TD Securities
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◆ TD unearths demand for popular FRN ◆ Canadian banks the largest floating rate funders in euros this year ◆ FRN volumes hit five year high
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Issuance from German states has increased 70% year-on-year
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Issuers target both the short and the long ends of the dollar curve
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Deal priced a record 20bp tighter than Toronto Dominion's
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Supra to tap benchmark pairing for second time as KfW goes shorter
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Dollar issuer returns to euros in quiet market to expand investor base
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Debt ceiling proposals fail to revive dollar issuance
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SEK re-entered Kangaroo market as public sector borrowers added to old lines
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Issuer looks to dollars, euros and, potentially for the first time, Canadian dollars to fund its remaining 2023 programme
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Beijing-based issuer to hold investor calls on Monday
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UK lender slides in its first Yankee of the year, raising larger volume than what was available in euros, amid lingering banking concerns
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BMO, RBC and BNS have taken on new staff to capture on juicy FIG fees