Sterling
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Deals flow and pipelines are building but many corporates don't need money -
UK bank prices flat to fair value as sterling delivers size across the capital structure
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Canadian lender pays ‘marginal’ concession and lands through dollars
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Issuers including Belgium and Italy are queuing up to access the market
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Preparations begin for structural debuts and the first sterling bond of the year
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Banks look to get ahead of obstacles on the horizon with almost €25bn of unsecured issuance in first week of 2023
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Unsecured sterling FIG start its busiest since before the coronavirus pandemic
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KfW and BNG were out with euro issuance, while EIB opened books on a dollar bond and others added to sterling supply
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Size and spread close to what was possible in euros
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UK lender dominated Wednesday's bond supply in UK currency
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Public sector issuers from across the spectrum brought deals in a variety of currencies
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US insurer pays a premium, but unearths tasty double digit arbitrage
