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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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Market expected to shut after Wednesday as UK elections and US holiday loom
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As supply becomes scarcer, it will be easier for companies to sell dirty debt as green
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Deal seven times subscribed, 90bp wide of same-rated Heineken
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Mandates hit screens later in the day than usual after National Rally’s soaring popularity in France
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European ESG funds saw $16bn of inflows up to June, but a potential new government in France could curtail primary volumes
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Spanish name joins Pirelli and ERG in printing ESG debt