◆ Deal resuscitates near two-month hiatus in sterling unsecured FIG issuance ◆ Final book above £3.6bn hailed as ‘confidence’ booster for sterling market ◆ Varying NIP views at 20bp-30bp
G-SIBs looking at stable yen funding should consider clarifying their senior preferred documentation to expand investor access amid rising funding costs
◆ Norwegian national champion pays 5bp-10bp NIP ◆ DNB thought to have limited the issue size ◆ Market sentiment better on Tuesday but not conducive for lower tier issuers
