◆ RV in sterling turns less favourable for issuers ◆ Investors 'underwater' on recent deals ◆ Asset managers see 'no fundamental change' in UK financials from higher Gilt yields
◆ Landesbank delays covered funding as it prints second senior preferred three months after debut ◆ Varying views on concession, minimum 5bp paid ◆ Strong backing by German bank investors
◆ French bank prints third syndicated deal in just two days ◆ Frequency of visits means issuer has to pay up ◆ Euro tier two ‘better received’ than sterling tier two
