Banks

Latin American development bank reappears in sterling market after 22 years

‘The market is all fired up’ ahead of possible rate cuts from the European Central Bank

Japanese agency was met with record demand as it extends curve

◆ Diverse set of issuers to fund before the ECB on Thursday ◆ Jefferies prepares rare euro deal ◆ Despite rates volatility, the market is open

Agency joined SSA peers to confirm that ‘there is demand’ in this market

‘First mover advantage’ for JBIC 10 year dollars

◆ Investors find tier two FIG debt appealing ◆ Simultaneous execution helped by supply and demand mismatch, ECB rate cut expectations ◆ Both deals land flat to FV with multiple times coverage ratios

Promise of arbitrage draws foreign borrowers to Swiss franc market

Investors have swarmed to FIG FRNs despite looming interest rate cuts

Second largest outing from a single deal for the WB since 2021

Nordic supra plans to keep up pace of issuance into the summer

◆ Canadian bank kicks off new quarter for US market after strong Q1 ◆ Local insurers fund in absence of bank deals ◆ Focus turns to US bank results