Euro
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◆ Risk sentiment extends nosedive ◆ Corporate issuers shrug it off, paying small to negative new issue concessions ◆ Orders remain sticky -
◆ New 10 year launched in big size ◆ 2bp premium paid, ‘business as usual’ ◆ Will the deal open the floodgates for euro SSA deals?
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As US exceptionalism wavers, corporate bonds become the haven for bruised money
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◆ Deeply subordinated issuance shows resilience ◆ Bank of Ireland completes AT1 funding but tightening brings ◆ Crédit Agricole's insurance arm plans debut RT1
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Bloc to open new 10 year line, first syndication since Europe’s ‘ReArm’ moment last week
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◆ Order book holds as premium paid ◆ Arb versus dollars considered ◆ 'Highly granular' buyers
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Issuers will probably have to ‘re-establish’ new issue premiums at a higher level
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Renault's car financing arm extends duration at a tighter spread than where it issued similar capital last year
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◆ Wessex Water and Bunzl in sterling ◆ Manchester Airport and Mondi in euros ◆ Market shrugs off Friday’s weak non-farm payrolls number
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Covered and unsecured issuers await greater stability, despite positive signs in secondary
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Core SSA spreads suffer as EU-level funding expected to jump, but concerns also loom over Bunds and other govvies
Most recent
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Deal follows steep share price fall
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◆ Issuer steps on the accelerator to price fast ◆ ‘Lengthy’ discussion and ‘a lot of thought’ given to timing, pricing strategy ◆ Higher NIP and limited tightening encourage investors
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By neglecting its own reporting rules, Fed risks weakening global banking system
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First European flotation felled by Trump tariffs
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Warren Buffett's conglomerate was the largest foreign issuer of yen bonds last year