◆ Strong demand pushes new bank capital deals close to or even inside fair value ◆ Banco BPM brings new AT1 alongside tender ◆ ABN gets negative NIP on tier two
◆ Risky debt offerings unhindered by French political worries ◆ Groupama prices debut deeply subordinated capital at 'better than anticipated' level ◆ La Mondiale sees result as good omen for its RT1
◆ Leads say deal landed well inside fair value ◆ Rivals say result points to ‘halcyon days’ of early 2024 ◆ Other issuers said to be eyeing Rabobank's callable FRN structure
