Currencies

Volumes higher and pricing more aggressive than a year ago

◆ French issuer picks size over price ◆ ‘Three handle’ important to secure investor interest ◆ Danske readies fixed and floating rate notes

Bankers off deal say it was arb-driven

Insurer sets new tights for primary printing ◆ NIP opinions diverge on 10 year ◆ Sondrio pushes through fair value thanks to vanilla deal wrapped in green

◆ 12bp move from IPTs ‘remarkable’ ◆ €1bn print lands flat to inside fair value ◆ Iccrea to follow with 10 year OBG

◆ Greeniums on show in tier two euro deals ◆ Rarity and green elements generate negative NIP ◆ Aussie issuer follows major peers’ return to euros

Head of funding talks to GlobalCapital after breaking a decade long absence from capital issuance ◆ Issuer looks at covered and senior deals next ◆ New tier two deal has been among strongest recent FIG performers

Asset managers expected to feature 'a bit higher' in allocations

Deal is the first of its kind in Swiss francs and the latest milestone under the Swiss digital pilot project

Borrowers are using different strategies to optimise capital but strong market encourages the most subordinated deals

‘Rare occurrence’ where both issuers and investors are happy — but how long will it last?

◆ BPCE and Handelsbanken print first Yankee bonds of the year ◆ Citi increases perpetual size after $4.6bn book ◆ Flurry of activity from US insurers