Issues

SSA spreads present the only major hurdle for rampant covered bond revival

A rush of US banks hit the primary market after full year earnings reports

Senior issuance remains the preferred funding route for European banks despite impressive covered bond recovery

January volume spike makes no dent in mountain of cash investors are sitting on

High yield issuers may be worried about market access, but some do not see them losing it

Confidence in rate cut path ebbs and flows, but has been shaken

The US bank is aiming to disrupt the corporate finance elite this year

◆ Deal prices near fair value ◆ Minimal attrition in order book ◆ Asset managers assessing AT1s versus senior paper and equity

◆ Danish lender raises €2.25bn of bail-in debt in one go ◆ Offers visible premium to lure investors for its acquisition funding of Spar Nord Bank ◆ Issuance strategy positively deviates from the past

◆ New 30 year printed at tight level ◆ Swap spread tightened? No problem ◆ Real money demand dominates

◆ BPCE attracts €5.3bn, Navarra €3.5bn ◆ Small concessions to fair value and govvies ◆ Longer dated Spanish deal lands inside higher rated French name

Norwegian aluminium company thunders through fair value despite threat of US policy changes