Euro
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Several factors have aligned, lifting covered bond demand
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Like previous deals, the new structure did not evoke much interest
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Promoting benefits rather than fearing scams and bubbles is key for growing crypto market
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‘We decided to go for it. Obviously a lot of other people had the same idea’
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Less frequent issuers face tricky bond execution as De Volksbank fails to move past initial pricing
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German personal and casualty insurer to print sub-benchmark deal after two days of marketing
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French post-election relief rally and central bank concerns to spur senior bank issuance this week
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Even French presidential election not enough to take investor focus from central banks
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Higher yields could sap demand for emerging market MTNs
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Bankers are hopeful that FIG borrowers who pay for debt in dollars will continue to take advantage of sterling and Swiss franc funding arbitrage
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UK building society benefits from scarcity value even as investors err towards more frequent issuers
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US banks' euro secondary spreads have widened following a generous, arbitrage funding from Bank of America