Currencies

Pension funds 'very much present' in the deal and central bank demand 'quite remarkable', says issuer

◆ French bank issues its first euro AT1 in three years ◆ Deal lands flat to fair value, according to sources away ◆ UBS prepares its second Australian dollar AT1 after September's market reopener

US hyperscaler plans to print 17 tranches, including a rare 100 year sterling note, across three currencies

◆ First IG corporate SLB of the year ◆ Deal lands at tight end of guidance ◆ Interest in SLB format on the slide

Japanese government bond yields have risen during the last few months

Attractive pricing versus dollars luring GCC borrowers back to the single currency

New product 'ticks boxes' including more investor diversification for Paris-based supranational, which also sold its largest Kangaroo

◆ UK lender raises $4.5bn-equivalent in five senior holding company tranches this week ◆ Both deals target long dated funding ◆ Despite secondary widening, euro offering lands with hardly any premium

◆ Insurance companies anchor long dated green tranche with near-4% yield ◆ Curve extension debated ◆ Deal comes amid widening secondary spreads but lands with negligible premium

◆ 52bp reoffer equals Nordea’s multi-year record ◆ ‘Insane’ levels show FIG spread compression, rival banker said ◆ Buy-and-hold investors prioritised

Post-earnings issuance surged with borrowers taking advantage of tight spreads to raise more than $14bn in early February.

Newfoundland prints 20 year, Crédit Agricole debuts a green covered bond