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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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Busiest week since September and the market shows no signs of fatigue
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Bumper order book for housing association after year of little issuance from sector
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Wednesday’s deal takes French utility’s 2023 issuance past €7bn
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Investment grade corporates keep piling into euros
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Covivio and Realty Income Corp put out impressive trades