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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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Lacklustre earnings and rising rates put pressure on tight spreads
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Swedish telco tightens hard in what could be one of the last corporate new issues for a while
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Issuer bucks trend for duration demand as investors pick shortest tranche of three
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Second strong outing for top tier issuer leaves question over investor demand for weaker names
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Single-A rated corporate paid only 5bp more than recent triple-A paper
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UK tobacco firm prints slightly wider to where rival landed a week earlier