Featured FIG

Borrowers are using different strategies to optimise capital but strong market encourages the most subordinated deals

Cooling US inflation raises hopes of dollar rate cuts, in turn pushing forward deals that were slated for later in the year

Santander shows big AT1 deals work best alongside tender offers

Optimism rebounds after recent new issues were priced through fair value once more — but some parts of the curve could be more open than others

European financial institutions — already facing a narrow issuance window over the next couple of weeks — must also navigate renewed rates volatility

Investors are ready to embrace unsecured bank debt yet again — but at double digit new issue concessions

Order books shrink when issuers tighten pricing as investor expectations of rate cuts shift

Investors have swarmed to FIG FRNs despite looming interest rate cuts

Flurry of issuance satisfies parched investors and raises hopes for more across the capital structure

New factors suggest bank bond issuers will find even better funding market if they wait until after Easter

Smaller and lower tier bank issuers are enjoying extremely favourable funding conditions, with some able to choose between markets

Sterling issuance has all but evaporated in recent weeks despite evidence of structural demand from UK investors. Even domestic issuers have snubbed the currency but suggest that some euro funders could be lured back