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George Whittle

Senior Portfolio Strategy Coordinator, Portfolio Strategy Services

 

 

Week in review

From the trading desk

Two regional Italian banks being bailed out, margins on shorter dated Tier 2 bonds continued to tighten and we add the Hertz senior secured June 2022 bond to our DirectBonds list

Company updates

Barminco and Broadspectrum call bonds

Barminco and Broadspectrum both called bonds this week, coupled with the recent Swiss Re call, there will be plenty of cash looking for a home in the next month or so. Investors can trade prior to maturity to take advantage of current offers.

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