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International borrowers back in Swiss francs as long tenors find traction
Corporates could trade through OATs as September 8 snap vote nears
◆ Spanish borrower brings another green print to euros ◆ Peak orders more than three times deal size ◆ Tight spreads persist for IG corporates
◆ French issuers pile into market ◆ Both borrowers push hard on spread ◆ Other French names expected before September 8 government vote
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◆ Terna becomes latest Italian company to print EuGB ◆ Deal lands inside fair value ◆ Rampant liquidity left disappointed by dwindling supply
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Long time staffers handed expanded remit
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Yorkshire Water casts lonely figure in rapidly thinning issuance market
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NTT follows European leg with $11.25bn trade
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Uncertainty lifted for now but problems only kicked down the road
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Thirsty investors face up to prospects of primary market drought