Banks

◆ NIB, IADB, CEB price bonds ◆ Busy week drains liquidity from market ◆ Treasury spreads at 'historic' tights

◆ CIBC takes large share of the covered bond limelight as market tone improves ◆ SEB returns to euros for the first time in two years ◆ Outcomes likely to attract other issuers, say bankers

◆ Textbook tightening ◆ Stable conditions open up market ◆ 60% of funding expected to come by June

◆ Deals offer pick-up to KfW ◆ Saxony offers 1bp of new issue premium ◆ BayernLabo prices tight

◆ BNPP 'gives the market what it wants' as it raises more with longer, lower ranking tranche ◆ Market receptive to big senior deals ◆ Third French deal in three days

Long decision process leads to elevation of loan market veteran

◆ Tightens 1bp and takes $750m ◆ Bankers still waiting for fixed rate benchmark ◆ Sterling issuance in play

◆ BofA taps market with a perp in post-earnings appearance ◆ Varied issuance from US and Japanese insurers ◆ Citi the only large US bank not to have issued in dollars after quarterly results

◆ Nordea and CM Arkéa resume European senior funding absent since 'Liberation Day' ◆ Nordea likely to serve as floor for spreads in current market ◆ Arkéa goes slightly longer in its first deal of the year

◆ Larger new issue premiums required ◆ 6bp tighter than Bpifrance ◆ Size set at €2bn

◆ FRN concessions have jumped as much as 30bp ◆ Bankers question if European banks need to pay similar NIPs ◆ Euros could offer 'steadier market' for US banks

◆ Level set at fair value, price not tightened ◆ French agency follows on in same maturity ◆ Books of under €1bn