Currencies

A busy pipeline is forming in the SSA market as the EU preps its next scheduled transaction

◆ ECBC, ECB and US inflation put a stop to supply ◆ Issuers not missing out by not issuing in sub-par market ◆ Credit is the more appealing sector

◆ Italian bank returns after years of calls but no replacements ◆ Tight pricing cemented on super-scarcity status ◆ Austria’s Bawag gearing to increase capital with new issue and tender

Non-farm payrolls show softening US employment but numbers are not clear enough to indicate 50bp cut

Borrowers try to slide in before ECB meets on Thursday

Head of SIX Digital Exchange explains to GlobalCapital the next steps in Swiss distributed ledger evolution

◆ Swedish agency goes head-to-head with competition ◆ Prices tightly to, or even through, dollar curve ◆ Agency monitoring a range of markets

Volumes tipped to be down next week, with borrowers cramming into first three days

Canton of Zurich comes sharply outside last deal

◆ Debut deal spotted tighter in secondary ◆ Some investors keen to get lines in place for future issues ◆ Buyers fine with unusual structure

Bank capital issuance spree set to run as investors lap up even lower credits

Borrowers’ focus on how far a deal moves during bookbuilding leaves many baffled