Location

Some fear over-regulation, others welcome level playing field

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?

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

Issuer follows CPPIB into an otherwise quiet market for the currency

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

◆ 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

Danish agency scored largest ever book and at a tight spread to US Treasuries

There is a strong investor bid for non-eurozone names