Currencies

◆ Political instability pushes French spreads wider ◆ 'Investors see value' in heightened spreads ◆ BFCM's execution could guide others

◆ NRW.Bank had failed to reach target size ◆ Price guidance begins with 'cautious' start ◆ 'Busy dollar' SSA market expected

◆ Flow picks up in undersupplied currency ◆ Deals get decent support ◆ More sterling issues to come

◆ Supra raises €2bn instead of €3.5bn ◆ Impact on other SSA deals considered ◆ Deal seen as 'quite tight'

Bankers see stabilising activity after sustainability-linked volumes 'decoupled' from wider lending market

◆ French issuer sells hybrid and two year floater ◆ Peak orders for hybrid more than eight times deal size ◆ FRN prices inside fair value

◆ Second French senior bond in a row after slight improvement in tone ◆ Clear concession to cushion political jitters ◆ €4bn book proves appetite for French FIG

◆ Funding completed ahead of more political instability ◆ Deal leaves no concession, according to rival bankers, when others are paying up ◆ Total book larger than deal size but only with JLM orders

CAF's Manuel Valdez discusses the issuer's huge blowout and future funding opportunities

International borrowers back in Swiss francs as long tenors find traction

Primary market unruffled, but EFSF and EU to test sentiment next week

Multi-year high August volumes raise questions for next month's issuance