Morgan Stanley
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Borrowers push hard against mid-swaps amid chunky Bund spreads
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Small concession in dollars glosses over cheapness to euro curve
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Germany, Rentenbank and EIB mandate for deals despite Ukraine invasion shockwaves
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AI developer seeks go-ahead for its HKEX listing
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Wells Fargo brought its first dollar bond of 2022 with a minimal new issue concession on Wednesday, before Russia’s invasion of Ukraine shut the dollar market the following day
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German agency sees more than €47bn of demand for €5bn trade
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Escalating tensions between Ukraine and Russia add to market jitters
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Margin increased and issue price discounted
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Shares in the Norwegian oil and gas company were down 3.5% on the first day of trading despite strong demand for the IPO, which led to it being increased
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Borrower commands €37bn of demand as central bank uncertainty and Russia fears recede