Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • China grants billions in bailouts as Belt and Road Initiative falters
    • Generative AI set to affect 300mn jobs across major economies
    • Benjamin Netanyahu delays judicial reforms after day of turmoil
    • Military briefing: why Ukraine wants to neutralise Russia’s bases in Crimea
    • Money pulled from eurozone banks at record rate in February
  • UK
    Sections
    • UK Home
    • UK Business & Economy
    • UK Politics & Policy
    • Brexit
    • UK Companies
    • Personal Finance
    Most Read
    • Humza Yousaf SNP win seen as ‘great opportunity’ for UK Labour party
    • Fruit and vegetable shortages push UK food inflation to record high
    • Scotland’s incoming first minister has a daunting in-tray
    • UK Treasury to provide extra funding for NHS pay deal
    • Financial turmoil will not stand in the way of further rate rises says Bailey
  • Companies
    Sections
    • Companies Home
    • Banks in turmoil
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Tesla cars lose value faster than rival models after price cuts, data shows
    • Saudi National Bank chair resigns following Credit Suisse comments
    • How family-controlled First Citizens became a top-20 US bank
    • European ammunition maker says plant expansion hit by energy-guzzling TikTok site
    • Air India boss hails biggest turnround effort in airline’s history
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • Live news: Scotland’s finance secretary Kate Forbes to leave government after SNP leadership defeat
    • US charges Sam Bankman-Fried with bribing Chinese officials
    • Top Fed official blasts SVB collapse as ‘textbook case of mismanagement’
    • Live news updates from March 27: Netanyahu delays judicial overhaul, First Citizens buys much of SVB
    • Crypto exchange Binance accused by CFTC of illegally serving US clients
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
    Most Read
    • We are all secretaries now
    • Final salary pensions have been uniquely horrible for UK plc
    • A new technology boom is at hand
    • China, Japan and the Ukraine war
    • Western voters won’t give up the peace dividend
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Matthew Desmond: ‘America does so much more to subsidise affluence than alleviate poverty’
    • Culture clash: the challenge of uniting fierce rivals UBS and Credit Suisse
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Everything I, an Italian, thought I knew about Italian food is wrong
    • At LVMH, the legendary Gérald Genta brand is born again
    • The best black watches
    • My life with Ozempic – a weight-loss diary
    • A Land Rover, a rooftop tent and the remote beauty of Northumberland
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Corporate bonds

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Tuesday, 28 March, 2023
    LexHigh yield bonds
    Junk bond market: securities market may replace bank lending, uneasily Premium content

    After a roaring start to the year, a downturn in March shows that risk appetites are clearly inhibited

    new
  • Thursday, 23 March, 2023
    Credit Suisse Group AG
    Swiss regulator defends $17bn wipeout of AT1 bonds in Credit Suisse deal

    Writedown after takeover by UBS enraged holders of risky bonds

  • Wednesday, 22 March, 2023
    Credit Suisse Group AG
    US bondholders prepare to sue Swiss government over $17bn Credit Suisse wipeout

    Distressed asset investor David Tepper says trust in European debt issuance at stake

  • Wednesday, 22 March, 2023
    LexCredit Suisse Group AG
    Credit Suisse AT1s: legal battle may bake in a Swiss discount Premium content

    The case could prove excruciating for Switzerland

  • Wednesday, 22 March, 2023
    Banks
    Credit Suisse fallout threatens to halt issuance of risky bank debt

    Some of Asia’s largest lenders may pause sales of additional tier 1 bonds after $17bn wipeout at Swiss bank

  • Tuesday, 21 March, 2023
    Credit Suisse Group AG
    Asia investors ‘gobsmacked’ by $17bn Credit Suisse bond wipeout

    Risky AT1 debt was popular in the region and a sell-off has sparked margin calls

  • Tuesday, 21 March, 2023
    European banks
    EU vows to respect bondholders’ rights after Credit Suisse turmoil

    Single Resolution Board chair adamant Brussels will not take investors in bank debt ‘by surprise’

  • Monday, 20 March, 2023
    Banks in turmoil
    Additional tier 1 bonds: the wiped-out debt at centre of Credit Suisse takeover

    Controversy around decision has rippled across the wider $260bn AT1 market

  • Monday, 20 March, 2023
    LexCredit Suisse Group AG
    Credit Suisse AT1s: investors go loco after Coco no-no Premium content

    Current rout raises awkward questions about how useful these instruments are as capital buffers

  • Monday, 20 March, 2023
    Credit Suisse Group AG
    Credit Suisse bondholders in uproar over $17bn debt wipeout

    ECB raises concerns shareholders were prioritised over investors holding additional tier 1 debt

  • Monday, 20 March, 2023
    Moral Money
    The green goose that ‘laid a golden egg’ Premium content

    Also in today’s newsletter, in first interview as chief executive Mars boss warns companies against fleeing ESG issues

  • Sunday, 19 March, 2023
    Credit Suisse Group AG
    Holders of $17bn of Credit Suisse bonds wiped out under UBS takeover

    Value of risky additional tier 1 debt written down to zero in move that is expected to jolt markets

  • Thursday, 16 March, 2023
    Credit Suisse Group AG
    Credit Suisse bonds sink further into distress

    Swiss lender’s offer to buy back SFr3bn of debt fails to steady prices

  • Monday, 13 March, 2023
    Exchange traded funds
    High yield ETF influence on underlying bond market jumps

    A study of five of the largest ETFs finds they accounted for nearly half the daily trade of the bonds they owned in 2022

  • Friday, 10 March, 2023
    European Central Bank
    Investors nervously watch for impact of ECB shrinking its bond holdings

    Overall borrowing costs for eurozone governments have risen sharply in the past year

  • Thursday, 9 March, 2023
    Exchange traded funds
    Investors pull near record sums from corporate bond ETFs

    Investment grade and high-yield funds had combined outflows of $8.3bn in February

  • Wednesday, 8 March, 2023
    An angel falls from auto heaven

    Biggest downgrade to junk since April 2020

  • Tuesday, 7 March, 2023
    News in-depthPrivate credit
    Private credit groups cut out banks with largest direct loan

    Apollo and Blackstone among those poised to provide $5.5bn of debt to buyout group for purchase of 50% stake in Cotiviti

  • Monday, 6 March, 2023
    Fear of ratings downgrades puts companies off debt-driven deals

    Higher borrowing costs have increased the cost of losing prized investment grade status

  • Thursday, 2 March, 2023
    The name’s Bond. Callable bond

    Leave the bullets at home

  • Wednesday, 1 March, 2023
    Adani Group
    Adani says it has $3bn credit line backed by sovereign wealth fund

    Indian group also tells bondholders it is seeking to borrow extra $800mn for renewables arm

  • Tuesday, 28 February, 2023
    Libor transition
    Over $1tn of risky US loans still shackled to Libor as deadline looms

    Borrowers and lenders in $1.4tn leveraged loan market scrap over fine print of replacing scandal-hit benchmark

  • Monday, 27 February, 2023
    Chinese business & finance
    JPMorgan slashes China weighting in proposed new Asia bond index

    Bank lines up alternative benchmark after Chinese property crisis chokes off debt issuance in the sector

  • Monday, 27 February, 2023
    Inside BusinessPatrick Jenkins
    The inherent flaws of corporate bond ETFs

    The investment vehicles present a worrying systemic vulnerability

  • Sunday, 26 February, 2023
    Sovereign bonds
    Record-breaking global bond rally crumbles as fresh inflation fears grip investors

    Fixed income markets reverse gains since start of year in ‘reality check’ over path of interest rates

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

UK Edition

Subscribe for full access
  • Switch to International Edition

Top sections

  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • UK
    • UK Business & Economy
    • UK Politics & Policy
    • Brexit
    • UK Companies
    • Personal Finance
  • Companies
    • Banks in turmoil
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In