Issues

◆ French bank double taps the dollar market to raise $4.75bn in senior and deeply subordinated debt ◆ BNPP attains its largest ever senior order book as demand reaches $15bn ◆ US insurance companies fund

Signs of indigestion in the market after record buying from investors

Nothing on horizon to hold market back once earnings blackouts end

Egypt and Tunisia are in a stickier state than Kenya but investors expect them to survive near-term

Human rights and transition plans at risk as conservatives block reform

UK wins add surprise benefit ahead of US push

Al Gaseer moves to vice chair of GCIB

German issuer is also monitoring issuing conditions in dollars and smaller markets such as Kangaroo

◆ High oversubscriptions despite tight pricing show investors’ eagerness to buy FIG ◆ RBI prints a day after announcing potential Belarus exit ◆ Mizuho’s long 10 year confirms bid for duration

This week's refi is more cause for relief than celebration

Nordic ECM has had a more positive start to 2024 than 2023, with over $2.6bn raised via 43 deals

Borrower first to brave the tenor, and sees bulging order books as a result