Currencies

US fiscal woes across keep investors on edge as sensitivity to public debt grows

Second busiest week of the year but some see signs that investors are losing interest in new paper

With conditions this good, it makes sense for companies to take a dip

◆ First euro green bond for the issuer ◆ Spread to peers 'quite an achievement' ◆ Solid order book throughout

Larger deals expected to hit market 'anytime'

◆ Swiss bank issuance is novel for the euro FIG market ◆ Mixes elements of senior and covered FIG debt, and SSA bonds ◆ State-backed deal performs well

Now 75% funded for this year, the agency is planning another benchmark for after the summer

◆ Mercedes-Benz continues corporate sterling run ◆ Small orderbook after lead interest discounted ◆ 2030 bond lands inside the company's 2028 notes

Some borrowers are taking a break but others are taking it seriously

Bank is cutting 230 MDs and directors globally

◆ Positive market backdrop for larger and smaller issuers ◆ Canadian bank taps favourable euro funding at similar level to the US market ◆ Smaller Italian lender Sella crunches spread from a year ago

Flooring company's bespoke 'super senior funding' was done away from the syndicated loan market