Following the sovereign debt crisis, Europe's funding safeguard was set up to ensure regional stability. While most countries no longer need propping up, the European Stability Mechanism is still busy, as head of funding and investor relations Siegfried Ruhl tells David Wigan.
Latest articles from Issuers

Raiffeisen Bank International rides CEE rebound with AT1 debut
September 1, 2017The uptick in the fortunes of key central and eastern European economies has given a boost to Raiffeisen Bank International, which made its additional Tier 1 securities debut in June. David Wigan assesses the success of this move.

How the World Bank scored an SDG bond first
August 1, 2017The World Bank’s green bond issuance recently passed the $10bn milestone. Treasury capital markets director George Richardson explains to David Wigan how it is now spearheading other sustainable instruments.

Suez hybrid sparkles after GE Water deal
July 3, 2017French water service company Suez is planning a major global expansion through its tie-up with GE Water of the US. David Wigan reports on the details of the 70/30 joint venture with Canada’s Caisse de dépôt et placement du Québec, which included the use of hybrid bonds.

Latam catches tailwind with dollar offering
June 1, 2017Created in 2012, Latam has become Latin America’s leading airlines group. Efforts to manage its debt suffered a false start in 2016 but, as David Wigan reports, earlier this year its bond offering took off.

Caixa Geral marks Portugal’s AT1 return
May 2, 2017Despite an EU bailout last year, in March state-owned Caixa Geral de Depositos felt confident about launching the first issuance from a Portuguese bank in about two years, as Joanne Hart reports.

Moscow IPO is child’s play for Detsky Mir
April 3, 2017The flotation of Russian toy retailer Detsky Mir on Moscow’s stock exchange was a significant moment for the country’s capital markets, which have been quiet in recent years. Joanne Hart reports.

Phoenix Group makes sterling Tier 3 capital first
February 15, 2017After a period of sizeable acquisitions, UK life assurance giant Phoenix Group Holdings took advantage of Tier 3 capital’s shorter minimum maturity to move senior bank loans into hybrid capital. Joanne Hart reports.

New year, new bond deal for Ireland
February 1, 2017Ireland has issued early in January over the past few years, and 2017 was to prove no exception, with the country issuing a 20-year benchmark deal that exceeded expectations with regards to pricing and the geographic spread of investors.

Green bond blossoms for Bank of China
January 2, 2017The success of Bank of China's green covered bond issue on the London Stock Exchange has given the bank confidence to follow its commitment to support green industries and build up its strength in this asset class, as Joanne Hart reports.