Currencies

◆ Issuer achieves cover ratio record ◆ Other markets in play for remaining $3bn needs ◆ More SSA dollar issuance to come

French deal lands close to its euro curve

Tightening trend in private credit pricing has reversed since April 2, but reliability is funds' trump card

Issuers back to comfortable position ahead of summer months after busiest week in euros since February

Long end of curve proves to be the strong end

The German agency has been working on bringing up the liquidity of its bonds

Insurers and asset managers drive long dated revival

Asset class war breaks out as FIG market complains Reverse Yankees are stealing investors away from their deals

◆ Larger deal than its previous subordinated sterling issuance ◆ Funding cost comes close to euros ◆ Two ways to construct fair value

Issuer takes size at a competitive price on first foray into Swiss francs

Private equity buyers look for finance as they buy up infrastructure assets

◆ HSBC raises more than $11bn-equivalent senior and subordinated funding in a little over a week ◆ Hits improved sterling market for first time since September ◆ Broker IG Group makes its second bond appearance