Volkswagen keeps sterling supply ticking over

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By Nigel Owen
06 Jul 2017

Volkswagen priced the third sterling corporate bond deal in as many days on Thursday, taking total supply over £3bn this week. Aggregate order books for the week are now approaching £10bn.

AA Bond Co built a £1bn order book for its £250bn six year trade on Tuesday, before Annington Funding amassed £8bn of orders for its four sterling tranches totalling £2.475bn on Wednesday.

Volkswagen issued in sterling three months ago, when it priced a £500m four year tranche ...

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