Europe
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SLL issuance is down this year but the decrease has narrowed, helped by June and July issuance
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After two weeks of snoozing, the market is about to kick off its boots and get running
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HQLA investors have reallocated away from covered and into SSAs
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Sovereign aspires to stay active in euro market to fund foreign reserves and set benchmark for Icelandic issuers
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Major deals needed to draw attention back to sterling as billions flows out of IG funds
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The BoE's new MREL regime will be transformative for the UK's smaller banks
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Club-style PP helps issuer sidestep summer execution risks
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Veteran funding official to exit after more than three decades
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More companies considered IG could lead to more financing through private markets
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◆ First syndicated covered bond since early July almost four time covered ◆ Deal lands tight but still offers SSA pick-up ◆ RFPs circulate as pipeline builds
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Capital raise consequence of the Trump administration's onslaught on renewables