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◆ Choice of tenor similar to equivalent syndication last year ◆ Redemptions to support demand ◆ Bank of England out in dollars
New product 'ticks boxes' including more investor diversification for Paris-based supranational, which also sold its largest Kangaroo
Only one of Canada's big five banks has yet to publicly support new defence bank initiative
◆ Issuer's first benchmark after after active start of year in PPs ◆ Deal attracts big book despite large tightening ◆ Only KfW priced with lower spread to USTs this year
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Investors still favouring liquidity, but smaller issuers can get deals done -
ADB at 15 years and EAA in dollars fill pipeline in short week
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Getting investors' attention has rarely been more difficult
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Narrowing issuance windows means small borrowers will have to fight for attention against major issuers
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Smattering of public holidays means issuers will miss out on rare smooth spell
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Japanese issuer gets €1bn deal away but investor attention looked to be elsewhere
