Crédit Agricole
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After a series of wide moves from IPTs, investors were pleased a deal began close to landing
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Agricole issued early in January, but found the market in better health on its second visit
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NWB Bank lands all-time record book
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Covered bonds are popular across Europe, but domestic demand is still king
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Deal priced flat to fair value as UK asset mangers likely buyers
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‘Textbook’ trade takes place in an otherwise quiet market
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Swedish issuer bags largest ever print in single currency with first syndication of 2024
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A pair of German development banks also brought new issues on Tuesday
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Finanzagentur offers 2bp premium for investors with a 5bp concession for Greece
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Supra’s first syndication of 2024 was bigger and priced tighter than expected
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Issuer reveals plans for seven and 30 year combo
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Banks push longer and tighter but investors keep coming back for more