Banks

◆ Favourable dollar market draws foreign and domestic FIG issuers ◆ NatWest chooses dollar for AT1 to achieve best post-swap cost ◆ String of senior issuance also offers rare five year FRN

A year after its surprise scoop of UK equities house Numis, Deutsche Bank is making headway in the league tables

◆ 'A nice print' say rival bankers ◆ US bank raised €2.25bn and 'could have taken more' ◆ Green FRN label questioned as 'nobody cares'

Redemptions, limited supply and a favourable rates outlook created a window for the issuer

Another German agency achieved a greenium to follow on from KfW deal

Issuers stick to the Länder rule book to maximise pricing

◆ Barclays pushes 'very impressive' AT1 flat to fair value after becoming net negative AT1 issuer ◆ Pension Insurance Corp follows euro peers with tier two ◆ 'Horribly undersupplied' investors pile in orders

Scott Kirkby joins from Bupa after stints at NatWest and Credit Suisse

Loan and bond distribution merged, new financial and advisory sectors

Deal will be secured against a pool of Singaporean residential mortgages

◆ Lloyds draws peak book of €5.1bn ◆ BayernLB launches green deal and pays 5-10bp premium ◆ SR-Bank senior preferred

German SSA supply set to continue in holiday-filled week