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◆ More than €12bn of interest for popular offering ◆ 'All box-ticking' social leg was expected to do well from the start ◆ 11 year non-call 10 tranche shows duration demand intact
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Presidents and premiers are said to obsess about legacies. Nearly two years after leaving office, Liz Truss may be about to secure hers
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Higher rated DSM also has smooth ride, as corporate market continues to pump out solid trades
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Second half of 2024 is tipped to be a shadow of its busy first six months
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Many FIG issuers were quick to abandon the primary market this week, but it could get a lot worse
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Where other markets fumbled, IG corporate bonds added more than €10bn of debt to the year’s total
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£110bn book proves ‘gradual but structural shift’ in demand to shorter tenors
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Sure, covered bond new issue premiums are back while order books are smaller — but good times are still to come
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Pharmaceutical giant ends nine year absence and takes Sfr2.2bn from its home market
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Domestic investors dominate despite European interest but Asia buyers take less than in previous deals
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Sheer volume of issuance prevents sensible comparison to peers
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◆ Greeniums on show in tier two euro deals ◆ Rarity and green elements generate negative NIP ◆ Aussie issuer follows major peers’ return to euros