Currencies

Paper could arrive on Monday or Tuesday, ahead of flagship covered market event

Global head of funding Andrea Dore on this week's sterling and dollar transactions

Major corporates pile into short end of the private placement market

Project financings have stood out so far this year

◆ IDA prints 'rare seven year' and gets big demand ◆ IDA premium debated ◆ KfW targets 'popular' short end

◆ Both issuers shake off different macro uncertainties ◆ Geopolitical spike no hindrance for RBI's AT1 refi ◆ Société Générale erases concession despite French political risk

◆ Sovereign rides post-EU momentum, beats size target ◆ Deal priced flat to fair value ◆ Thuringia oversubscribed but Länder books shrink

◆ Whopping demand for Danish logistics group ◆ Deal lands comfortably inside fair value ◆ Green label helps execution

◆ Deal attracts granular book for a Pfandbrief ◆ Premium paid but outcome still 'fair' ◆ Elsewhere, Finnish sub-benchmark deal proves popular

◆ Protective Life executes its third and largest sterling deal ◆ Global Atlantic captures long end euro bid with a 'club deal' approach… ◆ …after an unusually long 15 year sterling outing

◆ 10 year non-call period is longest since 2014 ◆ Pricing comes very close to shorter Nationwide deal from June

◆ UK telco 30NC6.6 and 30NC9.6 hybrids ◆ Peak orders more than 6.2 times the total deal size ◆ Spreads tighten 50bp on both legs