Currencies

◆ Demand 'surprised to the upside' ◆ Deal attracts largest final book since August ◆ Trade spotted 2.5bp tighter in secondary

Central bank does as expected amid corporate bond demand that outstrips supply

◆ Deal sees $4.25bn in demand ◆ Good value versus tier one SSAs ◆ Short-end dollar attracts interest

◆ German agency deal not fully covered ◆ ‘Today wasn’t a good day’ for SSAs ◆ Question on screen levels

◆ Reg S only but multiple times oversubscription ◆ Issuer's first subordinated debt under new Swiss insurance solvency framework ◆ Zurich funds roughly flat to Allianz, though peer issued a larger bond

Company acknowledges challenging road ahead amid massive $35bn raise

Informa, Würth, Royal FrieslandCampina and Shurgard slot into day of lesser followed names

◆ Issuer eyes further outings ◆ Book closes in excess of €820m ◆ Multi-day marketing period supported demand

Supplementary budget might see Länder use late November window

◆ First 10 year plus sterling deal outside of UK issuance for years ◆ Pricing will appeal to bank treasuries despite tight level to Gilts ◆ Third 2024 World Bank sterling trade

◆ New trade is longest and largest in euros from the Japanese non-bank financial ◆ Some premium offered after eyeing tighter landing ◆ Outcome deemed ‘good’ considering smaller following to bank issuers

Hotel company raises €600m across private markets