Recent Issuances in Other Currencies
Volkswagen
Fixed: Resettable Bond (EUR)
7.50% p.a.
Issuer Rating
Nil
|
Issue Date
06-Sep-2023
|
Coupon Frequency
Annually
|
Call Date
06-Sep-2028
|
Seniority
Subordinated Unsecured
|
Maturity Date
Perpetual
|
Société Générale
Fixed: Resettable Bond (EUR)
7.875% p.a.
Issuer Rating
A-/A1 (Fitch/Moody's)
|
Issue Date
18-Jan-2023
|
Coupon Frequency
Semi-Annually
|
Call Date
18-Jan-2029
|
Seniority
Junior Unsecured
|
Maturity Date
Perpetual
|
BNP Paribas
Fixed: Resettable Bond (EUR)
7.375% p.a.
Issuer Rating
A+/Aa3 (Fitch/Moody's)
|
Issue Date
11-Jan-2023
|
Coupon Frequency
Semi-Annually
|
Call Date
11-Jun-2030
|
Seniority
Junior Unsecured
|
Maturity Date
Perpetual
|
UBS
Fixed: Resettable Bond (EUR)
7.75% p.a.
Issuer Rating
A/- (Fitch/Moody's)
|
Issue Date
14-Nov-2022
|
Coupon Frequency
Annually
|
Call Date
01-Mar-2028
|
Seniority
Senior Unsecured
|
Maturity Date
01-Mar-2029
|
Lloyds Banking
Fixed: Resettable Bond (EUR)
4.75% p.a.
Issuer Rating
A/- (Fitch/Moody's)
|
Issue Date
21-Sep-2023
|
Coupon Frequency
Annually
|
Call Date
21-Sep-2030
|
Seniority
Senior Unsecured
|
Maturity Date
21-Sep-2031
|
Barclays
Fixed: Resettable Bond (EUR)
4.918% p.a.
Issuer Rating
A/Baa1 (Fitch/Moody's)
|
Issue Date
08-Aug-2023
|
Coupon Frequency
Annually
|
Call Date
08-Aug-2029
|
Seniority
Senior Unsecured
|
Maturity Date
08-Aug-2030
|
Allianz Insurance
Fixed to Floating Rate Bond (EUR)
5.824% p.a.
Issuer Rating
AA-/- (Fitch/Moody's)
|
Issue Date
05-Jun-2023
|
Coupon Frequency
Annually
|
Call Date
25-Jan-2033
|
Seniority
Subordinated Unsecured
|
Maturity Date
25-Jul-2053
|
* Available to Wholesale Investors only.
How to participate in newly issued bond investment?
Applying for new bond issuance is one of the important ways for bond market investors to buy high-quality bonds at a low price to obtain capital gains. Due to the asymmetry of financial market information, most investors know little about the issuance process of new bonds, so they can only access the secondary bond market with higher premiums, and miss many precious investment possibilities.
To participate in the issuance of bonds in the primary market, even institutional investors must make a decision and submit the subscription amount within a few hours of “book building”. Once missed, they can only purchase in the secondary market and pay an additional premium. Due to the blocked information channel, individual investors often only learn information about new bonds after the new bond issuance.
Therefore, Candour’s Wechat Official Account will provide the indicative quotation and tentative issuance date of the new debt to you after the “Roadshow” and decision of issuing the new debt before the “bookkeeping” to break the information asymmetry and let you prepare in advance to purchase your wanted bonds.