EMEA
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◆ First Pfandbrief issued under new digital securities law ◆ Cover pool will be signed off on the chain ◆ Pricing expected next month
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Despite the end of a debt standstill looming, talks in June failed to reach a deal
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◆ UN circles banks on circular economy ◆ Topping out on Turkey ◆ CLOs: summer recess or summer resets?
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French investors return to the primary market after Bastille Day, as the market signals benign conditions
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Issuance volumes dwarf any previous year-to-date figure on record
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French covered bond spreads may be alluring, but issuance will be muted for the rest of the year
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Lack of competition helps both borrowers land flat to fair value
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Trump assassination attempt throws belief in a ’10 month year’ for primary market out of the window
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The company's capex plans are a concern, said one investor
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Investors predict more social bonds from the region, though one DCM banker says none in pipeline
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◆ Swedish supply down in euros ◆ Domestic market offers better alternative ◆ Euro issuance to pick up in the autumn