Banks

‘All stars aligned’ for the sovereign to serve up third deal of 2024

New bond was issued at undersupplied part of the euro curve

Rare Italian issuer attracts strong interest from private banks, while Crédit Agricole scores a hat trick

◆ Austrian lender more than fives times subscribed as swathe of deals priced... ◆ ... from tight Nordic names... ◆ ... to Italy’s ‘different animal’

◆ Books show high demand for major banks' debt capital ◆ DNB saves with annual coupon pricing ◆ Barclays takes out €1.5bn at 5bp-10bp NIP

The European timezone is crucial for ambitious investment banks, but presents unique problems. How to cover it efficiently is causing internal tension, especially for US banks.

The largest order came from an account new to the name

German lender has not publicly issued Australian dollar debt since 2019

Austria, France and Portugal opt for the same window

Banker was last a managing partner at Deloitte

At least a dozen SSAs are set to price deals on Wednesday

◆ Green label helps Nordea to tightest euro tier two of 2024 ◆ Investors buying at fair value after November intro ◆ Portuguese insurer Fidelidade meets investors ahead of debut green RT1