Currencies

◆ First Hong Kong dollar public bond from an international bank ◆ Broader investor access and larger size than PPs customary in the market ◆ Provides attractive funding

Major private credit investors aspire to more as funding from private debt seeks to go mainstream

Senior funding there for the taking, covered bonds yet to take off — but conditions are great for all

Wendel’s success this week could tempt others to seize the window

After meeting annual budgets in H1, loans bankers are hopeful a strong end to the year will count towards 2026

◆ Swedish bank prices the tightest senior non-preferred in more than three years ◆ Why spread breached 100bp ◆ Market 'busier than expected'

Aussie covered supply could rise if proposal to lift cover pool cap passes

Wendel’s trade stands alone this week while European names look for funding in US

Private credit is muscling in on investment grade credit. But the acid test will be whether it can compete on price

Seasonal slowdown sees demand cluster in one to six year vanilla private placements

Deutsche Bahn’s double notch upgrade hints at a tough time ahead for buyers

◆ Popularity allows Deutsche to price at tight valuation ◆ Follows the German bank's $2bn Yankee at the belly of the curve... ◆ ...and comes a day after UBS issued €2bn in mid to long dated maturities