Euro
-
◆ Deal comes close to non-eurozone peers ◆ Real money orders dominate book ◆ No oversupply concerns for fourth tranche of 2024 -
◆ Investor meetings began on Monday ◆ Deal grew amid interest from domestic and foreign accounts ◆ Set to price below 100bp
-
◆ Issuer returns after seven months, leaves door open for another trade ◆ Tenor, pricing strategy carefully thought out ◆ French agencies test new tights to OATs
-
In a strange dynamic, hybrid investors are now just as much at the mercy of rating agencies as issuers
-
Investors chase 20 year-plus bonds but supply, rather than demand, is the question
-
Investors react calmly to new hybrid ranking higher than old ones
-
◆ Specialised lender issues first subordinated note in a decade ◆ Deal sees strong take up from investors as they find value ◆ GlobalCapital speaks to Aareal’s treasurer
-
BNP Paribas raises prediction, in part due to increased M&A that may be tough to realise
-
The question of 25bp or 50bp from the Fed next week is keeping the market on its toes
-
◆ Long-dated euro bonds flourish before ECB meeting ◆ Book doubles after cautious 1bp tightening ◆ Strategy was to ensure secondary performance
-
◆ Agency rides the ‘French agency hype’ ◆ Deal tightens more than expected ◆ Book is one of its largest
-
Akzo Nobel, MTU Aero Engines and Yorkshire Water also on screens before expected slowdown
