Swiss Francs
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'Catch-up effect- sees issuance top Sfr2bn for another consecutive week -
Issuer takes size at a competitive price on first foray into Swiss francs
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Diversity of deals on offer as recession fears subside
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Almost Sfr3bn printed in first week of May as Swiss franc mart shakes off tariff spectre
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PSHypo’s spreads near unchanged to pre-‘liberation day’ levels
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Swiss market resilient, but Trump test is set to be a roadblock
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Severn Trent and Bank Vontobel tempt investors with inaugural trades
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SNB rate cut skews investor interest towards longer paper
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Deal is first of its kind in Swiss francs from an Aussie issuer
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Investor demand for longer paper allows both issuers to price tight
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Pfandbrief split across four tranches spanning 3.4 to 23.6 years
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Investors keen on duration as Thermo Fisher and Pfandbriefzentrale also go longer
