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◆ Demand peaks at 3.3 times the deal size ◆ Spread tightened by 30bp ◆ Final deal size at the upper end of expectations
◆ First deal in sterling since UK budget ◆ Book falls as deal prices tighten ◆ More sterling supply expected before Christmas
Crédit Agricole and DekaBank take centre stage in Swissies as domestic names go quiet
Light opportunistic dusting expected, but prohibitive pricing to put off non-sterling funders
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The election result may not have hurt Western markets, but political risk bulks huge this year -
From top rated credits to subordinated debt, Nestlé, Enel and EnBW found success on Tuesday
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Enagas and Iren tighten hard, as fears over Taiwan election fail to materialise
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Demand more muted than for last week’s debuts, but sterling pipeline is filling
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Vonovia and Traton attract whopping order books for their first deals in the currency, leading to hopes of more new issuers
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Debut in sterling wins whopping £3.25bn final book
