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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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Smaller and lower tier bank issuers are enjoying extremely favourable funding conditions, with some able to choose between markets -
European insurance companies should make the most of favourable conditions to grow nascent asset class
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Although investors want sterling risk, issuers are not queueing up to issue
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Greece’s Piraeus Bank exit is another milestone in the rehabilitation of the country’s capital markets
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◆ Nationwide to grow asset size by a quarter ◆ Affords to pay 38% premium thanks to top ranking CET1 ratio in Europe ◆ Strong rally of Virgin Money bonds suggest acquisition likely to proceed
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Although demand could support a 15 year deal, issuers are reluctant to lock in higher spreads
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Bond market's leading performers recognised at GlobalCapital's annual awards ceremony
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The winning institutions and individuals will be revealed at the awards dinner on June 17 in London
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