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◆ Capital trade attracts investors for juicy return in tight market ◆ Slightly longer 11NC6 structure chosen for triple digit spread and 4%-plus yield ◆ Deal cleared at low single digit concession
Siena deal is backed by a $1.5bn portfolio
This is mBank’s sixth SRT transaction
French bank opts for AT1 while Lloyds progresses senior funding plan
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Less frequent issuers making the most of market with strong bid for yieldy assets
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European bank trio pushes dollar AT1 volume well above the same period last year
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Bank dollar issuance for 2026 surpasses $310bn amid benign funding conditions for all sorts of FIG debt
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Deals are a clean way for Santander to shed risk on old loans
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This is the second credit card ABS master trust debut of 2026
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First Irish auto ABS since October goes on screens day before Santander consumer ABS prices