Banks

◆ Issuer raises €1.5bn supported by nearly €10bn of orders ◆ Though some see higher NIP than usual paid for that tenor ◆ Deka leaves slim premium as other, less frequent borrowers prepare senior opco deals

◆ Hesse prints largest European regional green bond ◆ ESM builds 'massive' book ◆ CDP tightens pricing by 6bp

Losses will affect all departments and regions

◆ Euro deal is Canadian bank’s third after US and Canadian dollar prints ◆ Short-end floating rate debt remains popular among investors and issuers ◆ RBC prints flat to its home market

‘Compelling and unique’ opportunity leads to record demand for new vaccine bond

Dance between secured and unsecured FIG bonds puzzles bankers

Banks using artificial intelligence will need to go beyond cost-cutting and harness the technology to produce bankers who are better equipped to deal with clients

◆ Bank's first dollar benchmark bond for 10 years ◆ Most of paper sold outside Dach ◆ Diversification achieved at a cost to euros

◆ Bank regains access to euro covered bonds after selling previous issuers ◆ Deal prices in line with Australian and Canadian paper... ◆... allaying concerns about LCR eligibility

◆ Carry turns less appealing for investors ◆ US bank holdco deals had pushed FRNs wider ◆ Opco vs holdco spread evaluated

The Canadian issuer may offer at least one more international benchmark this year

◆ La Banque Postale sells first euro benchmark of 2025 ◆ Mediobanca and DNB return ◆ Market 'to play catch-up' after scant supply in first five months