Lloyds Bank

◆ Two banks print €2bn on the back of almost €5.5bn combined demand ◆ Investors keen to pick up yield through subordinated debt ◆ All this, despite tier two paper trading tighter than a year ago

Second foray into Samurai market this year

Sovereign gets second largest book ever despite political hubbub

Issuer raises £1bn from a three year covered bond, the third in the currency since Nationwide and Skipton issued longer deals

£3bn residential mortgage portfolio sale ‘on track’ and tipped to 'completely solve the problem'

◆ How German deal demonstrates improving sentiment ◆ Paper from UK and Italian banks also popular ◆ Issuers urged to print as investors fall into line

◆ 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

Asian borrowers are finding better funding options in Australian dollars and Japanese yen as higher US dollar interest rates bite

The face-to-face element of the capital markets will prevail despite moves to automate the sector using artificial intelligence, say interns

◆ UK bank issues its only outstanding Aussie tier two ◆ Second capital deal within a week sold outside of core markets ◆ Funding official says diversification motivated the rare deals

◆ Lloyds to diversify its capital raising into Aussie dollars following Singapore dollar debut last week ◆ Asian and European investors expected to take part ◆ Mizuho raises A$400m with EMTN deal

Juniors and interns are relishing joining the capital markets during a period of prolonged upheaval for the opportunities it brings