Currencies
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Australian firm sparks hope that there is still life in Europe’s corporate bond market
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◆ ECB terminal rate belief anchors yields and stabilises mood ◆ Bond performance gives confidence ◆ But concerns linger over smaller borrowers' market access
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Sector shunned by capital markets finally posts encouraging figures
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Primary deal flow expected to resume next week, but amount raised will be small
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No let-up in issuance but investors running short on cash
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Swiss car leasing specialist hits ambitious target with unique covered bond structure
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◆ Issuer attracts €3.6bn book with just 5bp NIP ◆ Despite challenging backdrop and frequency of issuance, BFCM achieves 'solid' outcome ◆ Eight year tenor meets bid for duration
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ING analysts forecast historically low net issuance of €50bn in 2024
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Lender prepares four year covered bond deal as funding conditions appear to ease for Italy and its banks
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Hessen prices €250m tap as market braces for a week of data drops and central bank meetings