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: SEC new datasets show 2024 was a boom year for ABS
New regulatory data published by the Securities and Exchange Commission’s (SEC) Division of Economic and Risk Analysis shows US asset-backed securities issuance almost doubling in 2024, with privately placed Rule 144A deals accounting for...
ORIGINATION
Origination: EU tops global bond issuance in March
The European Union saw the biggest increase in bond issuance globally in March, reaching US$30.62 billion.
The bulk of this came from three bond issuances by the European Commission over the month totalled €13.7 billion,...
INVESTOR DEMAND
Investor Demand: Ermotti says tariff uncertainty took Spring out of investors’ step
Sergio Ermotti, group CEO at UBS, has said the usually positive investor sentiment in the Spring season was severely watered down by tariff uncertainty.
“The quarter was characterised by a substantial shift in investor sentiment...
RULES & RATINGS
Rules & Ratings: ‘Under review’ list shrinks at AM Best
Germania Farm Mutual Insurance Association is no longer categorised as ‘under review with negative implications’ by AM Best, and has been assigned a financial strength rating of B (fair) and a long-term issuer credit...
THE BOOK
The Book: Global DCM deal values drop year-on-year
Global debt capital markets (DCM) deal values have dropped year-on-year over 2025 so far, falling below the five-year average, according to Dealogic data.
The US$3.1 billion seen so far this year is a 8% decline...
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