Euro

◆ Island region prices €500m sustainable 10 year ◆ Spread tightened 5bp from guidance after book grew ◆ Banker away from deal sees no congestion drag

◆ Rhineland-Palatinate's ISB pays a slim premium to print ◆ No-grow deal fully subscribed despite thinned-out market ◆ Brandenburg's ILB lines up three year

Books were nearly four times the deal size, a record €1bn

◆ Peak demand tops €3.25bn ◆ Deal lands close to fair value ◆ Credit has improved in recent months

New issue volume surges while key metrics improve as market backdrop turns supportive

◆ Investors turning 'price sensitive' lead says ◆ Follows recent heavy supply of tier two ◆ New issue premium debated

◆ Italian issuer pairs two sustainable formats ◆ Trade hits size targets ◆ Tight price tests investors' limits

◆ First deal to release IPTs on busy day ◆ MPS M&A bid had 'no impact' on deal, says lead ◆ Priced flat to fair value

◆ Yield hunters send Orange's book ballooning ◆ Deal lands through fair value ◆ Corporate hybrid supply doubles year-on-year

◆ Fragile US-Iran peace gives risk assets an excuse to rally ◆ Canaries debuts amid clash over Spanish regionals' run ◆ Dollars run dry as borrowers eye late June pre-funding, summer lull

◆ Largest AT1 coverage ratio of the year ◆ Small deal attracts attention on busy day ◆ Negative new issue concession debated

◆Highest rated FIG bail-in paper in euros ◆ Prices level with Nordic peer ◆ Premium paid