Yen

◆ Simultaneous execution with Alphabet's record deal bodes well for others ◆ More FIG names likely to print in near future ◆ Other European banks diversify funding in Singaporean and Australian dollars

Amazon’s Swiss debut and Alphabet’s first yen deal jolted debt markets this week

◆ Amazon preparing six tranches in Swiss francs ◆ Alphabet preps first yen bond ◆ Rising capex driving hyperscalers into new funding lanes

Company borrows size with single five year Samurai loan tranche

Tranches in dollars and yen attract 12 banks

Japanese government bond yields have risen during the last few months

◆ Second French FIG sterling deal of the week spotted pricing inside euros ◆ Fourth currency of the year for BFCM ◆ Crédit Agricole marketing Samurai after printing in multiple other markets

Four other SSA issuers notch MTN funding

The trade was a little smaller than last year's debut, but has another social label

◆ JGB yields rose sharply ahead of elections ◆ Impact of JGBs on euro market sentiment ◆ Illiquidity hits SSA secondary trading

Syndicators do not expect an easy ride but are hopeful inflows remain supportive

Window for unsecured FIG syndications closes once more