Banks

Bonds will be settled in wholesale CBDC on December 1 as part of Swiss National Bank’s tokenised asset pilot

AfDB and Kommuninvest stay in the three to five year part of the curve

◆ Spanish bank acts quickly to raise €1bn at slim concession ◆ More long end issuance possible ◆ Three more banks supply further €1.5bn

Issuers 'can't be stingy' in tough conditions as issuer leaves 5bp on the table

Canadian bank drives European investment banking capabilities with promotion of ex-HSBC banker

The Italian Ministry of Economy and Finance has cashed in on a dramatic rebound in MPS since its recapitalisation a year ago

◆ Pronounced bid for duration results in largest book for an unsecured euro deal this year ◆ French bank makes most of being 'a unique beast with unique timing' ◆ Italian bank goes even longer in Yankee market

Public sector borrowers will slip into the market ahead of the US Thanksgiving holiday on Thursday

Banker to cover financials, public sector issuers and asset managers

A change in regulation has prompted DNB to redeem long-held legacy bonds that it counted as tier two capital

◆ First euro AT1 for more than two months as Santander, other G-Sibs went for cheaper dollars ◆ Non-national champion status makes it 'not straightforward' execution ◆ Ongoing strong bid for yield

Issuance opportunities abound across capital stack but borrowers said to be happy to wait for deeper liquidity