US dollar
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Record-tight dollar spreads flatter public sector borrowers — and flag a deeper unease about the benchmark itself
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Monday was a record day for the utilities sector
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Non-US banks have raised around 80% of their total funding needs for the year, say bankers
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Sovereign bond print went ahead despite missile and drone attacks just before pricing
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◆ A longer maturity to stand apart ◆ Treasury diversificaiton bid ◆ Structured note investors
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◆ Wider optically, tighter underneath ◆ High quality from outset ◆ Pragmaticism on last basis point
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◆ More wiggle room than supras ◆ A book that kept building ◆ Why the issuer held back
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Books on the dollar deal opened just hours after Iran attacked the country
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Kangaroo and Panda market grow as banks create US dollar FRNs to meet Asian demand
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Israeli issuer called its previous tier two early last year
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Premiums may not be at risk of increasing yet but caution should remain the watchword
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◆ Quebec's Guillaume Pichard on recent $3bn 10 year ◆ New issue concession estimated ◆ Sterling and niche markets on radar