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◆ Siemens burst out of the gate with five tranches ◆ Rarely spotted floating rate note sees good demand ◆ More multi-tranche trades expected this week
Asset class war breaks out as FIG market complains Reverse Yankees are stealing investors away from their deals
Issuer takes size at a competitive price on first foray into Swiss francs
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Other incoming new issues include a niche social bond in sterling
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Issuance tipped to top the €15bn-equivalent sold in the last four days
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Investors prefer shorter tranches in about-turn of recent trend
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Corporates pump out another day of deals to the envy of other markets
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No-grow tag added to modest size in latest bond to finance €8bn Vodafone Italia purchase
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Many in market say Europe has moved past poll worries, but issuer actions suggest otherwise