Currencies

◆ Low concessions paid in the first part of the week ◆ Market tone worsens after US downgrade and rates volatility ◆ Wells Fargo chooses quick return for opco funding

Data centre companies will need to finance the expected vast new infrastructure

BAT, Mercedes-Benz and Daimler Truck head over the Atlantic for dollars

Investors’ need for duration adjustment drives long dated print to double digit negative spread

Borrower to cast wide net after completing over half its annual funding task

Already more big deals than last year, but numbers pale against recent averages

◆ Offshore banks eye August and September window ◆ Aussie dollar pricing comparable to euro curves for some

Japanese investors are keen on investment grade rated African debt

Issuance just shy at this point of most recent year with more than €320bn in bond sales

UK issuer is latest to use the market to diversify its funding lines

A more benign backdrop tipped to entice riskier credits into trades

◆ Improved funding in dollars for European banks ◆ The two issuers have been heavier users of euro and sterling markets this year ◆ Where is best to print in dollars for others eyeing the market?