Lloyds opts for Dutch RMBS over cheaper covered bond funding

Hot Stacks — Tracking the AI data infrastructure financing boom

Hot Stacks is 9fin’s weekly take on data center finance — the deals moving the market, the people behind them, and the risks and opportunities buried in the stack.

Santander’s TRS book more than doubles in six months to €4.8bn as business takes off

Santander’s total return swaps business has ballooned in the years since it became a credit default swap market-maker in 2024, and the rapid expansion shows no sign of slowing down.

Saudi Real Estate Refinance Co lines up new sukuk and RMBS deals

One of the most in-demand borrowers in the GCC is contemplating a return to both sukuk and asset-backed finance markets in the coming months, according to 9fin sources.

AI warning signs, Part Two — It’s IPO o’clock, do you know where your credit returns are?

BDC bonds trump highly rated CLOs on value, say investors

BDC bonds trump highly rated CLOs on value, say investors

Raistone offered investors 21% returns before First Brands collapse