SSA market digests promise of euro 'supply deluge' as EU sets size

December 14, 2023 11:45 PM

EUROPEAN UNION FLAG

Issuer sets €160bn maximum for 2024 and pushes on in EGB quest

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Supras and agencies Sovereigns Euro

Georgie Lee

Related articles

Senior Debt

Investors drive contrasting outcomes for FIG issuers

◆ Triple-B rated PBB print stuck at IPTs... ◆... while double-B rated Monte dei Paschi achieves strong outcome ◆ OP Corporate Bank lands flat to fair value

Atanas Dinov, November 20, 2024
Corporate Bonds

Smurfit's 12 year bond takes big demand despite investors shunning duration

Long maturities continue to attract healthy oversubscriptions, but some investors don't see their value

Mike Turner, November 20, 2024
GC View

Senior's rich spread leaves a bad taste in covered market

When senior unsecured spreads are so tight, why even think about issuing covered bonds?

Frank Jackman, November 19, 2024
Regulatory Capital

Acquisition-hungry BPM pre-empts tier two refinancing

◆ Italian bank opts to refinance early deal with call due next year ◆ Pays heightened premium but lower spread compared to earlier, shorter tier two ◆ BPM has been acquiring stakes in Italian financial institutions

Atanas Dinov, November 19, 2024
Primary Market Monitor

Smaller and wider: SSA issuers navigate wild spread moves

Massive market swings make analysing new issue premiums a challenge

Addison Gong, November 19, 2024
Senior Debt

'Very strong' domestic bid allows Helaba to print €750m non-preferred

◆ Landesbank balances size and price aspirations ◆ Rising geopolitical tensions drive up new issue premium ◆ Spread tightened by less than on recent deals to keep investors in the book

Atanas Dinov, November 19, 2024