Currencies

Being ‘flexible and fast’ proves key for public sector issuers amid uncertain market backdrop

Direct lenders take the initiative as banks step back

◆ BofA taps market with a perp in post-earnings appearance ◆ Varied issuance from US and Japanese insurers ◆ Citi the only large US bank not to have issued in dollars after quarterly results

Pipeline still bottled up but deals could flow once first issuers shake themselves out

Big name needed to shock pipeline back to life, according to bankers

Improving sentiment lures retail giant but issuer opts for short end

As tariff storm eases, buyers grow more willing to move down the credit curve

◆ Nordea and CM Arkéa resume European senior funding absent since 'Liberation Day' ◆ Nordea likely to serve as floor for spreads in current market ◆ Arkéa goes slightly longer in its first deal of the year

◆ Undersupplied insurance sector lures buyers ◆ Bankers debate best comparables ◆ AT1 market reopens (sort of)

‘A strong focus on a fast execution process’ aimed to minimise uncertainty and volatility, says sovereign’s funding head

The Italian gaming group has amended and extended the facility initially completed in 2023

◆ New investors take part in 1.5 day sale ◆ Deal lands flat to peers ◆ Picking the right window 'difficult'