Currencies
-
◆ Issuer 'happy they got the deal done given current levels' ◆ Fair value debated ◆ €500m trade confirmed as 2026 prefunding -
◆ Demand peaks at 4.6 times deal size ◆ Spread tightened by 37bp from IPTs ◆ Second euro outing this year for RTE
-
◆ Pulay highlights 29% rise in investor numbers ◆ UK accounts dominate ◆ Communications strategy seen as key
-
◆ Last deal this year partly to pre-fund for 2026 ◆ Record book, record spread to US Treasuries ◆ Pick-up over top tier peers shrinks
-
The issuance of bank hybrids underlined the continuing strength of the dollar market after the reopening of the US federal government
-
‘The beginning of a new market’ aims to help solve Europe’s defence conundrum, but could fragmentation and lack of additionality be problems?
-
Rocketing AI infrastructure spend set to drive more US tech giants to Europe for funding
-
◆ Books over €3.4bn ◆ Tier two priced tighter than some recent SG SNP notes ◆ More capital trades predicted in coming weeks
-
◆ Good reception for new bonds despite company profit downgrade ◆ Negative premium on all legs ◆ Longest maturity draws biggest book
-
Recent euro tap lured big order book amid scarce supply
-
Lenders believe year ahead may not be as robust unless event-driven M&A takes place
-
◆ 'Amazing,' says rival banker ◆ Lack of 10 year issuance helped ◆ Pipeline for next two weeks 'looking good'
