Barclays

◆ Fourth deal in a little over a week will add to $6.5bn of AT1 issuance ◆ Comes just a day after Barclays garnered huge response for its tightly priced trade ◆ Santander seen focusing on achieving lower yield

Sovereign gets second largest book ever despite political hubbub

◆ Issuer takes advantage of red-hot sentiment post-CPI ◆ Higher yielding bank capital prices moved up, including a similar AT1 from Barclays ◆ Strong demand suggests tight pricing eyed

Demand exceeded €110bn when final terms were set for the dual-trancher

SSA prints totalling $2.75bn speak volumes about strength of bid in dollars

European real estate sector has been pressured by rising borrowing costs

BTP's overnight performance helped secure domestic interest

◆ Deal resuscitates near two-month hiatus in sterling unsecured FIG issuance ◆ Final book above £3.6bn hailed as ‘confidence’ booster for sterling market ◆ Varying NIP views at 20bp-30bp

Despite rush of agency deals in dollars, pinpointing fair value is hard

French agency is keen to issue €4bn-€5bn of green and social bonds next year

More SSAs eye deals but new week is set to be quieter than last

German issuer returns to dollar long end after a three year hiatus