Euro

Bank must accept a perfect deal may not be possible while it has Russia exposure

The bank was boosted by a benign Fed meeting and a successful deal from Poland this week

◆ Magic number of 105bp hit again ◆ ‘Good outcome’ after senior market flooded on Monday ◆ Signs of consolidation but RBI ‘has not rattled market’

Central bank meetings suppress weekly covered bond volumes to their second lowest levels this year

◆ Deal lands with negative new issue premium ◆ Appetite for insurer RT1 stays strong ◆ Tier two bank market could be facing some ‘fatigue’

Equinix furore contained as others print without hassle

◆ Rival bankers said it was ‘bad luck’ and did not reflect broader market sentiment ◆ News that US authorities opposed RBI purchase in Austrian construction company Strabag emerged during pricing

Deal was oversubscribed with €110m of lead manager orders

US data centre had set size on €500m bond when Hindenburg Research report forced cancellation

After widening earlier this year, covered spreads are coming in

Latest Primary Market Monitor data examines issuance trends in February and March

AB-InBev and Statkraft head to far reaches of their curves