Currencies

Policy bank hopes building a full curve will provide more clarity to pricing

◆ Spanish bank obtains regional investor diversification and fresh capital ◆ Deal highlights subordinated funding is cheaper in dollars than euros ◆ Other banks should be encouraged to issue in dollars

Pent-up demand for five year dollar bonds helped attract $2.2bn of orders

Investors turn up for triple-B rated debt from out of favour sector

Issuer lands mid-teens new issue concession in short end outing

◆ Belgian bank completes its largest deal at €600m ◆ Debut green bond attracts ‘classic ESG’ investors ◆ Lower tier bank issuers are starting to face some indigestion in the euro FIG market

Supply resumes after issuers took a nearly three month break

Deals went well but have not dispelled concerns around the fragility of euro covered bond demand

Danaher spin-off water company plants its flag in the euro market

Issuers to 'de-risk' euro covered bond funding with short dated deals

After recent issuers choose size over pricing, HSBC prepares a rare visit with an expected ‘tight’ five year

The issuer has wrapped up its fixed rate dollar benchmark funding for 2023 but will continue to fund in other formats