◆ Bankers away from syndicate praise the outcome ◆ ‘A good test’ for next week when volumes are expected to increase ◆ Recent volatility reflects ‘recalibration, not reassessment’ of risk
◆ Investor demand for FRNs is ‘not something you would expect’ ◆ Rare callable format works for issuers ◆ Money market and short credit funds among the buyers
◆ Ireland's Permanent TSB Bank has 'reasonable credit story' ◆ Italian BFF offering 'could be interesting test' ◆ Rates volatility and reduced liquidity could pose challenges
◆ Market ‘risk-on’ after Fed meeting and surprise SNB rate cut ◆ Op Corporate Bank FRN fives times subscribed ◆ Senior sentiment unharmed by RBI’s pulled AT1
