Euro

Company has not drawn back up line once in almost two decades

◆ Nordea swiftly prints tight senior non-preferred a day after earnings ◆ Arkéa stretches even longer as it takes 10 year senior preferred funding ◆ Healthy books of €2bn each show conducive market

Loan is linked to emissions reductions

Italian company receives more than five times demand for short deal

Market participants to unleash issuance across the capital structure in second half of November

November issuance not a given, with focus turning towards January instead

European corporate bond issuers that still have deals to do can relax a little

Volumes expected to peter out, to the chagrin of investors

Issuers may need to offer wider spreads with volatile execution conditions set to continue

Market reaction suits unsecured deals, from those not in blackout, as soon as Friday

◆ Demand 'surprised to the upside' ◆ Deal attracts largest final book since August ◆ Trade spotted 2.5bp tighter in secondary

Central bank does as expected amid corporate bond demand that outstrips supply