Wells Fargo Securities
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Issuer aims to diversify as peers bring hefty supply in euros and dollars
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Ex-BNP Paribas banker is head of Asia syndicate at the US bank
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Sofr FRN, Canadian dollar benchmark, and green or social bonds are on the table in the issuer's new financial year
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Companies led a dollar bond stampede as the market enjoyed its busiest day of the year on Tuesday.
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Borrowers keen to take money off the table ahead of US CPI release
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Issuance resumes despite unsettling US jobs data
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The US bank is creating a dedicated DCM team as part of its growth strategy in Asia
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Six US banks and a UK Yankee push weekly FIG supply to $33bn
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Issuer finds dollar market’s pulse but currency to remain challenging for others
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Borrowers turn to defensive tactics after market deteriorates overnight
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US conditions were brighter after Memorial Day holiday
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Bankers are hopeful that FIG borrowers who pay for debt in dollars will continue to take advantage of sterling and Swiss franc funding arbitrage