North America
-
US FIG issuance spikes above $90bn ahead of expected Fed rate cut -
Market participants hope more jurisdictions will follow as Canadian duo attract record demand
-
Loan market tranquil but outlook is not pretty
-
Banks see opportunities in supporting direct lenders' ESG loan initiatives
-
◆ Possible record demand for first non-UK benchmark since PRA debacle in April ◆ Deal lands flat to fair value and euros ◆ Market hopes more names will follow
-
◆ Engie electrifies orderbook ◆ Deal lands flat to or a touch wide of fair value ◆ Frontloaded issuance forecast for next week
-
Big deals offer a chunky margin to fee starved lenders
-
◆ TD prints largest euro deal for a year ◆ Strong demand for rare three year notes ◆ Minimal premia needed
-
Multi-year high August volumes raise questions for next month's issuance
-
Diverse deals hit US market as investors look for yield pick-up across issuer types and formats
-
◆ Five year 'would have been simple option' ◆ Building on success of World Bank ◆ Swap spreads steady despite heavy issuance
-
◆ Issuer's first euro 10 year for a while ◆ 'Exceptional investor base' built over the years ◆ Pricing tighter than OMERS and provinces in secondary
