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Floating rate note issuers have had the jitters over negative coupons since they became an unwelcome reality in April. But Europe’s banks, by keeping it simple, may have found a solution to the problems they pose.

Toronto Dominion Bank was this week able to muster strong demand for a five year covered bond which priced cheap to Royal Bank of Canada’s seven year, which struggled.

It’s looking suspiciously like an early summer holiday for Europe's investment grade corporate bond market, with this week bringing just one deal in euros — and that only a €500m print.

Greece and its creditors appeared to be settling in to the late night stages of a marathon poker session this week, but market optimism of a deal on Thursday failed to save other sovereigns from punishing rises in their borrowing costs.

Borrowers in the sovereign, supranational and agency sector could find their funding plans rocked by whipsawing government bond yields for months to come.

When the Chicago Board Options Exchange (CBOE) last week bought equity volatility analytics and data provider Livevol, Inc. for an undisclosed amount, it became the latest exchange to take over a job formerly done by its members.

Eurofima and KommuneKredit attracted strong demand for outings in long-dated Australian dollars and Swiss francs on Thursday.

Skandinaviska Enskilda Banken (SEB) and Swedish Covered Bond Corp (SCBC) issued covered bonds of almost identical credit standing this week, but with very different outcomes.

Cairn Homes, a new Irish housebuilding company, completed its IPO in London on Wednesday, raising €400m in the largest Irish flotation for years.

Egypt’s requirement for energy and infrastructure financing continues to mount, say bankers, and could provide a pipeline of loan deals well into next year.

Bankers have cautioned against expecting Akbank to set a template for peer Turkish banks with its three year loan offer, saying the reduced lending group suggests others might struggle to emulate the deal.

Shares and rights of the two Italian banks going through recapitalisation rights issues made big moves again on Thursday, but bankers believe the deals for Banca Monte dei Paschi di Siena and Banca Carige will still succeed.