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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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Renewable energy company sees four times demand for €500m no grow
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Higher rated DSM also has smooth ride, as corporate market continues to pump out solid trades
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Highly rated names land smooth trades after investor demand showed signs of weakness for corporates last week
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Issuer cannot tighten from initial price thoughts as market remains hostile to lesser known names
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Second half of 2024 is tipped to be a shadow of its busy first six months
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Both deals find ample support, even as Otto pulled its debut SLB