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Tesco closes 50-year bond after two hours

Tesco has issued a 50-year corporate bond but had to close the book after just two hours after high demand from pension funds. The bond has a yield of 5.23 per cent compared with 4.06 per cent on the equivalent Government bond.

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Mortgage Brain to host packager forum

Mortgage Brain and the Mortgage Trading Exchange will be holding an exclusive packager forum, at the Cavendish Conference Centre in London on March 23. The event will encourage discussion around the key issues facing mortgage packagers in 2007. It will also bring packagers up-to-date with the latest developments taking place at Mortgage Brain and MTE.The […]

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