Sterling
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New July 2054 attracts one of the sovereign’s largest order books, according to lead
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Borrower hits screens despite mayhem at its holding company
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Investors demand spread buffers as the future of interest rates remains unknown
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Issuers see good demand in euro and sterling as outlook turns gloomy
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Share sale achieved a tight discount of 2.3%
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◆ Senior non-preferred deal underlines how popular sterling credit is ◆ SG adds duration but pays above euros ◆ New deal boosts diversification drive after $5bn Yankee
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The election result may not have hurt Western markets, but political risk bulks huge this year
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Beijing-based supra ‘extremely tempted’ to catch the strong bid in euros but says it is in no rush
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Demand more muted than for last week’s debuts, but sterling pipeline is filling
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Issuer found unprecedented success in sterling and five year dollars
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Meanwhile, French agency adds to sterling SSA issuance
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The bank will update its SDB framework this year for the first time