The DESK’s Risk & Return is the single channel for issuers and investors to access data, research, legal advice and credit rating information to support issuance and investment in debt via the primary market.
INSIGHTS & ANALYSIS
Insights & Analysis: Technology upends traditional credit trading liquidity patterns, Barclays says
In a recent research note Zornitsa Todorova, head of FICC research at Barclays contends that with over half of IG volumes now electronic, systematic desks are reshaping when and how credit trades get done,...
ORIGINATION
Origination: Goldman prices US$400 million in notes
Goldman Sachs has priced US$400 million in unsecured notes, due 2030.
The notes have a 5.650% coupon and are expected to be delivered around 9 September. Goldman has an option to redeem the notes in...
INVESTOR DEMAND
Investor demand: Dollar weakness trumps French political instability
Despite a French sovereign debt downgrade to A+ by Fitch over the weekend, the euro has risen to new highs for the year (1.188) as dollar bears keep pushing the dollar index lower ahead...
RULES & RATINGS
Rules & Ratings: France falls in Fitch’s ratings
France has suffered a blow to its credit ratings, downgraded by Fitch to AA- from A+ with a stable outlook.
A catalyst for this change has been the no-confidence vote last week. Instability is weakening...
THE BOOK
Clearstream and Euroclear move towards digitised Eurobond market
International central securities depositories (ICSDs) Clearstream and Euroclear have partnered to offer dematerialised Eurobond issuance from Q1 2026, removing the need for paper certificates.
The ICSDs are also introducing a new data standard, the issuance...
This page is dedicated to research articles on primary fixed income markets. For further information please contact Dan Barnes.
