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Senior Debt

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FIG

BFCM sets record as Yankee FIG front-loads


◆ Largest euro SNP book since February ◆ Extra spread on offer versus other major bank issuers ◆ Instant secondary performance
◆ Rare format from issuer amplifies trend of UK lenders printing opco debt ◆ Arrives amid demand for debt from national champions ◆ Follows equivalent senior preferred bonds from French banks
◆ US insurance company prints in Europe for the first time since September ◆ Attains favourable funding versus dollars ◆ Second sterling FABN in less than a week
◆ Clean-up calls set to change how banks manage senior debt ◆ The Bank of England's SSA bond booster ◆ What is behind booming corporate bond issuance in sterling
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