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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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With most companies reported, corporate spreads continue to defy gravity -
Mercedes, Michelin and Aéroports de Paris draw in billions of demand
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Coca-Cola, WP Carey and Kellanova land rapturous responses in a mostly shut week
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Smaller spread moves during bookbuilding hint at more aggressive opening stances from borrowers
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Corporate issues have been rare in recent weeks, leaving investors with appetite
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Real estate rehab continues as deals squeeze into narrow windows
