Top section
Top section
In terms of size, the trade surpassed its previous biggest dollar issuance of $6.5bn in November 2024
◆ Growing market depth supports wider product and issuer offerings ◆ French bank's adds senior non-preferred layer to its Kangaroo funding mix ◆ Deal mostly sold locally
LBBW's global head of corporates & DCM Patrick Seifert expects higher pre-funding in late 2026
Data
The single currency stands out as the most attractive funding source while the US dollar market remains open in size
Some evidence of green price advantage in secondary market, but not primary
Conditions support capital issuance, even though European Commission's report gave no clarity on the future of AT1s
Money centre banks pay to to land jumbo deals at sizes unheard of in euros
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
Bright spots in financial and corporate bond markets despite expected economic hit from escalating trade war
-
Next major day for US primary FIG is April 11 — JP Morgan's earnings, which typically heralds heavy new supply
-
US stocks have been the big loser, while European banks could reap profits
-
Trading activity and primary performance show covered bond robustness
-
Some borrowers eye depth of US dollar market, while others anticipate 'orderly impact' on euro spreads
-
Capital markets banker returns from US to take over Ponsonby's remit and more
Polls and awards
Cast your vote now to decide this year's covered bond award winners and express your views in our new market survey
Bond market's leading performers recognised at GlobalCapital's annual awards ceremony
The awards recognise the market's leading deals, issuers, banks and other participants
The winning institutions and individuals will be revealed at the awards dinner on June 17 in London
Sub-sections
Comment