Cartoon

Uzbek issuance has fallen to near zero after a busy few years

◆ Issuer’s first public dollar deal since late 2021 ◆ New five, 10 and 30 year offered simultaneously ◆ Interest from European sovereigns grows for dollars

Sovereign curve has rallied since Orban left after 16 years in power, but Hungary is in a fiscal hole

◆ Scottish Hydro tests long-dated sterling demand ◆ Tight pricing limits further tightening from guidance ◆ Cadent extends its euro curve with 10 year trade

Musk's firm joins bumper dollar club and bankers hope other markets could follow

UK government can find direction by being determined on defence and green growth

◆ Asian issuer opts for £500m no-grow format ◆ Deal offers small new issue premium ◆ Deal takes cue from BMO and KHFC

AI issuance is becoming increasingly concentrated — beware

Books were nearly four times the deal size, a record €1bn

Markets are looking to the authorities to simplify blockchain issues, but they may not have the purest motives

Bpifrance landed the world's first European Secured Note this week, which could pave the way for regulatory recognition of the product

◆ Province lands £600m 2030 debut inside British Columbia ◆ Book tops £1.8bn as investors back high-grade Canadian name ◆ Cross-currency basis and Gilt spreads keep sterling window open for Canadians