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◆ Post-ceasefire rally brings predictability to market direction ◆ Quick execution brings the deal within vicinity of fair value ◆ Price discovery needed within German senior preferred universe
◆ French bank swiftly acts after spreads tighten following ceasefire rally ◆ Fair value spread returns to pre-war level ◆ Bank pays small new issue premium
◆ Belgian bank captures strong investor commitment ahead of US deadline for Iran ◆ Execution completed in tight, fast-changing window ◆ New deal lands 10bp wider than its previous SNP with a similar concession
There's been a lack of ESG labelled FIG issuance in March, despite this year's volume being higher than last year
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Regional US lender Discover and CBA's Kiwi subsidiary enjoyed investor attention as they jumped into the dollar market ahead of the Thanksgiving holiday
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Capped size fuels Swiss insurer’s tight five year senior print
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Reversal in expectations sees UK buyers accounting for the largest chunk of demand in French bank's long dated senior foray
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Maltese bank’s senior non-preferred plans resurface two months after mandate
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Robust demand for unsecured paper in euros has allowed large as well as less frequent issuers to complete well-subscribed senior deals with strongest demand manifesting at the long end
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Bankers say sterling now offers attractive relative pricing versus euros