Currencies

Sovereign to focus on preserving and injecting secondary liquidity next

◆ Issuance may be concentrated on Tuesday after a single deal on Monday ◆ Prospects for euro paper brighter than dollars ◆ AT1s in any currency likely to do well in this market

◆ Callable FRN structure is ’positive evolution’ ◆ Longer fixed tranche draws €5.6bn orders ◆ Duration for high quality names still sought

Evidence grows that companies can sell bonds successfully any day of the week

A smattering of deals could still arrive this week as issuers navigate public holidays

German issuer set to brave the market during a data and holiday filled period

Bolivia-headquartered bank eyes more yen, Mexico debut after approval of capital increase and new charter

Traditionally issuance-free days of the week now open to deals

◆ Lender takes advantage of demand for higher yielding FIG names ◆ Completes annual funding and MREL requirements ahead of time ◆ Other lower tier European issuers execute similar deals

Fonplata, Province of Manitoba and AFL are the latest SSA issuers to look to Swiss francs

Mining, industrials and chemicals flagged as sectors ripe for debt-funded consolidation

The Aussie dollar investor pool is diverse deep; dive in and take size