Euro
-
◆ New 30 year printed at tight level ◆ Swap spread tightened? No problem ◆ Real money demand dominates -
◆ BPCE attracts €5.3bn, Navarra €3.5bn ◆ Small concessions to fair value and govvies ◆ Longer dated Spanish deal lands inside higher rated French name
-
Norwegian aluminium company thunders through fair value despite threat of US policy changes
-
Credit score company overcomes investors' concerns to tighten pricing sharply
-
The company was divested by its Chinese parent in October 2024
-
◆ Record book for the German state ◆ Länder-KfW spread now much healthier ◆ Strong bid for German assets at current levels
-
◆ High spread attracts credit focussed accounts ◆ Strong demand for covered return ◆ Deal spotted 5bp tighter in secondary
-
First outing for Italian company tipped to herald wave of fresh hybrid names
-
Tighter spread to Bunds and real money investor interests observed in its new deal
-
◆ First Canadian tier two in euros since 2008 ◆ How TD alleviated concerns surrounding its profitability ◆ Issuer achieves 'competitive' diversification
-
◆ Danish bank brings unusual M&A financing to FIG market ◆ Senior non-preferred and tier two issuance needs have doubled ◆ Will deploy 'very rare' senior and tier two combo
-
◆ No pick-up offered to French govvies ◆ Deal lands through fair value ◆ Investors still eager to pick up paper
