Currencies
-
Best regarded issuers pushed to shorter tenors while lower rated names can go longer -
A steep rise in four year yields to more than 1% sparked investor interest
-
Spanish deal hits yield target for other insurers
-
French firm ends long absence flat to its Swiss franc curve
-
Despite less demand from the ECB, covered bond flows are in rude health
-
Deeply subordinated capital paper attracts diverse demand
-
High quality foreign names are offering attractive Swiss franc yields
-
More dollar issuance lined up as inverted US Treasury curve keeps volatility high
-
Deal priced inside guidance in contrast to an earlier Slovakian deal from VUB
-
Portugal and Council of Europe first to follow EU pathfinder trade
-
Big brand still key as second tier firms find some parts of the market inaccessible
-
Issuer’s price target was not met, but outcome was still impressive
