Currencies

◆ Sub-benchmark deal garners strong domestic bid ◆ Pick up offered to SSAs and larger deals ◆ Small concession needed to secure long end deal

◆ Inaugural green bond for Belgian real estate ◆ Solid demand at allocation despite orderbook attrition ◆ Low single-digit new issue premium paid

◆ Trade the first since merger in May ◆ New name appeals to sticky investors ◆ No concession needed to secure size

◆ Recent EU syndication provided encouragement ◆ Greenium debated ◆ ESG investors bolster orders

◆ German bank's first sterling senior note in almost four years ◆ Premium paid ◆ Valuations 'quite squeezed' in wider sterling market

◆ Debut deal follows similar private placement ◆ New deal prices tighter than the PP sold three months earlier ◆ 'Good timing' for debut offerings

Oversubscribed loan adds $800m of liquidity

◆ UK ports operator extends sterling run ◆ Orderbook remains sticky despite tighter spread ◆ Negative new issue premium

◆ Largest CEE deal since 2013 ◆ Issuer ends five year absence with tight print ◆ No concerns over French parent

◆ Three year maturity shorter than recent deals ◆ Tightest yet versus USTs ◆ Record breaking book for Canadian issuer

◆ Orders swell despite lack of new issue premium ◆ 'Severe shortage' of deals ◆ Nationwide 'optimises' its tier two capital

◆ Smaller Italian bank has limited name recognition beyond home territory ◆ But strong book thanks to positive sentiment towards country ◆ Wide range of southern European banks used as comps