Euro

◆ Bastille Day no hindrance for FIG issuance ◆ Cypriot lender aims to expand investors on the back of 'very good' AT1 tailwind ◆ More issuers looking at potential deals

German issuer has raised more than €60bn in 2023, with €25bn left to come

Banks itching to issue as they fight for investor attention to keep premiums tight

Central bank money is gone and rising rates are hacking at corporate credit quality

Lower issuance volumes for the rest of the year will help spreads and strategic planning

Issuers at either end of rating spectrum made to pay double digit premiums

◆ Inaugural public yen bond follows euro FRN and Yankee deals ◆ Yen funding comes close to dollar levels ◆ Gives TD longer funding than what it raised in dollars

◆ Outcome supported by earnings and market sentiment ◆DNB completes half of its SNP funding need with single digit NIP ◆ Beneficial timing

◆ TD unearths demand for popular FRN ◆ Canadian banks the largest floating rate funders in euros this year ◆ FRN volumes hit five year high

Issuer strikes lonely figure in Europe's high grade corporate bond market

While it might not be popular with investors, longer dated paper is what covered bond funders need

◆ Spanish lender captures strong demand despite last week's rates volatility ◆ Investors get opportunity to 'jump' into rare long end tranche ◆ Despite big demand other issuers are 'very cautious'