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Investors seek structured and vanilla FRNs from credit and SSA issuers amid sharp rate fluctuations
Higher dollar yields dampen some of the callable demand
Hong Kong dollars continue to develop into a mainstream funding currency for SSAs
Ex-Crédit Agricole banker to be based in Paris
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Édouard Sauce had been with the firm for almost a decade
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Dollar and euro flow picks up in private placements
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Hong Kong dollar issuance grows 33% year-on-year in private placements
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Meanwhile, Gulf borrowers head private as Iran war volatility keeps public flow thin
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◆ Gulf issuers turn to private markets ◆ Public sector and corporate borrowers to bring forward plans ◆ Banks re-enter covered and unsecured funding markets