Banks

◆ Strong market sentiment backs new deal and potential FIG issuance as spreads tighten ◆ Views on NIP differ but SG's outcome was unanimously 'very good' ◆ Austrian and Australian issuers on the way

◆ Issuer takes advantage of red-hot sentiment post-CPI ◆ Higher yielding bank capital prices moved up, including a similar AT1 from Barclays ◆ Strong demand suggests tight pricing eyed

◆ Key investors snub senior non-prefs ◆ Real money buyers seemingly happier with lower credit, higher spread ◆ Landesbank Berlin non-benchmark deal gets better reception

ADIB likely to be used as main comparable

Dealers away say rich pricing versus Pfandbrief led to disappointing orders

◆ Portuguese lender has authorisation to redeem its only AT1 early ◆ Atypical action suggests no replacement deal ◆ Last week's red-hot AT1 reception suggests strong demand reserved for biggest banks

The Polish bank spent years planning the benchmark green bond

Bank has made a number of key capital markets and M&A hires and promotions in New York, including co-heads of global capital markets for the Americas

Demand exceeded €110bn when final terms were set for the dual-trancher

Senior banker hired to build business

Swiss pharma company navigates a difficult market to pay a negative to zero new issue premium

Supra to issue five year paper and tap its green February 2048s