Currencies
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City of Zurich and PSP Swiss Property take advantage of diminishing supply to appeal to investors with cash still to spend
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Germany faces funding shortfall for 2024 but problem extends beyond Bunds to agencies and Länder
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Senior spreads are tight and covered bonds risk widening further
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Busiest week since September and the market shows no signs of fatigue
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Bumper order book for housing association after year of little issuance from sector
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Wednesday’s deal takes French utility’s 2023 issuance past €7bn
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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
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Investment grade corporates keep piling into euros
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Supranational will return in syndicated format on Wednesday in dollars
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Issuers relied on dollar market to cross funding finish line in 2023