Canada

◆ Strong local demand shows eagerness to buy Aussie covereds at new, tighter levels ◆ RBC prices in line with CIBC's reopener of dormant sector ◆ Onshore demand seen supporting issuance up to five years

◆ RBC to follow compatriot CIBC with five year public deal ◆ Earlier trade 'corrected' scarce supply, achieving high oversubscription ◆ Both banks appear ahead of expected local regulatory changes to covered bond treatment

State-owned bank Spuerkeess has not indicated when it will issue its first bond

◆ Treasurer says EDC 'purposely waited' for benign US CPI print ◆ Central bank share of dollar order book swings 10% higher ◆ Hedge funds at the table and 'have a role to play'

◆ EDC prints tightest US dollar deal from a Canadian this year ◆ Tight spread to US Treasuries 'looks good for Canada risk' ◆ World Bank mandates seven year dollar floater

◆ EDC had originally considered last week for dollar deal ◆ Favourable dollar funding could tempt European SSAs ◆ Five year tenor safer option

◆ Canadian borrower issuing outside BoE collateral rules pays same spread as Quebec ◆ Asset managers lead book as bank treasuries take just a quarter ◆ Second sterling benchmark extends PSP's curve past debut

Nato members and Ukraine join forces in leading global defence bank as UK and three others pursue MDM project

◆ Reverse enquiry pulls province back to strategically important euro market ◆ Ontario pays more than February deal as provincial supply reprices sector ◆ ‘Goldilocks scenario’ of asset swap and G-spread buyers

◆ Great-West Life more than three times subscribed on second euro outing ◆ Pricoa brings FABN in sterling ◆ Banker 'surprised' with busy Tuesday for FIG

Guillaume Pichard, assistant deputy minister, on the five year call, the repo boost and the cost versus home

◆ Canadian province tests post-Starmer sterling ◆ Five year choice keeps the buyers ◆ New issue concession estimated