Currencies

Currency's higher yielding appeal has lured investors across the capital stack

Issuers rewarded with tight pricing

More US banks have used callable format for opco dollar issuance this year

Issuance beyond 15 years could return if rates stabilise

Large auctions, new 30 year and ‘two-lens' pricing approach among key expectations for bloc’s July-December funding

◆ US company aims to issue more frequently in euros ◆ Final book heard at €1.75bn ◆ Favourable relative pricing at seven years

◆ Debate whether priced through US Treasuries ◆ Tighter than fixed ◆ Tenor handed investors optically pleasing spread

◆ UK bank's first European opco deal in more than five years ◆ Higher real rates spurred demand for short-dated assets ◆ Larger FRN clears with no premium

Financial services firm Fiserv mandates dual-tranche euro trade

◆ Heathrow and ADP offer concessions for longer dated trades ◆ Investors 'more selective' and 'want to be compensated' past 7 years, says banker ◆ Avinor's state-owned status helps it land through fair value

Kookmin Bank goes digital in dollars, yen issuance ahead of BoJ, as Volkswagen meets euro demand

◆ Insurer's debut in euros, having issued in US dollars and sterling ◆ Took larger end of size range ◆ Deal offers relative value to Aussie banks, lead says