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◆ First unsecured deal in 10 months ◆ Spread on offer ◆ PBB looking to make net profit this year following 2025 net loss
◆ Second Swiss cantonal bank to fund in euros this year ◆ Slow bookbuilding for a tight credit ◆ Premium paid
◆ Great-West Life more than three times subscribed on second euro outing ◆ Pricoa brings FABN in sterling ◆ Banker 'surprised' with busy Tuesday for FIG
The lender offered a premium of about 35bp to the top-tier UAE bank issuers
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◆ French bank returns after January amid scarcity for senior debt ◆ Investors like what they see as there is no book attrition ◆ Seven year tenor lures broader appetite
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Mashreq will add to a steady drip of AT1 from the Gulf
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The price of Turkey's sukuk from last week has risen on secondary
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Intesa Sanpaolo and Nomura printed their biggest dollar trades as Yankee banks took advantage of favourable funding conditions.
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Banks are well advanced with funding, but spreads could encourage pre-funding of subordinated capital
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◆ BBVA opts for green five year bullet ◆ Pays concession for secondary performance ◆ Outperforms SNP supply from last week