HSBC

BNG, Finnvera and EAA join peers to tap three year part of the curve

SSA syndicate banker recently left the bank

Issuer has funded almost 98% of its annual target with no new benchmark expected for rest of 2023

KBN, OeKB, Rentenbank and AFD to tap currency amid uncertainty in euros

Issuers duck in ahead of US inflation data across range of maturities

The World Bank group borrower went further along the sterling curve than any other SSA this year

Peer World Bank raised the same amount from its own floater the day before

Labels and length as issuers offer duration to market where 'mis-steps' still possible

Issuer completes sterling funding at better levels than its recent euro outing

European agencies to dominate week’s issuance with Fed and Bank of England in focus

◆ Deal precedes redemption of AT1 and exacerbates shortage of paper in the currency ◆ Issuer locks in ‘very good’ arb ◆ HSBC’s third trade this week follows sterling covered and senior bonds

Deals went well but have not dispelled concerns around the fragility of euro covered bond demand