Crédit Agricole
-
NWB Bank lands all-time record book
-
Covered bonds are popular across Europe, but domestic demand is still king
-
Deal priced flat to fair value as UK asset mangers likely buyers
-
‘Textbook’ trade takes place in an otherwise quiet market
-
Swedish issuer bags largest ever print in single currency with first syndication of 2024
-
A pair of German development banks also brought new issues on Tuesday
-
Finanzagentur offers 2bp premium for investors with a 5bp concession for Greece
-
Supra’s first syndication of 2024 was bigger and priced tighter than expected
-
Issuer reveals plans for seven and 30 year combo
-
Banks push longer and tighter but investors keep coming back for more
-
◆ Strong backdrop means Greek banks issuing no longer 'top of the market' ◆ Oversubscribed deal results in one of the lowest reset spreads on Greek tier two, no NIP ◆ CA Auto Bank issues €900m two year FRN
-
◆ French bank's 'stellar' long end outing attracts orders and accolades ◆ Even unusually long senior deals fare well as active funds buy credit ◆ Monday's deal outcomes highlight open access for less frequent issuers