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Explicitly guaranteed Dutch utility company expected to trade tighter against govvie and agency peers
Poste will not borrow for the cash component
Former corporate’s green deal will be first under new state guarantee regime
The US dollar market buoyant this week despite escalating hostilities in the Middle East
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Government proxy EGW landed its 20 year note 2bp through fair value
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UK pharma latest high rated company to hit the euro market this week
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Super-tight pricings continue but issuers shy away from long end
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Dutch issuer’s success suggests long term investors are looking to add riskier debt
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Solid trade for green bond issuer sparks hope that more IG corporate deals can come this week
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A lacklustre earnings season and competition from other markets could see spreads bounce wider