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Capital deals and a tight Nordic senior print point to what lies ahead for issuers
Attractive market across the capital stack prompts expectations for foreign bank supply until the very end of August
◆ Swedish lender prices in line with Nordic banks' trading levels ◆ Among some of the tightest five year prints since early 2022 ◆ New funding provides 'timely opportunity to re-engage with investors,' says Swedbank's head of funding
French bank opts for AT1 while Lloyds progresses senior funding plan
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Issuance from smaller domestic borrowers dominated the week's new issuance in the dollar market
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Average concessions for unsecured bonds in euros jump to 16 month high
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Conditions support capital issuance, even though European Commission's report gave no clarity on the future of AT1s
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Large and small US banks add perpetual capital to their funding mix amid tight spreads
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Green bonds' share of total FIG euro issuance is higher than in the previous three years
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Takeover will increase the Hungarian bank's total assets by around 13%