Swiss keep buying

The Swiss market is steadily printing bonds, with corporate names in focus. Volkswagen Credit Canada, Gaz de France and France Telecom have all issued, while E.On is lining up another trade. Other sectors have also been action, highlights including a tightly-priced European Investment Bank 10 year print at 12bp over. The City of Berne too managed tight levels — plus 12.7bp for 10 years. Swedbank returned, too, with a two year bond at 20.5bp over the curve — the shortest guaranteed financial paper yet in this market. Read EuroWeek on Friday to see what has happened by then and how the market absorbs the deals.