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Longer maturity plays into sovereign’s IMF-mandated strategy to substitute expensive local debt for external funding

◆ The Beatles may have a new, if that is the right word, song but one of their classics sums up Zambia's debt restructuring best ◆ The bank treasurer's dilemma ◆ A new index for the covered bond market

Italian banks should seize a lift in sentiment to distance themselves from the sovereign

Investor confidence surpasses target volume as SSD gains favour in market uncertainty

Unconventional techniques serve issuers well in volatile times

Sale took place on volatile day but big book saw it through

Europe’s corporate bond market full of shaken investors

◆ Bank pushes forward to raise capital outside of home market ◆ $750m deal rumoured close to 15 times covered at peak book ◆ Deal benefits from government support making it different to other AT1s

PIF sukuk the exception, not the rule as market insiders believe the window for Middle East issuers has snapped shut, with investors fearful and issuers balking at the higher yields they will have to pay

Santander makes case for G-Sib issuance but bankers insist minnows can price unsecured too

Europe's new listings are in a deep slump and poor behaviour by sellers will do nothing to help them recover

The yield curve is less inverted but it brings no relief to duration fiends