Issues

Slim window open for issuance until the Fed's November meeting

European lenders appear unwilling to pay up for maturity extensions, leaving US banks, like Morgan Stanley, to cash in on bond investors' appetite for duration

October volumes slump, with Morgan Stanley the only large US investment bank to have issued post Q3 earnings

Seminal report urging reform gains powerful backers

Banks cannot just trumpet green achievements and hide climate harm

One bondholder did query how Saudi Arabia went about the exercise

Dutch electricity transmission company gets four tranche deal away despite treacherous markets

The US bank’s overhaul aims to maximise market share in investment banking by boosting collaboration between divisions. It also makes it look more like rivals who once envied it, writes David Rothnie

German agency pays 4bp premium for a three year print at 46bp through mid-swaps

Thankfully for borrowers, vanishing opportunities can reappear just as suddenly

Core eurozone issuers pay higher new issue premiums after swap spreads tighten

Alongside a rights issue, the Romanian government received €25m of shares