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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: CCPs’ micro-prudential framework can increase system wise risk level, Sarah Breeden...

Rules that keep each central counterparty safe can, on their own, push danger into the wider financial system, the Bank of England’s Sarah Breeden has warned. Sarah Breeden, deputy governor for financial stability of the...

Origination: Euronext to issue €425 million in 7-year convertibles

Euronext has launched a €425 million offering of senior unsecured convertible notes, due 2032. Each bond will be issued at €100,000, and is expected to have a fixed coupon rate of 1.5% to 2%. These...

Investor demand: Real money bids appear in US long end

Real-money buyers have started to bid the long end of the Treasury curve as systematic funds keep up their selling, leaving the long end looking both cheap and yet prone to further sell offs,...

Rules & Ratings: Ratings agencies spar in private ratings legitimacy debacle

KBRA has hit back at Fitch Ratings’ claims that private credit ratings are inaccurate, stating that the agency has damaged its reputation and integrity with its recent report. The report, based on a retracted August...

The Book: DoorDash prepares for US$2 billion private offering

DoorDash has announced a proposed US$2 billion private offering of convertible senior notes, due 15 May 2030. The food delivery firm has a market cap of US$86.91 billion. The notes will be convertible to class A...