BBVA
-
Construction materials firm gathers demand of more than six times deal size at launch for summer triple trancher -
Issuer is latest eurozone sovereign to garner less investor interest than for its recent deals
-
Investors still favouring liquidity, but smaller issuers can get deals done
-
Issuance heats up life as European banks scoop over €5bn from market
-
New issue concession diminished throughout the day amid sharp rates volatility
-
-
Policy to apply initially in Spain and gradually to other countries
-
-
Sovereign plans deal as eurozone periphery spreads widen on ECB comments
-
Investors are charging higher premiums on longer dated deals
-
Corporate bond market keeps going as investors look to put cash to work
-
Corporate and FIG issuers forced to pay up as investors shut up shop
