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Senior Debt

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◆ Bankers see European FIG market at near perfection ◆ BBVA extends curve though pays more for 10 year non-preferred foray ◆ UBS goes big in belly and long end at minimal concession
◆ Deal attracts €5.5bn of orders ◆ Big book enables issuer to take size ◆ Price included minimal concession
◆PacLife the sole sterling note on the day ◆ Follows two FABN trades on Monday ◆ 'Sensitive' book drops by almost half as leads tighten within 5bp of NY Life's Monday note
◆ Two banks launch deals in same tenor and asset class ◆ Danske secures tighter price◆ Nationwide's book 'underwhelms'
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