Euro

◆ New Singaporean names come close to established peers ◆ Deal follows several months of marketing

◆ Deal swells from initial size ◆ No premium needed to seal larger print

◆ Danske saves with three year floater ◆ No NIP needed for Danske’s seven year tranche ◆ DNB’s €1bn print only just covered

Deal turned out larger than some had expected

Investors have plenty of choice between short and long as well as green and conventional

◆ Senior preferred format helps mitigate execution risk ◆ Issuer shifts larger funding into shorter FRN ◆ Rates volatility back on the agenda

Volumes higher and pricing more aggressive than a year ago

◆ French issuer picks size over price ◆ ‘Three handle’ important to secure investor interest ◆ Danske readies fixed and floating rate notes

Insurer sets new tights for primary printing ◆ NIP opinions diverge on 10 year ◆ Sondrio pushes through fair value thanks to vanilla deal wrapped in green

◆ 12bp move from IPTs ‘remarkable’ ◆ €1bn print lands flat to inside fair value ◆ Iccrea to follow with 10 year OBG

◆ Greeniums on show in tier two euro deals ◆ Rarity and green elements generate negative NIP ◆ Aussie issuer follows major peers’ return to euros

Head of funding talks to GlobalCapital after breaking a decade long absence from capital issuance ◆ Issuer looks at covered and senior deals next ◆ New tier two deal has been among strongest recent FIG performers