Читать книгу The Sterling Bonds and Fixed Income Handbook - Mark Glowrey - Страница 19

One of the UK’s biggest companies and a frequent issuer on the GBP (and other) bond markets. In 2011 Tesco Bank (a subsidiary) issued a sterling bond into the retail market and has a pipeline of such issues planned.

The above examples are simply some of the most well-known issuers of sterling bonds. Further research will yield a list of hundreds of other issuers and their bonds. Often, the less well-known the issuer, the more interesting (and potentially undervalued) the bond.

Tip

keep an eye open for bond market debutantes. Bond issues from new or unknown issuers often have to be priced to sell – great for “stags”.

You can find a table of popular sterling bonds in the appendix at the back of this book. Please note, this represents only a sample of a wider market. Liquidity and transparency are moveable feasts and this, combined with the inevitable process of redemption and new issues will make the list look quite different a few years down the road.