EURO CORP-Lloyds hybrid exchange stifles activity


LONDON, Nov 23 (Reuters) - All eyes were on the Lloyds bond exchange on Monday as holders of the bank's hybrid bonds tried to calculate where to value them. The cash bond market saw little activity because of the uncertainty around the Lloyds bonds, traders said. Lloyds announced it would swap 8.78 billion pounds ($14.58 billion) of hybrids for a new form of contingent capital called exchange capital notes. [ID:nLK695084] Credit default swap spreads were generally tighter, as European ...

Premium Content (PAID Subscription Required)

"EURO CORP-Lloyds hybrid exchange stifles activity" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×