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We've seen some issuances at 7.5%, and so the capital markets are helping bail out those balance sheets to a certain extent.
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Corporate spreads have widened over the same period, and some issuance of corporate bonds has been postponed, especially by speculative-grade issuers.
Here, there clearly was some language addressing share issuances and the like.
"Green Bond" issuances surged with some $32.6bn raised by October 2014, while Bloomberg New Energy Finance projected the total volume of green bonds issued to reach $40b in 2014 (triple the US$14b issued in 2013).
There've been issuances of late of some unsecured senior debt at rates, I think, you wouldn't necessarily expect given what's going on with their own finances.
Narrower yield premiums and an uptick in issuances have offered Wall Street some comfort, but Investment Dealers Digestt says there are worrisome signs as well.
We draw insights from the theories that are related to the issuing of financial instruments and capital structure and apply them to the case of banks in order to derive some testable hypotheses about the types of issuances by banks.
It's worth noting that some U.S. companies have utilized creative debt issuances to effectively "access" their foreign cash (just compare Apple and eBay's tax strategies) while Asia-based companies face their own restrictions for investing on U.S. soil.
It seems today even though parts of it are working, large companies, some of them can float junk bonds again, a lot of issuances of equity.
The sale shows that despite concerns about the Federal Reserve raising rates at some point in the near future, debt investors remain interested in buying up new issuances.
The Treasury should not get drunk on ultralong bond issuances.
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