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Presents tabular and graphical representations of multilateral trade negotiations (MTN) and commercial paper issues in Europe as of November 2003. List of the top European MTN issuers; Breakdown of MTN by issuer type; Overview of closed yen trades.

The article discusses the highlights of the European Union's (EU) draft paper, entitled "The Long-Term Financing of the European Economy." According to EU officials, securitisation could help in reducing reliance on bank funding. They point out the need to develop corporate bond markets in Europe as an alternative to bank funding. They cite the Prime Collateralised Securities label initiative as the industry best practices on loan quality, transparency and simplicity.

The article focuses on the developments in the commercial paper market of Europe as of April 30, 2010. It was observed that investors have been ending their paper while others decided to cut their lines on Portuguese banks backed by the sovereign due to the downgrading of the country's local and foreign currency sovereign issuer credit rating and local and foreign currency short-term ratings. Details related to the bond issuances of the Republic of Portugal, Millennium BCP, and Allied Irish Banks are also given.

The article reports on the mixed performance of European paper companies in the bond market during the week of August 3, 2012. Some of these companies included Norske Skog, Stora Enso and Smurfit Kappa. Norske Skog's bonds rose by five points, while Stora Enso's issuance dropped. During the second quarter, Norske Skog's net interest-bearing debt dropped to 6.9 billion Norwegian krone (Nkr) while its cash flow increased to 423 million Nkr.

The article presents an update on the cédulas market in Europe as of April 2007. Grupo Banco Popular priced a €2 billion 10 year issue at 6 basis points (bp) over mid-swaps. Caja Madrid offers a €1.5 billion 15 year cédulas hipotecarias at 8bp over mid-swaps while adding €500 million to its €1.5 billion March 2036 deal at 10bp over mid-swaps. A 10 year paper from Banco Bilbao Vizcaya Argentaria issued in January is trading at 4bp/3bp over.

The article reports on strong demand for short-dated paper from double-B issuers in the European high yield market.

Presents updates on corporate bonds as of November 12, 2004. Decision of Ford Motor Credit Co. concerning the terms on its bond issue; Impact of several challenges in the U.S. automobile sector on the corporate bond market in Europe; Information on a subordinated debt to be issued by automobile financing company Volkswagen Bank.

Presents updates on multilateral trade negotiations and commercial paper issues in Europe as of February 6, 2004. Plan of the Slovak Republic to establish a EuroMTN and a EuroCP program; Development of a Treasury note program by Société Wallonne du Crédit Social; Inclusion of Deutsche Bank into the Dexia Financial Products Inc. EuroCP program.

Presents an update on the bond market in Europe as of March 2003. Price of the bond launched by the City of Prague in Czech Republic; Launch of a dollar-denominated 144A transaction by Russian holding company Sistema; Banks appointed by Turan Alem to lead manage a dollar denominated bond issue.

The article offers a commentary on a chart showing the performance dealers of private equity multinational notes and commercial paper in the European market as of October 2008. It states that Natixis placed at number 19 on the structured note table, while the last trade placed by dealer, according to Dealogic, was €155 million ten year inflation linked deal for CM-CIC covered bonds. On the other hand, Mitsubishi UFJ has overtaken Daiwa in 17th spot.

Presents tabular and graphical representations of the top multilateral trade negotiations markets and commercial paper issues in Europe as of June 26, 2003. Breakdown by Moody's ratings and by issuer type.

The article discusses the response of investors on subordinated and hybrid bonds issued in the European market. As they are attracted with these offerings, spreads were driven. This has resulted in questionable valuations of non-step-up structures and features such as mandatory deferral triggers. Some investors now consider the market overvalued, although the recent credit market weakness is providing selective opportunities.

Looks at how the high yield bond market was affected by the decline of technology, media and television (TMT) market in 2000. Expected performance of TMT market in 2001; Discussion on the status of TMT market; Information on the investment transactions of several finance companies in the TMT market.

The article discusses the issuances and refinancing plans of several financial institutions in the U.S. and Europe. Rabobank reportedly issued the largest ever 10-year euro deal from a financial institutions group (FIG) borrower as the covered bond market reached an issuance worth 10.25 billion euros. A 20 billion U.S. dollars worth of Yankee non-government guaranteed debt was sold by financial issuers. The deals entered by European and Australian banks in the 144a market such as Barclays Bank are deemed oversubscribed.

The article reports on the status of the European bond market in relation to the few interested high yield investors in M-Real Corp.'s bonds. On March 24, 2006, M-Real issued 500 million euros in new high yield paper with a coupon of 7.25 percent arranged deal by Barclays Capital and Deutsche Bank. The company had a negative outlook on investors that Craig Abouchar, manager of Insight Investments refused to buy the paper and regarded the company as single-B credit.

The article reports on the 1.5 billion euro lower tier two capital bond issue launched by Lloyds TSB Bank at the European financial institutions bond market on March 17, 2010. The lead managers of the issue are Deutsche Bank, Goldman Sachs, the Hong Kong and Shanghai Banking Corp. (HSBC), and Lloyds. The bond will mature on March 24, 2020.

Presents updates on issues and events related to the European bond market as of April 8, 2004. Move of Berlin-Hannoversche Hypothekenbank to increase its mortgage Pfandbrief; Total value of bonds added to the public sector Pfandbrief being offered by Dexia Hypothekenbank Berlin to investors; Launching of the public sector Pfandbrief floater by the Deutsche Genossenschafts-Hypothekenbank.

The article deals with the recovery of the sterling corporate bond market in Europe after telecommunications firms Motability, Comcast and France Télécom issued deals that traded strongly in November 2010. According to a syndicate banker in London, England, the deals showed the demand for sterling corporate paper in the market. The author states that Comcast has only tried the U.S. market before but it issued sterling bonds due to the cheap costs of funding in Great Britain.

The article reports on the resumption of bond issuance in the European market in September 2007. The author relates that expectations that financial institutions will be ready to resume bond issuance are fading. The author states that market participants in Europe are concerned about demand for senior paper and subordinated bonds. A chart on corporate bonds is also presented.

This paper focuses on the impact of the financial and economic crisis of 2008-2009 on the issuance of sovereign debt in the Central and Eastern European region and other developing countries. As a result of the fiscal rescue packages, the financing requirement of both developed and emerging countries has increased significantly since 2007, giving rise to substantial changes in risk appetite as well as considerable shifts in demand for the securities of various issuers operating in the global bond markets. During the most severe period of the crisis, only countries with the best credit ratings were able to obtain substantial amounts of funds, while less developed or emerging economies had limited options. In particular, shrinking borrowing opportunities translated into rising yields, weak auction demand and hence unsuccessful auctions. While the market turmoil did not spare less developed euro area countries either; these developments had a particularly negative impact on the government securities markets in the Central and Eastern European region. Although improving risk appetite prompted a parallel rebound in emerging sovereign bond markets, heightened competition for the shrinking financing resources raised the cost of funds in higher-risk economies considerably. Our findings show that - besides developments in risk appetite - demand for the sovereign bonds of emerging countries was also influenced by the crowding-out effect generated by the increased issuance of government papers in developed markets. [ABSTRACT FROM AUTHOR]

Reports that a group of leading European fixed income investors called for more stringent standards in the euro and sterling corporate bond markets. Areas where the investors published a paper in which they believe changes would make the market more efficient and less volatile; Goal achieved by the investors; Controversial proposal in the paper.

The article reports on the negative reaction of the bond market to comments given by European Central Bank (ECB) President Mario Draghi on August 2, 2012. It notes that the outlook for core credits in the market remains positive. It adds that the one billion euro deal issued by National Australia Bank indicates that the market is wide open for the right names. A syndicator claims that there is investor demand for financial institutions group (FIG) paper.

The article discusses the impact on Europe's loan market of Roche Holding's $16 billion bond issuance in the U.S. The $16 billion bond issued by the Swiss healthcare products firm, underlined the remarkable strength and depth of the U.S. dollar credit market. But with the company still on the fundraising trail for its $42 billion takeover bid for U.S. rival Genentech, the bond market in Europe, the loan market and the commercial paper market are braced for their turn soon to come.

This article discusses the plan of the European Central Bank (ECB) to make tender offers in October 2010. It assesses how the tender operation will affect rates of funding in the bond market. It identifies volatility in the dollar-euro basis swap market as the reason for the move of supranational, sovereign and agency borrowers not to issue in dollars. The article warns that tender offers made by the ECB in September cut excess liquidity in the system.

The article reports on the state of the bond market in Europe. The market has been shaken by volatility in the equity markets and has been feeling the effects of the poor fundamentals in the corporate sector. In February 2009, Moody's predicted that corporate default rates were likely to rise sharply over 2009, with 300 rated corporates likely to default on their debt globally this year.

The article focuses on the condition of the European high yield market as compared to the U.S. market. According to John Ong, global head of BNP Paribas, Europe junk bond market has liquidity characteristics similar to the U.S. market in terms of the number of investors, ability to buy and sell on a daily basis, demand for paper and the number of intermediaries. However, a London-based junk bond banker said that it takes a lot longer to put a deal in Europe than in the U.S. market

The article looks at the state of the European bond market during the week of June 27, 2008. Bad news, such as the announcement from Fortis that it will release &Euro;1.5 billion (bn) of shares, along with up to &Euro;2bn in hybrid instruments and other capital raising moves over the coming 18 months, did not encourage stability in the market. The market also saw supply from BNP Paribas, which sold &Euro;500 million (m) of perpetual non call 10 year paper to a small number of investors.

Focuses on the call of several credit investors for stricter standards in the euro and sterling corporate bond markets in Europe as of November 2003. Details on other proposals by the investors; Mixed reactions to the proposed rules; Role of the document in the European credit markets.

The article reports on the performance of the bond market in 2009. It states that from January to May 2009, European sovereigns, supranationals and agencies raised the dollar equivalent of $510.6 billion in new syndicated issues. According to George Richardson, head of funding at World Bank in Washington, the ten year euro market is much more developed and deeper than the ten year dollar market at the moment, so it makes sense to fund directly in euros.

Reports on the performance of the European high yield secondary bond market in January 1999. Total return for the month; Abundance of B paper; Lack of new issues.

Reports on the performance of the Eurosterling secondary bond market for the second week of January 1999. Effects of credit shock on market spreads; Demand for triple-A paper.

The article discusses the interest of U.S. multinational companies to enter the Eurodollar bond market. It mentions that an estimated 20 U.S. companies have been considering Eurodollar bond issues totaling around $2 billion U.S. dollars. It cites that foreign investors believe that if they lose on the price of Eurodollar bonds as rates increase, they will profit from the improving dollar. It notes that inflation in Europe and Japan may affect the position of the dollar versus other currencies.

The article reports on the impact of the news about the European war on the prices of commodities and stocks in 1940. It cites products that score good gains despite such news including metals, rubber and wheat. It presents charts that show the conditions of the stock and bond markets in the U.S. from 1939 to 1940.

The article reports on a record year-to-date volume reached by European junk bond new issues as European paper becomes increasingly in demand for investors, as of May 2014. Topics discusses include European high yield bond reaching 75.5 billion dollars year-to-date which is a 71 percent increase from the previous record set in the same period last year with 44.2 billion dollars.

French bonds, traditionally considered safe assets, have experienced a sell-off due to political risk and now yield more than Portuguese debt and only slightly less than Spanish debt. This shift in the hierarchy of European sovereign debt markets is significant, as it places France on equal footing with lower-rated economies that were once a threat to the euro zone. The sell-off was compounded by rumors of President Emmanuel Macron's resignation, raising concerns about France's public finances and the future of his pro-business agenda. This development highlights the importance of politics and fiscal outlook in the euro bond markets and raises questions about the stability of other countries, such as Italy. [Extracted from the article]

The article deals with the continuing increase in number of European corporates tapping the region's bond market. Some of the factors driving European borrowers to the European bond market include the ultra-low coupons and tight spreads on offer. It relates the amount raised by gas network Snam from the bond market. It outlines the amount of corporate investment grade and crossover paper issued in euros and sterling.

The article deals with the concerns of global syndicate bankers and investors about the corporate hybrid bond market of Europe after Italian gaming group Lottomatica and UCN added deals in November 2010. It mentions that most of the hybrid bonds in the continent are trading about 300 basis point (BP) wide of the five year senior paper of respective borrowers since September 2010. One of the deals announced by Lottomatica was a 500 million euros five or seven year senior bond which will be led by several banks including JP Morgan and Credit Suisse.

This article observes that the rally in the corporate bond market in Europe has started to lose momentum in February 2009. According to the article, the market takes time to absorb all the activity. It notes that although all the deals attracted strong investor interest, the rate of new deals has slowed to a steady stream after the torrent of issuance at the start of the year.

The article reports on the bond deals of Nokia and other companies in 2009. Nokia issued a dual tranche bond worth €1.75 billion. €1.25 billion has a five-year term at mid-swaps plus 250 basis points, while the remaining €500 million has a ten-year term at 315bp. Citi, Deutsche Bank, Goldman Sachs and JPMorgan are the book runners. Other bond deals cited are those by BASF Finance and Toyota Motor Credit Corp.

This article reports on the bond issues of Northern Rock. The market was braced for further volatility after news that Northern Rock had turned to the Bank of England for emergency funding. Speculation that the European Covered Bond Council would relax its stance on market-making commitments and ease the pressure on market-makers came to nothing when it merely acknowledged the volatility facing the market and accepted the wider bid/offer spreads necessary.

The article reports on the €3 billion fixed/floating issue launched by Danske Bank in the regional bond market in Europe. It cites that the floating issue lured as much as €6.6 billion of orders across both tranches. According to the author, the concept behind regional transactions is to drill down to smaller accounts including savings banks in Germany but also elsewhere in Europe. It states that Danske opted for a four lead approach in order to include the key regions in Europe where it wanted to sell the bonds.

The article stresses that the movement of lower tier two capital issuance which started in May 2007 continues in Europe. Approximately €5 billion of new paper reached the bond market without concessions when it came to pricing. Companies that dominated the lower tier two market are mentioned, including Natixis. A £200 million 20 year non-call 10 issue launched by Suncorp Insurance has completed the financing of its acquisition of Promira Group.

The article offers news briefs on the covered bond market in Europe as of March 2006. The latest AyT Cédulas Cajas global transaction has been priced at the wide end of guidance. Aktia Real Estate Mortgage Bank launched a Eu250 million seven year floating rate note via ABN Amro and Landesbank Baden-Wurttemberg.

Presents an update on the European corporate bond market as of June 17, 2005. Information on the price guidance for the perpetual non-call 10-year subordinated paper transaction of Swedish energy utility Vattenfall; Price of a perpetual non-call 10-year bond deal issued by German sugar producer Südzucker; Several corporate bond issuance in the European bond market.

Presents an update on the covered bond market in Europe as of June 17, 2005. Success of the mortgage-backed bond issue launched by the Bank of Ireland Mortgage Bank; Information on the first public sector Pfandbrief bond issued by Bayerische Hypo- und Vereinsbank; Price of the seventh bond issue from the Cédulas TDA programme.

Presents information on discussion papers about the bond and debt markets in Europe, released by the Centre for Economic Policy Research in December 2004. "European Bond Markets Under EMU," by Marco Pagano and Ernst-Ludwin von Thadden; "Interest Rate Setting by the ECB: Words and Deeds," by Stefan Gerlach.

Focuses on banks and credit in Europe as of March 12, 2004. Transaction for the public sector Pfandbrief bond issued by Hypothekenbank; Pricing for the year term cédulas hipotecarias deal of Banco Bilbao Vizcaya Argentaria; Impact of the Mortgage Bank Act on credit rating for the Pfandbrief.

The article reports on the efforts of bond issuers to examine the distribution capabilities of banks in the jumbo covered bond market. Bankhaus Schilling was one of a syndicate of 18 banks chosen by Depfa ACS Bank to distribute the €Eu1 billion (bn) 2-1/2 year transaction it launched in May 2007 in Europe. Carlos Stilianopoulos, head of treasury and capital markets at Caja Madrid, mentions the reasons why Spanish issuers are looking at the U.S. dollar market.

Focuses on the efforts of German mortgage banks to promote the jumbo Pfandbrief covered bond market in Europe. Economic reforms implemented in the primary markets; Significance of the development of mechanisms designed to cater a broader range of investors; Factor that led to the foreign currency issuance of Pfandbrief bond.