Issues

◆ Tenth syndication probably bloc's last for 2024 ◆ Large subscription ratio as usual ◆ January looking 'extremely positive'

Co-head of European and Asian emerging markets departs

Toll road company tightens 50bp and sees ample demand

Lev fin banker will begin job in the new year

◆ Spanish issuer funds with no new issue premium, if not breaching through fair value ◆ Market shows approval of the lone senior FIG print ◆ 'No major impact' spotted from BBVA's takeover expectations

Recent Länder deals shed light on where covered bonds might clear

◆ Austrian bank completes strategic capital refi ◆ Investor response show 'no consensus' on pricing for 'very esoteric name' ◆ New deal has lower funding cost than March's pulled attempt ◆ Other debut issuers show deeply subordinated capital remains desirable

◆ Donald Trump’s threat to ESG finance in the US ◆ Why ‘woke capitalism’ won’t be put to bed ◆ UK auto ABS faces up to compensation crisis

Digital Gilt issuance to learn from ECB Trials and help London grow as a distributed ledger technology bond centre

Hot conditions favour M&A financing from Cardinal Health

Hot market conditions encourage pre-funding, amplifying borrower dilemma ahead of busy January

Pecking order changes as some challengers' investment pays off