Currencies

Spreads tightening for UK housing associations at a time when ‘huge amounts’ of funding needed

◆ Bankers away from syndicate praise the outcome ◆ ‘A good test’ for next week when volumes are expected to increase ◆ Recent volatility reflects ‘recalibration, not reassessment’ of risk

Residential real estate company cruises through despite billions in losses

Investors pledged over €875m of orders for the sub-benchmark sized deal

World Bank, Ontario Teachers’ and Development Bank of Japan kept investors engaged after the holiday

◆ Investor demand for FRNs is ‘not something you would expect’ ◆ Rare callable format works for issuers ◆ Money market and short credit funds among the buyers

Good vibes from March’s roaring issuance window expected to continue into Q2

Swiss solar module developer prices fresh capital increase for US push

First emerging market sovereign to issued in the Swiss market since 2017

The French bank attracted a peak book of over €2.65bn

TD has been the only Canadian bank to visit the market this year so far

◆ Ireland's Permanent TSB Bank has 'reasonable credit story' ◆ Italian BFF offering 'could be interesting test' ◆ Rates volatility and reduced liquidity could pose challenges