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National Grid, NatWest and Roche lead a broad mix of issuers this week
Bankers expect more currency diversification but the biggest wave of isusance may still be to come
◆ UK utility follows Canadian dollar deal with Swiss debut ◆ Deal offers savings versus euros ◆ Investor limits leave no room for further tightening
Bankers expect some supply next week before a proper reopening beginning August 24
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◆ French company out for four and 20 year bonds ◆ High demand split evenly between them ◆ Both tranches tighten by 42bp during bookbuilding -
◆ UK telecom out in sterling and euro ◆ Undersupplied sterling still draws big crowds ◆ Volumes tipped to nosedive from midweek
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Swiss bank is only the second institution globally to use the instrument
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Dollar market shrugs off war threat
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Nato commitment to ramp up defence spend a boon for defence sector debt chances
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◆ German supermarket chain brings three and seven year bonds ◆ Books keep growing even with guidance flat to fair value ◆ Volumes tipped to nosedive after this week
