From long-dated covered and senior bonds to regulatory capital deals; all were priced tight this week. Even after Thursday's ECB meeting, nothing looks set to worsen conditions for issuers
French bank can afford to be opportunistic thanks to its well-advanced funding plan, as it will not immediately rush to revisit the subordinated debt market after its pulled tier two deal, its head of capital markets tells GlobalCapital
◆ Strong market conditions allow banks to fund through fair value ◆ Ibercaja achieves pricing with 15bp negative NIP as its deals ends up almost 10 times subscribed ◆ New York life increases size of seven year FA-backed trade