Scotiabank
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Issuers target both the short and the long ends of the dollar curve -
Ex-CLO new issues head sets up own shop, McCormick heads to Scotia, BNPP promotes Khanna
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◆ Improved tone lures local lenders in size ◆ Yankee arb possible again ◆ European trio steps up Yankee printing on Thursday
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The dollar SSA rush continues as ECB and Fed meetings approach
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BMO, RBC and BNS have taken on new staff to capture on juicy FIG fees
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Two issuers took different approaches to funding as Canadian lender went short for size while non-bank financial deal experienced slower book building on a weaker day
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IG corporates ringing up top terms for bonds after last week's chaos
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Canadian lender takes size at a tight price on sterling return
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The issuer is keen to add more duration to its funding for the rest of 2023
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Contrasting approaches as BNG takes tried and tested trade while Ned Waters flies solo
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Issuer aims to diversify as peers bring hefty supply in euros and dollars
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8x covered book shows the ‘sweet spot’ is the covered curve’s short end
