Swedbank priced a £250m (Skr2.67bn/Eu310m) three year floating rate senior unsecured transaction on Tuesday, an opportunistic foray in the currency that was built around a private placement idea, according to a treasury official at the issuer.

Danske Bank launched a Dkr7.15bn (Eu958m) rights issue on Tuesday as part of a strategy that includes an ambition to achieve upgrades of at least one notch to its credit ratings as soon as possible.

Fitch cut Capital Centre T covered bonds issued by Realkredit Danmark from AAA to AA+ on Tuesday, with an official at the issuer noting that the rating action was fully anticipated in light of rating methodology changes, and that it expects to eventually be able to regain a triple-A rating.