Currencies

Wednesday’s deal takes French utility’s 2023 issuance past €7bn

Both the EU and its peer SSA issuers learned a little better how to work next to each other in tough conditions in 2023 but next year will bring bigger tests

Investment grade corporates keep piling into euros

Supranational will return in syndicated format on Wednesday in dollars

Issuers relied on dollar market to cross funding finish line in 2023

Covivio and Realty Income Corp put out impressive trades

◆ FIG sterling issuance lagging higher sales of unsecured euros in 2023 ◆ Investors show readiness to buy as Pacific Life's second deal receives stronger demand at tighter spread ◆ UK insurer to offer long tier two

◆ Higher yielding euro trades line up in emptying 2023 pipeline ◆ Piraeus prepares more Greek bank debt after peer Eurobank's popular deal ◆ German issuers stay defensive

Places for People also readies trade as sterling finds pulse

The sovereign last raised a record €22bn from a one year note

Euro primary continues pumping out trades with JDE Peet's and Covivio lining up

Banks may bring forward their 2024 funding plans to snap up duration as investors look to position ahead of predicted rate cuts