EMEA
-
January issuance from CEE FIG borrowers got off to a good start -
Combined books for the two trades came to nearly $8bn
-
◆ RV in sterling turns less favourable for issuers ◆ Investors 'underwater' on recent deals ◆ Asset managers see 'no fundamental change' in UK financials from higher Gilt yields
-
◆ Issuer well funded already ◆ Tightens 3bp, no fair value consensus among banks ◆ Demand covers size over three times
-
Mandates flood in for dollar and euro deals as EU prepares to offer dual-tranche deal
-
Portuguese utility's books bulge and its spread zapped in
-
◆ German Land's issue sets new record ◆ Yield, spreads both attracted ◆ Both real and fast money keen to get paper
-
◆ Pair attract €9bn of combined final demand ◆ Little to no premiums needed ◆ Deals already tighter in secondary
-
Positive US non-farm payroll data could lead to major central banks' rates policies diverging further
-
Two more syndications to come and market is strong, but issuer is aware that 'uncertainty is still there'
-
◆ First deal since HSBC France takeover ◆ Rarity means wide range of fair value ideas ◆ Issuer eyes most popular point of the curve
-
The Slovenian bank has not issued a bond in nearly a year
