New issue premiums remain high for most but green still benefits
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Corporate BondsHigh grade and crossover bonds

New issue premiums remain high for most but green still benefits

Bond market graph volatility from Adobe 22May20 575x375

Europe’s high grade primary bond market was pumping out deals with double figure new issue concessions this week, though German real estate company Vonovia’s debut green deal showed that ESG demand is still strong enough that borrowers don’t have to offer extra.

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