Europe

◆ High yields pull investors into local currency AT1s ◆ SR-Bank to use proceeds to refinance March AT1 call ◆ Will hold tender for existing bond to reduce cost

French agency aims to diversify currency mix via benchmarks and PPs, and execute euro taps

Swiss metals trader enlarges deal and expands lending group with link to EcoVadis rating

Existing shareholders each gave away part of or all of their rights, making way for new family office to wield a stake

Financial institutions’ funding requirements point to a busy start to their bond sales in 2024. But, as Atanas Dinov reports, banks may need to compete for attention not only with other financial credits but with the broader fixed income universe, as we reveal the results of our FIG market survey

The main consideration for eurozone banks at the start of 2023 was to garner what remained of the ECB bid for covered bonds but by the end of the year they had negotiated not one but two crises. Sarah Ainsworth reports on how, despite all the volatility, they navigated another strong year for issuance

The Swiss franc bond market weathered the collapse of one of its two biggest players in 2023 to enjoy its busiest year since 2014. Investors welcomed foreign issuers from all quarters with open arms and, as Sophie Astles writes, those visitors may be here to stay

Big demand expected but companies still wary on debt plans

Despite prevailing bleak sentiment from expensive Pfandbrief issuers, the market is bracing for the reopening of the long end of the market

Hundreds of billions due for refinancing but expected lack of new opportunities makes this less daunting

The Swedish landlord's rights issue attracted strong support

Spreads have been resilient as S&P says limited impact on covered bond programmes from Austrian property company's default