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Regulatory bodies responsible for drawing up the technical standards for the 'simple, transparent, standardised' (STS) framework for European securitization have published five draft consultation papers, seeking industry comment through March. [ABSTRACT FROM AUTHOR]

The European Banking Authority's plans to level the playing field for synthetic securitization could raise the cost of such deals for banks supervised by the European Central Bank's Single Supervisory Mechanism (SSM), slowing down a market which has boomed in the last two years, and forcing banks to look elsewhere for capital relief. [ABSTRACT FROM AUTHOR]

The article reports on the European Commission's (EC) action plan for Capital Markets Union in Europe in 2015. Topics discussed include the support given by market participants to the action plan, the proposal to reduce risk charges on infrastructure investment by around 30 percent, and the support given by the EC to market-led initiatives.

The article emphasizes the need for private placement (PP) investors to go global, according to participants at the 2015 Euromoney/GlobalCapital Corporate Summit held in Paris, France. Topics discussed include the varied PP markets in Europe, the shortage of international investors in the Euro private placement market, and the success of the Schuldschein market in the international market.

Banks unleashed a blizzard of floating rate bond issuance on the euro market this week, tapping into some pent-up demand from investors. But the return of the long-neglected and more defensive FRN format suggests that issuers feel as though they could be on shakier ground in the primary market this year. [ABSTRACT FROM AUTHOR]

The article offers information on financial conditions of Rentenbank, as of March 25, 2018. It states that new issue concession was believed to be a good starting level so the bank opened books, and mentions that some price sensitivity in the book. It notes interests in structured private placements from insurance companies, and cites impact of eurozone sovereigns, and role of European Union.

The article reports on the proposed issuance of three European sovereigns for 2016 and their revised funding targets for the fourth quarter of 2015. Topics discussed include the funding plans of France, Germany, and Sweden, the expected decrease in France's 2016 budget deficit, and the decision of Germany to reduce its 2015 funding target by 6 billion euros.