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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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◆ Unlike Commerzbank, long end book holds together ◆ Premium paid ◆ Scarcity of Japan names in euros
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◆ One tranche experiences more attrition ◆ New issue concession varies on legs ◆ Fast money investors exhibit sensitivity
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The bank printed Estonia's first ever international AT1 in February
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HSBC doubles down with first Yankee AT1 deals for three months
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AT1 issuance is expected to slow after recent burst of supply
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◆ ABN eyed traffic jam ◆ NIBC competes with popular names ◆ Pekao manages book sensitivity