Currencies
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The high spread and short tenor helped haul in demand on a difficult day
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Issuance heats up life as European banks scoop over €5bn from market
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Oversubscribed Italian deal paves way for peers
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Sovereign garners fraction of demand of more liquid issuers
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Three year part of the curve still popular choice in the currency
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Supranational drummed up €23bn of demand as Grand Duchy eyes 20 years
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Issuer achieved more favourable cost of funding on the sterling tranche prompting bankers to expect more deals in the currency
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Aussie lender ends three year absence from senior bond market in euros with green deal
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Lack of domestic FIG supply propelled demand for the Sfr250m issue
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Issuer draws demand of more than six times deal size for its June 2027s
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Sub-benchmark deal could pave the way for other capital trades to follow