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The article discusses the shift in the corporate funding model in Europe from loans to bonds. It states that the shift to a U.S. style funding system for corporate bonds has been recognized as a healthier model by loans bankers. According to Christopher Marks, head of debt capital markets Europe at BNP Paribas in London, England, the investor focus on the bond market at some point will need to be relaxed and give way to a wider range of asset classes, but they will remain conservative into 2010.

The article focuses on the popularity of corporate bonds with investors. It states that the attraction of bonds is due to low rates and investor enthusiasm. It mentions that the U.S. Federal Reserve Board lowered the federal funds rate (FFR) target to 1% in 2003. It comments that FFR is what banks charge each other for overnight funds, and that this helps indicate the direction of interest rates.

The article reports that Nordea's Swiss franc bond deal has been well received by investors despite poor sentiment towards Dutch banks. Market observers have claimed that Nordea's solid Scandinavian credentials and the lack of a new issue premium have helped attract investors. Bookrunners Credit Suisse and Deutsche Bank have priced the 225 million Swiss franc deal at 28 basis points over mid-swaps. The deal aims to raise 200 million Swiss francs, but was later increased to accommodate demand.

The article deals with the bond offer from Nordic Investment Bank valued at 1 billion U.S. dollars. Some of the factors that contributed to the failure of the deal not to reach full subscription include the downgrade of France and concerns over the ratings of Nordic banks. It relates that the deal attracted around 40 investors. Information is presented on the distribution of the bond by investor type.

The article reports on the difficulty of banks to adhere to commercial mortgage-backed securities (CMBS) disclosure standards in Europe in 2012. Investors rejected Isobel Finance No 1 CMBS because of its appalling transparency. The Royal Bank of Scotland arranged the deal. Traders expressed concerns over the possibility that investors insist on higher standards.

The article forecasts the rise of Andean corporate issuances with stronger high yield credits in Latin America as investors show interests in bond risk in the region and look forward to balancing their portfolios in Brazil. An HSBC official warns investors who plan to access high yield credits. Syndicate officials observe investors' preference for sovereign supply in dollars from the region, while other bankers see a potential return of sovereign issues to global depository note (GDN) format.

The article discusses a corporate bond issued by Deutsche Bank on July 11, 2012. The bank served as the deal's sole bookrunner. It observed the high demand for the bond among investors. Banks were the deal's top investor, followed by fund managers, central banks and insurance companies. Investors expressed optimism for the market performance of the bond.

The article reports that RCI Banque, the financial arm of automobile manufacturer Renault, has launched a 700 million euro corporate bond. The bond attracted 224 investors including fund managers, pension funds, banks and insurance companies. Pricing was tightened by 10 basis point from the middle of the range.

The article reports on the 1-billion U.S. dollar 10-year bond issue from ICICI Bank. Bookrunners Barclays Capital, Citi and Deutsche bank priced the deal at 325 basis points (bp) over Treasuries. Majority of the issue was purchased by fund managers, followed by insurance companies, banks and retail investors.

The article reports that French mortgage lender Caisse Centrale du Credit Immobilier de France (3CIF) was the only bank to issue a senior unsecured in euros as market participants were waiting for European announcements on monetary policy and U.S. non-farm payroll data. Lead managers for the issue were BNP Paribas, DZ Bank, LBBW and Nomura. Much of the deal were purchased by French investors.

This article reports on the issuance of bonds by Swiss baked goods company Aryzta in October 2009. Credit Suisse led the bonds. According to a Credit Suisse banker, Aryzta is targeting the medium term note area. The banker also noted the interest of investors in the bonds, as well as demand from private banks, asset managers, pension funds and insurance companies.

The article reports that the prime market was avoided by corporate borrowers whose confidence in the market and upcoming deals are high. It is noted the no companies have printed deals despite strong earnings. According to bankers, issuance conditions will be able to keep its strength. It is also expected that investors will allot money for corporate bonds.

This article describes an international bond issued by Rentenbank on June 9, 2009. Basler Kantonalbank and Raiffeisen Zentralbank serve as joint bookrunners on the issue. According to the bookrunners, the bond was well-received in the Swiss market because of its maturity. They see demand for the bond from investors, including insurance companies, banks and asset managers.

This article describes an international bond issued by Swedbank Hypotek on June 10, 2009. Credit Suisse serves as the sole bookrunner on the issue. The bookrunner sees demand for the bond from some investors. They see interest of bond asset managers and banks that needed floating rate paper for liability management.

The article reports that corporate syndicate bankers and issuers were dismayed as illiquid secondary markets and investor fears of future supply weighed heavily on the new issue arena. These factors ensured that despite generous pricing, deals such as Tesco's 3 billion euro offering widened in secondary trade and left issuers at a loss as to how to respond.

The article provides information related to corporate bonds. As financial instruments that steadily throw off cash, corporate bonds are a no-brainer. But until a few years ago, they were a tricky proposition for the average investor. Buying corporate bonds on the open market is even more complicated. Prices shift from minute to minute, and brokers often take a hefty, disguised markup by cutting into the investor's interest rates. But that has changed, thanks to a simplified and more affordable type of bond called the retail note. Offered primarily by Merrill Lynch, ABN Amro's LaSalle investment banking division, and Chicago boutique firm Incapital, retail notes are priced at $1,000 apiece, with some "baby bonds" available for $25. The bonds are now issued by 25 blue-chip companies ranging from Bank of America to Ford to GE, and the value of the notes they've issued has doubled to $150 billion in the past three years. As with any bond, of course, there's always the chance that an issuer will default, but with retail notes it's easier to buy several to spread out one's risk.

This article offers news briefs related to banking in the U.S. It is stated that money managers are investing in corporate bonds because they are perceived as stable investments during the economic downturn. Investors who are nervous about the stability of the stock market and the economy are being advised to wait rather than take action. It is predicted that the likelihood of corporate bonds defaulting is high.