RBC Capital Markets
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Latest SSA deal in the currency to have a lacklustre response from investors -
Issuers see plenty of demand but defining fair value becoming difficult
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Both issuers needed to settle for static spreads that offered chunky concessions
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Volatility in dollars and dour market mood pushes German agency to postpone trade
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Bawag, Danish Ship Finance, RBC and Bank of Queensland plan deals from five to almost eight years
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Despite bumpy ride, US blue chips fly to Europe for tighter funding
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The co-head of corporate broking at Royal Bank of Canada capital markets has quit to join Bank of America
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Canadian province follows on from Swiss franc trade to rebuild international curves
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Three year part of the curve still popular choice in the currency
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Deals all land despite some reservations about maturities
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Issuer faced slog to get minimum size done with pricing in line with starting spread
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