OeKB seizes upon sterling momentum to take £500m

Addison Gong,

January 07, 2025 06:03 PM

Austria, Vienna, Michaelerplatz, view of the Vienna Hofburg palatial complex

◆ Sterling market goes from busy to busier ◆ OeKB takes ‘decent book’ ◆ Fresh deals coming on Wednesday

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 SSA OeKB Bank of America Barclays HSBC Sterling

AG

Addison Gong

SSA editor GlobalCapital

Elias Wilson

SSA reporter GlobalCapital

Related articles

Supras and agencies

KfW raises €9bn in 'sovereign style' dual-tranche sale

◆ Diverging views on new issue concession ◆ Huge books for each tranche ◆ Issuer takes a big bite out of 2025 funding need

Elias Wilson, January 07, 2025
Supras and agencies

Supra trio set strong tone in dollars for 2025

◆ Record books from top tier issuers ◆ Investors attracted by different tenors ◆ Heavy competition in five years expected next day

Addison Gong, January 07, 2025
Covered Bond Deal Reviews

Nationwide reopens sterling covered bond market

◆ UK builder lands strong £1bn size ◆ Bankers confident more sterling supply will follow ◆ Slim premium paid, if any

Frank Jackman, January 07, 2025
Sovereigns

Belgium grabs €89bn book in first 2025 syndication

◆ First out of three Belgian euro syndications proved a hit ◆ Usual 2bp premium paid ◆ Italy to follow with potential €20bn deal

Addison Gong, January 07, 2025
Emerging Markets

CEE sovereigns kickstart the region's euro market for 2025

Hungary and Slovenia jump in for a combined €3.5bn

Francesca Young, January 07, 2025
FIG

Sterling FIG issuers lose first mover advantage but still find attractive arb

◆ Bank of Nova Scotia and Barclays visit sterling ◆ Pace of bookbuilding and price tightening slows ◆ Goldilocks scenario makes arb attractive

Sarah Ainsworth, January 07, 2025