◆ Sterling market embraces diverse set of insurance sector deals ◆ L&G underlines different current dynamics in tier two and RT1 asset classes ◆ Proceeds to go for buyback ahead of October call
◆ MetLife returns to euros after January print ◆ Offers high single digit premium but comes flat to dollars ◆ BlackRock next with rare refi of its only non-dollar bond
◆ New euro deal more than 6.5 times subscribed ◆ Comes one trading day after a call and non-call decision on two dollar AT1s ◆ Visible new issue premium helps attract orders