The GlobalCapital Podcast
A weekly podcast from GlobalCapital, the capital markets news service based in London and New York, discussing its most interesting stories from around the world.
Every Friday, listen to lively discussion about the very latest themes, the most innovative and important bond and equity issues and syndicated loans and much more from the capital markets.
This podcast is for anyone working in - or who wants to work in - the capital markets from investment bankers, to funding and treasury officials, investors, lawyers, analysts, NGOs and lobbyists, regulators and policy makers, and analysts.
GlobalCapital has been the "voice of the markets" for over 35 years, covering bond, loan, equity and securitisation markets around the world.
We cover everything from public sector bond issuers, financial institutions, emerging markets and investment grade corporate bonds and loans to securitisation (including CLOs and ABS), regulation and market news as well as industry gossip.
GlobalCapital is written for capital markets professionals but the podcast is of value to anyone with an interest in the industry, whether you have been working in it for as long as we have, or are looking to make your first career move into it.
This podcast is a commute-sized slice of everything that's most interesting from the world's capital markets with the aim of helping you sound smarter in your morning meeting, or making you stand out from the crowd of other hopefuls when kick-starting your career.
And don't forget, you can #AskGC anything you like and we will select the best questions to answer on the show.
Contact us at podcast@globalcapital.com
The GlobalCapital Podcast
'Nameless dread' and the blockbuster bond market
◆ What has driven this week's record issuance and what might threaten sentiment
◆ Why the Maduro affair is a wake-up call for the EU
◆ Resolving Venezuela's debtberg
After a rip-roaring start to the bond market this week, we take a look at just how good it is for issuers and what has driven the huge volumes. Sure, the Epiphany holiday on Tuesday pushed issuers to do their euro funding in a particularly narrow window, but greater forces are at play across the rest of the market.
We examine that issuance through the prisms of the sovereign, supranational and agency bond market and also that for CEEMEA issuers. We explain why carrot and stick are driving the latter group to fund at such speed.
One of those factors is geopolitical shocks and this week the US provided at least two. It arrested the Venezuelan president Nicolas Maduro and said it would "run" the country instead of him. That raised fears that it might try the same in Greenland. We make the case for why this should drive the EU to push the euro's status as a global reserve currency.
Finally, we look into Venezuela's vast debts — the bits we can see at any rate — and discuss the likelihood of restructuring now that Maduro is gone.
Podcasts we love
Check out these other fine podcasts recommended by us, not an algorithm.
