The GlobalCapital Podcast · 2026-05-29 · 44 min
Send us Fan Mail ◆ Venezuela embarks on historic debt restructuring ◆ Canada suggests covered bond boost ◆ European Secured Notes are here. Regulate them Venezuela's debt restructuring is getting underway, nine years after the country defaulted and just months after the US removed its former president, Nicolas Maduro. The amount of debt involved is expected to be huge but no one outside of Venezuela knows quite how much. That's not the only unusual thing about the exercise. We discuss what looks likely to be the biggest sovereign debt restructuring since Greece - the unknowns, the unique complexities, where there is hope for Venezuela and its creditors and the rare involvement of the US government. Canada is considering easing up on the regulatory treatment of overseas covered bonds. We explore what this means for Canada's banks, international covered bond issuers and whether it advances the cause for the regulatory equivalence between different financial jurisdictions that could unlock growth for the asset class.
Brewing a bromance between Burnham and bonds65 / 100The waiting games: ME issuance, digital capital markets and French covered bondsThe ESN has landedTwo comebacks and a pull-back: credit card ABS, insurance tier two and SSA bondsSSAs and US Treasuries: crossing the final frontier