Weekly Covers

◆ Forth FIG issuer to bring sterling SNP this week ◆ Attractive pricing versus euros ◆ Dutch bank 'the type of credit that helps you sleep at night' says lead

◆ Triple-B pair each print no-grow €500m deals ◆ Technip Energies enjoys slim concession ◆ Clariant ends 14 year absence with large, sticky orderbooks

Books on the dollar deal opened just hours after Iran attacked the country

Kangaroo and Panda market grow as banks create US dollar FRNs to meet Asian demand

◆ Week's third FIG sterling deal to take advantage of opportunistic Gilts arb this ◆ Issuer's second sterling deal this year ◆ Follows multi-tranche yen issuance across the capital stack

Israeli issuer called its previous tier two early last year

Managing director is joining Citi's SSA and covered bond trading team

◆ UK utility prints €1.3bn dual trancher ◆ Issuer skips guidance as it masses orders north of €10bn ◆ Longer call leg draws stronger demand

◆ Pricing competitive to euros ◆ Deal the largest from a European corporate in 12 years ◆ Diversification drive fuels bumper Swiss franc year

◆ Tightest UK bank tier two since 2021 ◆ Book holds despite tight levels ◆ Latest in recent flurry of FIG tier two issuance

◆ Smooth return is well telegraphed ◆ Pricing behind benchmark ◆ Label's diminishing edge

It will be better for all in the long run if Venezuela can prioritise domestic spending over debt repayments