Currencies
-
Continued market strength opens gates for new names
-
Issuers must pay premium to access sterling but pricing still attractive versus euros
-
Concessions creeping down as new issue spreads widen
-
Double-B companies price TLBs at widely different spreads
-
After two successful euro benchmarks, the Dutch agency has set sights on the dollar market
-
Name recognition and two year absence fuelled demand for the unrated corporate
-
The issuer is keen to add more duration to its funding for the rest of 2023
-
Slim or no premium needed for Swiss franc FIG funders
-
Lacklustre earnings and rising rates put pressure on tight spreads
-
Issuers will need to offer more generous concessions as they return from blackout, despite a stellar start to the year in the primary market as investors recalibrate strategies in search of spread direction
-
Three main factors mean the market is still to be convinced that bloc is a govvie borrower
-
Issuance has slumped after massive January