Euro
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Excessive regulation will slow the market, but it is better than the alternative
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Small ambitions of Legrand, DSV and El Corte Inglés rewarded with chunky demand
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Tone is ‘not exactly great’ for the primary SSA market this week
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◆ Election risk has sidelined European bank issuers ◆ Higher premiums required ◆ The pros and cons of issuing now or later
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◆ Pair met investors last week ◆ Volatility dampens covered bond supply ◆ Market would like ‘frequent issuer’ reopener
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'It was the best thing to do' in a volatile market, says issuer after election call sparks market mayhem
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A debut issuer among mandates on the screen
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Sporadic and debut borrowers must overcome election volatility to seal funding
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Bankers identify several reasons why FIG issuers deserted the primary market, unlike their corporate peers
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Some bankers were surprised, others not, but all expect a reduced EU funding programme for 2024's second half
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Where other markets fumbled, IG corporate bonds added more than €10bn of debt to the year’s total