Currencies
-
Issuers expected to favour tight unsecured deals over covered bonds this week -
Issuer last brought a green bond in 2022 but has been active via taps
-
Biggest single day for €1bn tranches this month
-
◆ BBVA feeds undersupplied senior sector ◆ Unicaja Banco tier two nets negative NIP ◆ Mixed views on near-term supply
-
Demand for domestic covered bonds drives strong outcomes for issuers
-
French issuer embarks on journey to raise €17bn-€19bn of green debt over a decade
-
Reopening landed just 0.5bp back of secondary levels
-
More credence should be placed on recent deals as secondary curves trade wide of new issues
-
More companies are getting ratings to woo bond investors
-
More than €10.5bn of orders placed for quartet of covered deals on Thursday
-
◆ ‘A great, great trade,’ say rival bankers ◆ Investors ‘under-supplied’ in sterling
-
Investors flush with cash and happy to chase trades through fair value
