EMEA
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◆ Higher spread, higher book than tighter priced SP deals ◆ Large French supply expected in the second half of year ◆ Small premium paid
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State-controlled company is seeking further financing after surge in jet fuel prices
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Largest of three IPOs in Turkey struggles to get covered, smaller ones multiple times oversubscribed
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Google parent eyes four-part Aussie dollar debut
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◆ Deal comes amid competing supply from other European banks ◆ Both EuGB and ICMA green bond standards used ◆ Low new issue premium paid
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◆ Third public euro deal for Volvo this year ◆ Low single digit concession spotted ◆ Busier corporate pipeline expected this week
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Summer is 'slowly but surely' ending with large issuers putting demand to test
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The Romanian economy is struggling to get out of recession
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National Grid, NatWest and Roche lead a broad mix of issuers this week
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Fragmentation, red tape and political friction hamper the bloc’s efforts to build banks that can compete globally
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On and off conflict has failed to deter money from flowing into EM bond funds
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The issuance calendar between now and spring promises rain. Negative carry is the price of staying dry.