Currencies

New product 'ticks boxes' including more investor diversification for Paris-based supranational, which also sold its largest Kangaroo

◆ UK lender raises $4.5bn-equivalent in five senior holding company tranches this week ◆ Both deals target long dated funding ◆ Despite secondary widening, euro offering lands with hardly any premium

◆ Insurance companies anchor long dated green tranche with near-4% yield ◆ Curve extension debated ◆ Deal comes amid widening secondary spreads but lands with negligible premium

◆ 52bp reoffer equals Nordea’s multi-year record ◆ ‘Insane’ levels show FIG spread compression, rival banker said ◆ Buy-and-hold investors prioritised

Post-earnings issuance surged with borrowers taking advantage of tight spreads to raise more than $14bn in early February.

Newfoundland prints 20 year, Crédit Agricole debuts a green covered bond

Hyperscaler earnings could become a crucial date for issuance funding calendars

Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit

Favourable market conditions have made raising debt like 'fishing with dynamite' for bank issuers. But concerns are mounting about volatility ahead

After the frenzy of the primary market in January, there is still optimism that SSAs can draw big demand

With billions of funding to be done, it will serve hyperscalers well to be less ambiguous

◆ Deal is the tightest ever Greek AT1 ◆ Book peaked more than €5.5bn ◆ Market 'just ridiculous', says lead manager