Currencies

Presidents and premiers are said to obsess about legacies. Nearly two years after leaving office, Liz Truss may be about to secure hers

◆ Foreign FIG issuance so far in 2024 outstrips last year’s volume by more than $20bn ◆ Multiple Canadian and Japanese lenders print ◆ US banks prepare capital plans after the Fed’s latest stress tests

European ESG funds saw $16bn of inflows up to June, but a potential new government in France could curtail primary volumes

Shorter deals and higher premiums needed to secure covered sales

Government takes another step forward in ESG financing after recent green debut

SSA bankers 'not terribly optimistic' about primary activity

Spanish name joins Pirelli and ERG in printing ESG debt

Investors are looking for higher yielding deals

No premium needed for $750m seven year sale

Supra issuer aims to fund $15bn in the year from July 1 and remains committed to dollar benchmarks

◆ Rare deal achieves 4.5 times subscription ratio ◆ Investors keen to buy German issuers ◆ Bankers hope German recovery will reopen wider European FIG market

Issuer to stick to usual pattern with last syndicated benchmark of the year