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Volumes rose 6% year on year
Heavy euro and sterling flows meet firm demand, but costs are higher for issuers
Post-Budget window lures sterling issuers while January pipeline swells for a busy start to 2026
◆ Aroundtown returns with first deal since 2019 ◆ LondonMetric makes debut ◆ Busiest December for sterling issuance in more than a decade
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Companies jump in before Juneteenth holiday on Thursday
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Ignoring terrible news is the only way to act in this market
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Strong conditions and looming US tariff deadline set to lure more issuers next week
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◆ Hyundai’s US arm drums up blowout response in euros ◆ Telefónica rings in solid trade ◆ SEB proves unrated spreads can be modest
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White House mis-steps have raised hopes the euro can supplant the dollar
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◆ Hybrids fight for attention alongside SLBs and green bonds ◆ Books remain well subscribed ◆ But pressure is building for market sentiment to sharply turn