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Hong Kong dollars continue to develop into a mainstream funding currency for SSAs
Ex-Crédit Agricole banker to be based in Paris
Édouard Sauce had been with the firm for almost a decade
Dollar and euro flow picks up in private placements
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Pohjola Bank has raised €260m with its first private medium term notes in euros since December, finding demand just days after exiting its blackout period.
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Caisse Française de Financement Local, the newly state-backed entity that formerly issued public sector covered bonds as Dexia Municipal Agency, is set to become a regular issuer of privately placed euro medium term notes after printing its debut trade this week, said dealers.
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Promsvyazbank has launched a $1bn euro commercial paper programme, joining a host of other Russian issuers that have entered the market over the past 18 months. But with institutional investors shunning Russian ECP, demand for the bank’s paper will be limited, said dealers.
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Caisse Française de Financement Local, the newly state-backed entity that formerly issued public sector covered bonds as Dexia Municipal Agency, is set to become a regular issuer of privately placed euro medium term notes after printing its debut trade this week, said dealers.
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Promsvyazbank has launched a $1bn euro commercial paper programme, joining a host of other Russian issuers that have entered the market over the past 18 months. But with institutional investors shunning Russian ECP, demand for the bank’s paper will be limited, said dealers.
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Filippo Ginanni has left Crédit Agricole just a few months after joining the bank.