Euro
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Both issuers print with no new issue concessions, but Sparebanken Vest benefited from scarcity appeal and belly of the curve bid -
◆ Italian bank prints at 7% amid 'Fomo' for AT1 refi ◆ Tier two capital well absorbed with rare Munich Re offering €1.5bn ◆ AIB benefits from green label
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Books bulge as market starts blockbuster week
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◆ Senior success as syndications flood euro market ◆ HSBC holdco lands through fair value ◆ ANZ ‘cements status’ with ‘strong’ euro FRN
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A UK hedge fund put in the largest order
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Core currency primary supply accelerates across the board
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Three year floating rate covered deals pricing flat to fixed rates
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Week promises fireworks as more US names and another airline join the melee
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Borrowers market euro benchmarks on Friday ahead of bustling week for issuance
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Santander shows big AT1 deals work best alongside tender offers
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Going longer doesn’t seem as steep when everything is elevated
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Rampant bid but issuers likely to wait for spreads to tighten
