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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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Investors show they are still at their desks during the most illiquid weeks of the year
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Deals waiting to be done but no one pulls trigger despite Fed meeting later this week
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Total for first half is more than all of 2023 inflows
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Second deal in as many weeks from water sector draws more than £1bn of orders
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Flurry of deals in euros with more to come as Monday supply already beats last week’s total volume
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Financial markets worried about spillover from Thames Water being junked to rest of the sector