Crédit Agricole

◆ First RT1 since January ◆ Huge order book with no attrition ◆ High-beta appetite increases further down the capital structure, lead says

◆ Issuer's first sterling covered since September ◆ Positive sign for 'diversification' said a banker ◆ One of five tranches of covereds on Tuesday

Banker had been with the firm since 2024

Nine tranches of covered bonds in three days this week suggested supportive conditions ahead

◆ French lender opted for no-grow format ◆ Issuer landed tighter euro covered in January ◆ One of the day's three covered deals

◆ Canadian bank tightened spread by 6bp ◆ Euro benchmark deal placed at €1.25bn ◆ Canadian issuers have been busy in past three months

Kangaroo and Panda market grow as banks create US dollar FRNs to meet Asian demand

◆ Week's third FIG sterling deal to take advantage of opportunistic Gilts arb this ◆ Issuer's second sterling deal this year ◆ Follows multi-tranche yen issuance across the capital stack

Managing director is joining Citi's SSA and covered bond trading team

◆ German issuer opts for no-grow format ◆ Banker said early update helped ◆ Deal showed only minimal attrition

Researcher is one of the covered bond industry's most celebrated analysts after 16 years at the French bank

◆ Issuer’s first covered since September ◆ Aussie bank tapped seniors last week◆ CBA’s was only covered benchmark on Thursday