Commerzbank harks back to ‘halcyon days’ with bumper book and negative premium
![commerzcartoon.jpg](https://assets.euromoneydigital.com/dims4/default/282a619/2147483647/strip/true/crop/2909x4255+0+0/resize/840x1229!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F54%2F37%2F688818d1484ca86b164d99702158%2Fcommerzcartoon.jpg)
◆ Leads say deal landed well inside fair value ◆ Rivals say result points to ‘halcyon days’ of early 2024 ◆ Other issuers said to be eyeing Rabobank's callable FRN structure
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