EMEA

More AT1 supply is coming as 2026 already approaches last year's volume

The Saudi company's deal offered little — if any — new issue premium, says leads

The sovereign deal came the day after Hungary's tight dual trancher

◆ Rare format from issuer amplifies trend of UK lenders printing opco debt ◆ Arrives amid demand for debt from national champions ◆ Follows equivalent senior preferred bonds from French banks

Utilities metering company could refinance Schuldschein in coming months

Turkish vehicle leasing group draws 1.59x demand for Borsa Istanbul float

Bloc to price new five year and 20 year tap as Rome set to end dollar hiatus

◆ UK supermarket chain takes euro route ◆ Demand holds firm despite sharp spread tightening ◆ Small new issue concession on offer

◆ French agency raises €1.5bn seven year green bond with intraday deal ◆ Modest pick-up to issuer's curve offered, five months after it priced through ◆ Book shrank by €700m after final spread set

Four tranche deal could raise at least €2bn

◆ No book update for €500m no-grow deal ◆ Surprising lack of demand for defensive trade ◆ Investors continue to cherry pick in big week for supply

Sovereign curve has rallied since Orban left after 16 years in power, but Hungary is in a fiscal hole