and leveraged loans, the Association of Financial Markets in Europe (AFME) has found that since...
SIFMA finds support for shift in benchmarking of 20-year US corporate bonds
The spread for many legacy 20-year US corporate bonds is benchmarked against the 30-year Treasury, but trade body SIFMA has found support for moving...
