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The article reports on the failure of banks to issue commercial paper (CP) in their desired terms as one to three month maturities dominate the European CP market. According to one dealer, some A1/P1 banks are very well funded in the short term with most of them are looking for cash over six months. There remains considerable name differentiation in spreads among bank borrowers. For example, Irish banks are trading at around flat in the three month area, while big British banks range from around minus 10 base points to around minus 19 base points.

Interviews Andy Longden, group treasurer of British Telecom, on the launching of its euro and sterling-denominated bond issue and the challenges his company faced in funding its projects. His view on the success of the bond issuance; His statement on the performance of their investment banks; Extent to which investors vary from one country to the other country.

Looks at the bond securitization market in Europe as of October 13, 2000. Investment banks which are working on a potentially new asset class for the first quarter of 2001 in Great Britain; Investment potential in water companies in Great Britain; Move of the Alcatel company to increase its securitization program for vendor finance loans through Citibank company asset backed commercial paper conduit.

The article reports on the international bond issued by insurance company Aegon on December 10, 2009. It notes that Aegon has allotted 40 million British pounds for the bond which was participated by Barclays Capital, Deutsche Bank and JPMorgan. It reveals that Great Britain got 85% of the investor base while 90% of the paper was taken by insurance companies, pension funds and asset managers. It also mentions that some demand came from investors based in Germany, Switzerland and Nordic countries.

The article reports on the plan of British regulators to tighten covered bond rules in a bid to bring the country's covered bond market into line with European jurisdictions. Under the rules, a minimum over-collateralisation level will be set at 8%, an external asset pool monitor will be required, and an interest coverage test will be introduced. A more comprehensive disclosure to investors, including loan level data, will also be required of issuers.

The article looks at successful issuances on the British covered bond market during the week of September 2, 2011. These issuances came from Barclays, Royal Bank of Scotland (RBS) and Abbey National. A third euro benchmark was issued by Barclays which secured a book of 2.2 billion euros from 106 accounts. A 3.5 billion euro order book was secured by RBS via 130 individual accounts. The sovereign debt crisis has enhanced Great Britain's position relative to eurozone countries, bankers claim.

The article reports on the status of secondary loan market in Great Britain in the third week of February 2008. The gloom engulfing secondary loans partially subsided during the week as bankers speculated that the market had troughed and there was evidence of a slow recovery. Bankers said the main cause of the recovery was investors' stronger appetite for bids and the presence of new funds in the market.

Presents news briefs on the issuance of bonds worldwide as of April 16, 2004. Public issuance from Tube Lines Finance Ltd. in Great Britain; Arranger mandated for the securitisation of aircraft lease payments made by airlines to WestLB's leasing company Boullioun in the U.S.; Dealer floorplan securitisation from FCE Bank in Europe.

Assesses the implications of the spread widening caused by volatility in the European market for credit investors in January 2004. Statement issued by James Foster, head of credit at Isis Asset Management in London, England; Lack of activity in the euro market; Appointment of HSBC and the Royal Bank of Scotland by EdF Energy to arrange meetings in Great Britain.

Examines the investment portfolios of British and European investors in relation to the search of companies for funding through dual currency bond issuance. Factor that influence the investments of British pension funds to fixed-income securities; Factors that affect risk aversion among the British institutional investors; Examples of the strength of the demand for sterling bonds in 2001.

Presents news briefs on structured finance deals in Great Britain as of October 1, 2004. Guidance released by Citigroup for Self-Storage Securitisation, the self-storage units for Shurgard; Information on the second public securitisation being marketed by Locat beginning October 1, 2004; Floating rate tranches of the existing debt of General Healthcare Group that will be redeemed and replaced with new floaters.

The article covers issues related to structured finance as of February 2010. Ratings agency Standard & Poor's has confirmed its plan to add a distinguishing symbol to its structured finance product ratings in compliance with the new regulations of the European Union (EU). The master trusts of Royal Bank of Scotland and Lloyds Banking Group have published reports which indicate a decline in prepayment rates in residential mortgage-backed securities (RMBS) in Great Britain in January.

The article focuses on the Eu3 billion bonds offered by KfW Bankengruppe with maturity date on January 4, 2023. The bond was placed almost completely in Europe with more than a third bought by investors from Great Britain while others were placed in Scandinavia, France and in Germany. The distribution by investor type include funds, banks, central banks, insurance companies and others. The books were closed at €3.9 billion and the deal was priced at less 9bp.

The article presents updates on the financial services markets. The tier one capital door, which was swung wide open in the last week of September 2007 by the Royal Bank of Scotland's tour de force, remained open for other issuers in the second week of October 2007. While the 7% coupon looked appealing for the triple-A rated bank, an official at Credit Suisse was keen to point out that Rabobank had achieved an attractive all-in level of funding.

The article provides information on a bond issue involving ABN Amro Bank. According to the deal's bookrunner, the diversity of the book was pleasing and that the bonds were broadly distributed across Europe, with Great Britain leading the way. Overall some 50 accounts participated from 15 countries.

Reports that MBNA Europe Bank is preparing to launch a new structure for its credit card master trust, Chester Asset Receivables Dealings as of May 14, 2004. Plans of MBNA for its credit card receivables securitization programs in Great Britain; Other delinked issues that were launched in Europe; Estimated value of several long-term debt that were raised by several companies in Europe in 2004.

Presents the analysis of the European bond market by Helene Williamson, global head of fixed income of F&C, as of May 3, 2002. Involvement of inflation in bond diversification in Great Britain; Factor that influenced the shift from sovereign to corporate bonds; Factor which led investors to consider the credit rating of a bond for them to place their investments in British bonds.