US dollar

SSAs look increasingly expensive versus government benchmarks, raising the question of when investors will stop buying

Issuer estimated 2bp of premium, while onlooking bankers saw 0bp-2bp

Head of capital issuance, Richard Staff, and global head of bond syndicate, Hussain Zaidi, speak to GlobalCapital

◆ Eight foreign banks raise more than $18bn in three days as BMO adds another $1bn to multiple perps ◆ M&A funding also boosts February FIG volume to over $50bn ◆ Slow down felt by Thursday as spreads widen

Danish agency scored largest ever book and at a tight spread to US Treasuries

◆ Standard Chartered eyes investor appetite for European banks in dollar AT1 ◆ NatWest plans a dollar tier two issue

BoE, ADB, KK and AFD follow peers into dollar mart after week of healthy demand

Deal sets a pricing benchmark for SSA dollar green bonds in 2024

◆ Mizuho and Westpac NZ the only FIG issuers in dollars this week ◆ After each raised $1.5bn in dual tranchers, monthly volume pushed to $28bn ◆ Market focus also on Capital One's acquisition of Discover

Strong outing from supra despite swap-spread vol

NWB Bank lands all-time record book

French bank is a force in covered and overseas unsecured issuance