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Meanwhile, LatAm sovereign announces mandate for a multi-tranche deal that could come next week
Sovereign closed 'remarkable' deal despite US Treasury pricing drama
Big, volatile week in EM raises questions around fair values
Data
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Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
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2026's lead in issuance over 2025 has shrunk since the US-Iran war broke out
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Cost of printing a five year bond has fallen a long way since October
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The bank is considering bond issuance in currencies other than the euro
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◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
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Books were €700m for what had been penned as a €750m deal
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