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Higher yielding bank capital remains popular in dollars as HSBC stretches out to a 10 year non-call period
European Central Bank's more 'balanced' tone may offer reprieve for bond execution
Inflation fears and rate volatility keep euro issuance at bay
Corporate and unsecured financial issuance unlikely to restart in earnest as yields climb
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◆ Big year for Reverse Yankee bank issuance now tops €30bn ◆ Goldman back for first time since January ◆ Deal nearly 2.5 times subscribed
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◆ €500m deal NBC's second of 2025 ◆ NIP debated ◆ EBA says market backdrop 'uncertain and volatile'
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Market participants say spreads remain at attractive levels in dollar senior paper
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◆ Book tops €3.6bn ◆ Deutsche's first senior preferred in almost two years ◆ A few more FIG deals expected
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◆ CaixaBank's first sterling trade in almost three years ◆ No orderbook attrition on reoffer ◆ Unsecured pipeline discussed
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◆ BFCM prints joint-largest deal of latest burst of issuance ◆ French bank streak jumps to €4.5bn ◆ BFCM pays some premium for 'heavier curve'