Americas

◆ Japanese lender moves first in dollars before CPI roils rate cut expectations ◆ Conditions stabilise by Thursday as Jefferies brings its largest bond ◆ New supply to follow April 12 bank earnings

Provincial issuer grabs one of the biggest order books among the Canadians this year

Cigarette maker joined by Asahi, Cadent, Duke and Porsche in rip-roaring day

Promise of arbitrage draws foreign borrowers to Swiss franc market

LatAm primary on a roll but investors are fussier down the credit curve

Sovereign pays minimal concession to raise $1.3bn after rally

Strong demand helps market overcome rates volatility

Issuance to pick up, but funding officials could favour more attractive senior unsecured deals

◆ Canadian bank kicks off new quarter for US market after strong Q1 ◆ Local insurers fund in absence of bank deals ◆ Focus turns to US bank results

Latest Canadian issuer in euros finds little competition

The deal appealed to asset managers looking for ‘spreadier products’

World Bank, Ontario Teachers’ and Development Bank of Japan kept investors engaged after the holiday