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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
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Bpifrance raises €160.5m with oversubscribed Elis block trade sold at tight discount
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Maria Calderon, Head of LatAm sales at MarketAxess, discusses the firm's key role in fixed income electronic trading and its biggest achievements so far this year.
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Books over $1.5bn at launch at a spread of 80bp over Treasuries
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Estonian bank is paying no concession, thought one observer
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The bank printed Estonia's first ever international AT1 in February
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Gulf issuance will take a pause due to the Eid holiday next weekend, but June could be busy
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