Aviva’s 300 club fuels hopes of supply to come
Aviva collected orders from more than 300 investors for its €650m hybrid tier two deal on Tuesday, fuelling expectations of a pick-up in primary supply next week.
The UK insurer priced the 30 year non-call 10 at 6.125% on Tuesday, after gathering a book of nearly €4bn.
The deal is likely to be the last meaningful FIG supply of this week as monetary policy decisions from the European Central Bank and Bank of England
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