Debt markets: What’s hot and what’s not in 2008?

High quality issuance – covered bonds, sovereign issuance – I think there is going to be significant activity

John Winter, head of European investment banking, Barclays Capital 

Risk management both on asset and liability side, whether a corporate or a financial, is today in higher demand than ever before

Zia Huque, global head of debt syndicate, Deutsche Bank

There will be a significant amount of bank capital that will need to be issued

Michael Ridley, global head of syndicate, JPMorgan

Plain vanilla, high quality issuance

Martin Egan, head of primary markets, BNP Paribas

Bank capital

James Garvey, chairman of EMEA DCM, Goldman Sachs

For us it is likely to be US retail preferred stock.