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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
Analysts expect the first euro covered bond after the summer lull to be printed in the next two weeks following seven weeks of no issuance
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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
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◆ Rival bankers said it was ‘bad luck’ and did not reflect broader market sentiment ◆ News that US authorities opposed RBI purchase in Austrian construction company Strabag emerged during pricing -
More central and eastern European banks will issue in coming weeks
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After widening earlier this year, covered spreads are coming in
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◆ Order book size raises questions over buyers' pause ◆ RBI and NBG ‘two to watch’ ◆ Austria's RBI missed previous calls on outstanding AT1
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◆ FIG trio raises €1.4bn amid softer backdrop ◆ Market still looks better than a fortnight ago despite drop-off ◆ Icelandic banks reprice their 'anomalous' secondaries
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Illiquid secondaries for older deals led the syndicate to look at recent Dutch supply instead
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
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