Currencies
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Meanwhile, aGerman issuer prepares to reopen covered issuance beyond 10 years in a crowded market
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Supranational intends to become a regular issuer with at least one benchmark a year
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Morgan Stanley gets $25bn of demand for senior and sub deal
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Large borrowers like the EU are making pricing more difficult for slighter public sector borrowers
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Investors chasing higher yields and spreads have poured large orders into lower rated bank debt. More issuance is expected to target this demand
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Fatigue is creeping in, but demand remains for deals that offer something a little different
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Foreign issuers offering higher relative value draw in international investors
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For the first time since the euro sovereign crisis, pension funds are buying long dated corporate bonds
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A resurgence in corporate hybrid issuance has highlighted another problem with life after ECB bond buying
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The issuer decided to move early and built a healthy order book
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Electric company goes as far as 30 year but deal shows small signs of waning demand for ultra-long corporate debt
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The issuer went longer on the curve after recent deals from peers hit three year sector