Issues

Negative concessions and bumper books swapped for getting stuck at IPTs and paying double digit premiums

◆ Eight foreign banks raise more than $18bn in three days as BMO adds another $1bn to multiple perps ◆ M&A funding also boosts February FIG volume to over $50bn ◆ Slow down felt by Thursday as spreads widen

Germany SSA repricing needed but will Länder have to cheapen, or does KfW have room to tighten — and when?

JP Morgan’s top banker in Europe is known for his determined style and will not shy from the big decisions needed for Citi to deliver on its plan

Falling inflation and resilient US economy have driven a dramatic rally of risk assets

UN calls on finance firms to back ambitious plastics treaty with ING first to sign statement

Following a blistering start to the year, there are signs of investor fatigue

Tight spreads are drawing issuers and investors to lock in high yields while they can

Bankers hopeful more supply will follow, but no pipeline forthcoming

Bond was sized to ensure secondary performance, and it indeed it has performed

◆ Raises lower end of €1.25bn-€1.5bn target after feedback ◆ Reintroduces positive new issue premium from major FIG issuer ahead of possible slowdown ◆ Follows Singapore dollar tier two

Cheap, high quality equities combined with renewed commitments to Europe’s capital markets make this an interesting time to invest in EU companies