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◆ Telecoms firm takes €1bn across two legs ◆ No to negative premiums offered ◆ Real money sticks as fast money falls out
◆ Real estate firm takes £400m on second outing ◆ Single digit concession needed ◆ Elevated sterling yields putting off potential issuers
◆ Spreads on all three legs tightened by 30bp ◆ Short end leads demand ◆ Deal follows BMW's outing in January
Data
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Spreads have been resilient so far, but market participants warn that may change
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State-owned retail bank is first to adopt Science-Based Target
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Rising rates and multi-year high inflation continue to take toll on sentiment
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American Honda, the North American subsidiary of the Japanese car maker, came to the sterling bond market after almost a year away on Thursday,
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Getting a vibrant retail bond market off the ground is no mean feat
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The firm also noted that it had spent on 'front office hires' within its investment bank in the past quarter
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