◆ Brandishing its new IG rating from Fitch, issuer prices through fair value ◆ Market tone strong due to limited issuance ◆ DekaBank next in the pipeline with a €500m five year SP
From long-dated covered and senior bonds to regulatory capital deals; all were priced tight this week. Even after Thursday's ECB meeting, nothing looks set to worsen conditions for issuers
French bank can afford to be opportunistic thanks to its well-advanced funding plan, as it will not immediately rush to revisit the subordinated debt market after its pulled tier two deal, its head of capital markets tells GlobalCapital