BBVA

Agency achieves record tightening, plans at least one other public bond in 2024

SSAs vie EU for attention as more issuance expected from Flemish Community

Books for the European sovereign’s €5bn deal were ‘sizable for a linker’

European sovereign tests inflation-linked market as EU brings a new green bond

◆ BBVA feeds undersupplied senior sector ◆ Unicaja Banco tier two nets negative NIP ◆ Mixed views on near-term supply

◆ Barclays unlocked strong long-end demand for its first dollar trade of 2024 ◆ BlackRock raised $3bn as FIG supply booms

Former regional DCM head has relocated to New York to work for Spanish bank

Latin American investment-grade corporate paper finding exceptional demand

Latest deal came 1bp through fair value, according to the issuer

Participants anticipate a push to 15 year frontier in covered bonds as duration demand drives all of FIG

◆ Deal priced tight by a number of metrics ◆ Hefty oversubscription shows robust demand for FIG capital ◆ Trade clears flat to fair value compared with 10bp-15bp NIP for senior preferred at start of January

Demand for its new 10 year trade finished above €137bn