Currencies
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Issuers tasked with resuming public sector's autumn supply in the past will do the same this year -
‘Undersupplied’ investors hunger for rare sterling paper from domestic banks
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US firm picks the short end to resume its operating company funding
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Supply chains under renewed pressure as Europe teeters on edge of recession
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The riskiest of investment grade issuers find themselves the belles of the ball
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Covered and senior funders slipped into Swiss market ahead of what is set to be a busy few weeks for supply
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Supra sells the longest SSA bond in the currency in recent weeks
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◆ €500m no-grow print avoids competing supply ◆ 15bp-20bp needed to seal the deal ◆ Smaller names should be prepared to pay up in August supply rush
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Issuance not expected to return until the final week of August
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Pricing is expected around September 7
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The issuer has kept sterling investors busy with 12 deals this year
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◆ Investors flock to rare senior sterling sale ◆ 35bp spread move the joint largest of the year so far ◆ Danske joins sterling frenzy with second helping of senior pref
