HSBC
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Issuer overcomes worries of low levels of interest for long euro debt -
Both issuers needed to settle for static spreads that offered chunky concessions
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Deals end well for HSBC, UBS and Commerzbank while Caixa Geral de Depósitos had a tougher time finding demand
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Issuer followed trio of FIG borrowers into the market after day of jeopardy for UK government
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US conditions were brighter after Memorial Day holiday
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Smooth ride for sovereign, but trade hints at wider investor unease about long end bonds
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Korean credit card company’s trade is set to prompt more deals from the country
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Investors still favouring liquidity, but smaller issuers can get deals done
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The appointment follows the departure of veteran DCM banker Sean McNelis
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The bank promotes from within to lead its China research coverage
