Sterling
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Analysts keeping close watch on number of entrants as fears of worsening conditions grow -
More supply to come as unexpected rates volatility no bar to success
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Werfen and Northern Gas seal amply subscribed trades
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UK investors' familiarity with funding agreement deals helps reception
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Issuer dials in sluggish demand despite offering decent concession
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Insurer optimised capital structure by raising tier one capital, buying back tier two
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Italian lender offers investors a rare chance to pick up duration in sterling
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Finnish lender was willing to pay up in order to diversify
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Senior issuance rises to £3bn in seven trading sessions but latest order book was slow to grow
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As Santander rattles through tier two trade, FIG market anticipates destination: AT1
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Attractive pricing and a desire to diversify to drive foreign financials to sterling
