Currencies
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◆ Coventry Building Society orders reached £4bn ◆ Banco Santander finds price sensitive investors ◆ New issue premiums vary
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Dutch agency prices 1bp back of World Bank Group borrower in ‘white hot’ market
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Issuer prices flat to secondary curve as investors chase Spanish agency bonds
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◆ Bank sells its first public sector covered since July ◆ Deal lands flat to fair value ◆ Crédit Agricole diversifies away from the short end
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Investors had their pick of unrated, smaller hybrid and sterling deals on day before ECB meeting
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The sovereign wealth fund paid no concession, but a lead conceded fair value estimates will vary widely
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The Japanese carmaker and the Canadian bank were among five issuers to tap the market on Monday
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Pharmaceutical giant ends nine year absence and takes Sfr2.2bn from its home market
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Average new issue premiums in May were lower than a month earlier even though a larger volume of bonds was priced
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More than €5bn of debt printed, multiple deals tightening more than 30bp during bookbuilding
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A slew of euro ESG deals hit the market from European and Canadian agencies
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◆ Bankers away from mandate hail sale ◆ Issuer pays zero new issue premium on both legs ◆ Belfius extends green senior preferred curve