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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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Corporates price highest daily volume after market volatility brought the market to a standstill
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Sharp shift in sentiment from start of week sees some companies planning deals
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Market open and long end working well as drinks company pushes curve to 2053
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At least one potential deal in Europe has been sidelined due to fears about the US economy
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Early refinancing is adding more pressure on already tight corporate spreads
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Spreads edge wider but treasurers’ trade body says inflation is still the main focus