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◆ Royal Mail owner prints across four and seven year bonds ◆ Shorter tranche draws stronger demand and larger size ◆ Premiums required as investors grow more cautious
◆ Scottish Hydro tests long-dated sterling demand ◆ Tight pricing limits further tightening from guidance ◆ Cadent extends its euro curve with 10 year trade
◆ German utilities taps improving bond market ◆ Demand holds firm across six and 11 year tranches ◆ Fair value debated
◆ Pair of real estate borrowers print four euro tranches ◆ Vonovia draws strongest demand on shortest leg of €2bn three-part trade ◆ Realty Income pays small concession on €600m outing
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Issuers add another €2.4bn to huge total for sector after frenetic issuance
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Telecoms company and property firm Aster are preparing trades in sterling market
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Even the lowest spread deals look sweet when Swiss govvies are so tight
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ECB and Fed meetings next week could throw sentiment off in final weeks before summer breaks
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Long end scarcity fuels demand for exceptionally tight 15 year tranche
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Higher risk companies are finding enthusiastic demand