Sweden

The Swedish car maker may raise up to €3.375bn

Growing Norwegian investor base keen to pick up labelled paper

Fears of inflation and Riksbank holding reductions driving short end covered interest

FIG investors seek out senior preferred in Swedish kronor

The move will increase capital demands on the banking sector by about $2bn

The Skr25.1bn ($2.94bn) block trade is one of the largest in EMEA this year

Euros offering a cheaper alternative for Nordic borrowers

Swedish health and wellbeing brand Midsona has sold new shares worth Skr500m (€50m) in a block trade

Swedish firms flock to MTN market in search of covered and senior funding

The Swedish krona covered bond curve has steepened over the course of the year alongside a rise in net issuance, with last month's volumes almost twice those of last July.

Banks are seeing light at the end of the tunnel as they emerge from major cost cutting exercises at the same time as economies around the world begin to emerge, erratically, from pandemic restrictions. Now the question is whether there will be enough capital markets business to go around.

Private placements are expected to make up the bulk of Swedish covered bond paper throughout the latter half of 2021 and, with the Nordic summer holiday period coming to end, issuance from the region is expected to kick off ahead of the eurozone.