Issues

◆ British issuer tightens both tranches 6bp ◆ Spreads in line with comparables ◆ Lloyd’s first covered since its sterling deal in March

◆ UK bank uses the first issuance window after earnings, central bank meetings and holidays ◆ Deal coincides with busy euro credit market ◆ Barclays attracts attention with relevant new issue concession

◆ French issuer tightens spread by impressive 8bp ◆ CFF's fourth covered bond in past two months ◆ Spread of 51bp was flat to fair value, says banker

◆ Pricing was tricky after Hamburg’s recent five year ◆ Is 7bp the new magic number for Länder? ◆ Five year demand lacking, Thuringia to test 10 year

◆ Issuer punches through 200bp ◆ Some concession still needed ◆ First domestic sterling deal in almost two weeks

◆ Fourth largest deal from any corporate in euros ◆ Concession needed to lock in size ◆ Marketed alongside debut Canadian dollar trade

Ex-Goldman Sachs banker joins Stanley in Dubai

Volumes and concessions are set to skip higher, hand in hand

Lower rates will need lower inflation — and an FOMC consensus

With masses to fund and spreads super-tight, banks will race to market, but central banks are expected to tighten

Gulf AT1 deluge will be a challenge, with or without drone strikes

Market participants gathering in Stavanger will focus on market growth