Currencies
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Second telecoms hybrid of the week dials in blistering demand
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Unsecured issuance in euros catches up with last year thanks to improving funding conditions, smooth March
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Bank takes Morgan Stanley executive director to lead SSA charge
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Issuer clears £500m deal 3bp above where NatWest issued on Monday
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German agency gets €19bn of orders despite slowdown before holiday
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Borrowers raise total of £400m from quiet market
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Corporate bond market ends quarter as strongly as it began
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◆ Deal lures investors amid lack of euro issuance this week ◆ Moves in pricing by 35bp from IPTs on 6NC5 deal ◆ Follows after S$400m SNP diversification
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◆ Improved dynamics in the sterling market have lured issuers across senior and covered markets this week ◆ Lloyds' offering is among the rare deals from top UK borrowers ◆ Issuers funds with 5bp NIP
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Leeds Building Society is lining up a similar five year deal for £500m
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Agency achieves record tightening, plans at least one other public bond in 2024
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Week starts with a high beta tone as issuers prepare to cram into a short window