US dollar
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Bankers off the deal thought issuer paid up but the leads disagreed
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US brokerage pays 135bp more spread compared to pre-SVB comps
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Hopes that ‘the party’ will go on in a market that has not always had open access of late — but Congress drama could shut it down
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Both issuers took in enough demand to issue $1bn deals
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Cades prints $3bn while CEB lands flat to starting level
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Dollar market to offer certain covered funders size at an attractive cost
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Market participants are hoping that money centre banks will soon reopen US issuance in a bid to assuage buyers
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Big issuer expected to bring short dated deal but sovereigns and supras will stick to euros next week
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Issuer moves quickly after latest US CPI print lifts sentiment
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Borrowers can't allow predictions of rate cuts to dictate issuance schedules — if the conditions are good, go
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When core currencies prove pricey, think different, think niche