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Just getting a deal done should be considered a success
It is difficult to see issuance conditions growing much better in the foreseeable future
Looming political upheaval is putting pressure on French banks to pay up to pre-fund but recent deals show what is possible and at what price
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Asian buyers driving callable SSA market have resurfaced in public benchmark deals -
Public sector issuers have become more flexible when executing cross-currency interest rate swaps
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Politically motivated prosecutions endanger democracy
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Solutions exist but political will is necessary
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It will take years and huge amounts of money to get Venezuela in a state to restructure its debt
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Equalising risk weightings of covered bonds and resilient STS securitizations at 5% is sound
