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New Pfandbrief platform brings Liechtenstein’s first ever covered bond
Earnings blackouts and higher funding costs to supress April supply
After nearly barren week, issuance could return after Easter but all depends on headlines
Data
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Shares jump and Andel commits to take its share -
◆ German chemical company prints six year bond ◆ Demand peaks at six times covered ◆ Spread slashed by 38bp from initial thoughts
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◆ French property developer sells 12 year green bond ◆ Final spread cut by 37bp ◆ Book stays sticky through bookbuilding
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Portugal and KfW lead euro supply with five year as dollar market focuses on second AfDB hybrid
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◆ Amprion deal lands through fair value ◆ Redeia sells €500m six year green bond ◆ ArcelorMittal increases size and tightens spread for €650m five year print
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