Euro

Upcoming supply expected to skew shorter despite long end demand

T-Mobile and General Motors slash their spreads as Reverse Yankee demand stays high

New issue premiums increased in the second half of April amid shifting rates expectations

A financing boom might succeed where stress has failed in easing corporate spreads

Sovereign to focus on preserving and injecting secondary liquidity next

◆ Issuance may be concentrated on Tuesday after a single deal on Monday ◆ Prospects for euro paper brighter than dollars ◆ AT1s in any currency likely to do well in this market

◆ Callable FRN structure is ’positive evolution’ ◆ Longer fixed tranche draws €5.6bn orders ◆ Duration for high quality names still sought

Evidence grows that companies can sell bonds successfully any day of the week

A smattering of deals could still arrive this week as issuers navigate public holidays

German issuer set to brave the market during a data and holiday filled period

Traditionally issuance-free days of the week now open to deals

◆ Lender takes advantage of demand for higher yielding FIG names ◆ Completes annual funding and MREL requirements ahead of time ◆ Other lower tier European issuers execute similar deals