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Promotional bank pays more than KfW for three year money as it prints its biggest dollar deal since January 2024
John Healey resigned because the money was not there for defence. It may not be there for anything
◆ One chancellor in, one unfunded offset spotted already ◆ UK defence equities gain, but Gilts wait ◆ Wages do the Bank of England's work
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More articles/Bonc comments/Ad
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'Dead quiet' few weeks will benefit issuers as excess bonds need absorption before issuance starts to ‘fire on all cylinders’ from August 17
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SSA issuers increase focus on PPs amid quieter period for public markets
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Green investors buy when everyone else stops, giving issuers one last pricing lever — perhaps to cross a line none of them wants to reach
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◆ Scaled-back bank treasuries snap up rare seven year floater ◆ Dollar FRN drought eases as World Bank extends curve ◆ Floater lands inside fixed rate funding levels
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◆ New sterling five year lands after BoE Level B upgrade ◆ Dollar FRN 'snowball' as $2bn raised ◆ Callable issuance steady as zero structures cool
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