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National Grid, NatWest and Roche lead a broad mix of issuers this week
Bankers expect more currency diversification but the biggest wave of isusance may still be to come
◆ UK utility follows Canadian dollar deal with Swiss debut ◆ Deal offers savings versus euros ◆ Investor limits leave no room for further tightening
Bankers expect some supply next week before a proper reopening beginning August 24
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◆ Toyota and Logicor drum up strong books in euros ◆ Volkswagen proves sterling investors still looking to allocate funds ◆ Liquidity trumps all
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Only two companies brought dollar bonds in short week
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Second busiest week of the year but some see signs that investors are losing interest in new paper
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With conditions this good, it makes sense for companies to take a dip
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◆ Mercedes-Benz continues corporate sterling run ◆ Small orderbook after lead interest discounted ◆ 2030 bond lands inside the company's 2028 notes
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◆ Bromford Flagship gets big response ◆ Gilts market goes haywire as bookbuilding ends ◆ Borrower walks away with four times oversubscription