US dollar

◆ Front-end and belly of dollar curve working ◆ Big order books ◆ Landed close to other recent trades

◆ Return to 10 year gets deep demand ◆ Spread vs peers had tightened ◆ 'Quite exceptional' primary markets

World Bank tops 2025 issuer rankings for private placements

◆ KBN and Quebec among SSA issuers paying no NIP in dollars ◆ Quebec faces 'difficult allocation' after mega demand ◆ CEB also in five year dollars

◆ Duo adds to ADB and DBJ 10 years from Tuesday ◆ Good sizes and quality books for both ◆ $7bn long-dated dollar bonds already sold, CAF still to come

◆ EIB sells customary five year into record demand ◆ ADB brings ‘terrific’ and ‘incredibly strong’ 10 year ◆ More 10 year deals to come still with spread and yield both attractive

◆ Irish lender enjoys strong investor response for rare deal ◆ Pricing through fair value thanks to low supply ◆ UBS seen attracting ample interest for cost-effective dollar AT1

New twist in Hollywood acquisition as Netflix adds $5bn revolver and $20bn of term loans

Dollar corporate issuance could close to $1tr in 2026, say analysts

When the dollar market re-opens on January 5, bankers expect a stampede of Yankee banks

Tight funding levels and an abundance of investor cash made for brisk MTN issuance in 2025. The story may change in 2026, with public market issuance named as one factor that could crowd out private placements. But a broadening Asian bid for MTNs offers hope for the market, writes Diana Bui

With Latin America bond issuance smashing through its previous record, market participants think the peak has passed. A market tipped to turn tougher is the reason, which will make 2026 a year when issuers and bankers will have to earn every basis point, writes George Collard, with volumes expected to stay high