Weekly Covers

◆ First deal to release IPTs on busy day ◆ MPS M&A bid had 'no impact' on deal, says lead ◆ Priced flat to fair value

◆ Yield hunters send Orange's book ballooning ◆ Deal lands through fair value ◆ Corporate hybrid supply doubles year-on-year

◆ German bank had the primary market to itself on Monday ◆ More covereds issued from Germany than any other country ◆ Banker said 7bp over offered small new issue premium

◆ Fragile US-Iran peace gives risk assets an excuse to rally ◆ Canaries debuts amid clash over Spanish regionals' run ◆ Dollars run dry as borrowers eye late June pre-funding, summer lull

◆ Largest AT1 coverage ratio of the year ◆ Small deal attracts attention on busy day ◆ Negative new issue concession debated

Borrowing costs for Gulf issuers are already falling since Sunday's announcement

International Finance Corp’s drive to introduce development finance to the CLO market is advancing. Its second deal of $509m had more investors, more tranches and better pricing, supporting its rapid growth

◆Highest rated FIG bail-in paper in euros ◆ Prices level with Nordic peer ◆ Premium paid

◆ Aussie bank has primary to itself on Friday ◆ Deal ‘sufficiently different,’ say bankers ◆ Both tranches offer small premiums

◆ US drugs firm pays single digit NIP ◆ Friday deals growing more common ◆ Issuer moves ahead of anticipated quiet week

French company diversifies funding after inaugural dollar deal last year

◆ DMO chief Jessica Pulay on why 2041s won out ◆ Swift execution 'a hallmark' of transaction ◆ Cover ratio slips but breadth holds firm