DekaBank
-
Widening Bund swap spreads draws bid back to paper
-
Sub-sovereign continues to chip away at its €9.6bn annual programme
-
German sub-sovereign brings new deal as investors distracted by busy FIG market
-
◆ German issuer's new deal fits within the 20bp-25bp differential for SP and SNP bonds of tight European FIG names ◆ Tenor matches investors' and issuers' 'sweet spot' ◆ Majority sold in Germany where DekaBank enjoys strong name recognition
-
French, German and Canadian issuers printed their first euro bonds of the year
-
KfW announces ‘rather unusual’ euro dual trancher after revealing large programme last month
-
Issuers 'can't be stingy' in tough conditions as issuer leaves 5bp on the table
-
Leads’ orders helped issuer meet its size goal
-
Deals went well but have not dispelled concerns around the fragility of euro covered bond demand
-
Issuers to 'de-risk' euro covered bond funding with short dated deals
-
Muted SSA market welcomes European pair
-
◆ Domestic demand supports sale ◆ Public bail-in debut lands in line with peers ◆ Follow-on deals unlikely as blackouts and holidays suppress the pipeline
-
◆ German lender to optimise funding and find investors beyond Germany ◆ Conducive market for credit issuance ◆ Non-preferred bonds outperform preferred paper
-
Hesse takes €1bn after investors flock to Land NRW, Saxony-Anhalt and Land Baden-Württemberg
-
German federal state attracts nearly €3bn of demand for inaugural social bond
-
Two German issuers each took planned €500m from oversubscribed books on the same day as the sovereign
-
Issuers set to follow anticipated EU new issue with deals ahead of Federal Reserve’s next meeting
-
German issuer’s first sustainability deal was many times covered
-
Strong demand saw German Land issuer almost double its target size
-
The issuer priced the €500m tap before the EU sent out the RFP for its last transaction of 2022
-
Eurofima tightened its ‘attractive’ spread by 3bp but others stayed flat to guidance
-
SSA issuers tap the long end of the euro curve despite recent central bank messages that rocked market
-
Investors show that even during summer they have cash to put to work if the deal is right
-
Defensive €250m no-grow sale set to tap into short end demand