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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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Russian issuance of euro commercial paper is set to grow this year following a “fantastic” 2012 that saw a number of new credits enter the market and the adaptation of mature issuance strategies, dealers have said.
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Bank issuers made a strong start to 2013 in privately placed euro medium term notes and euro commercial paper, printing a variety of deals on Wednesday. Dealers expected even more business later in the week.
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Icelandic banks are hopeful of issuing in the international capital markets in 2013 after the country’s government changes its tax laws.
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Six new companies will be added to Banesto’s Euro-medium term note and Euro-commercial paper platform next year, as corporations increasingly look to the formats for their funding.
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BRFkredit has placed German investors at the top of its wish list as it looks to shake up its buyer base next year and plots a first quarter benchmark.
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SEB is planning a more flexible approach to its money market issuance next year, as heavy demand for its paper allows the bank to push out its short term tenors.