Euro

◆ Deal ends with the largest book for a BPER senior trade GlobalCapital has tracked in recent years ◆ Pricing is flat if not inside FV ◆ Green deal sends encouraging signals to the periphery's other less frequent issuers

Europe’s IG corporate bond market is in danger of finding out how many straws it takes to break a camel’s back

Italian gas group wins big book for debut green tranche

Some rival bankers said ‘wrong day’ to issue as spread debated

◆ BPER Banca prepares debut green senior bond amid sparse pipeline ◆ CRE worries hang over market but spreads widening reverses ◆ Key data and holidays could limit FIG primary activity

Even the highest rated corporate borrowers are able to bring spreads in by leaps during bookbuilding in scorching market

Commercial real estate worries creep back into investors’ minds but rate cut hopes and need to place cash prevail

Front-loading pushes up volumes but no respite for SSA issuers as volatility flashpoints loom in huge funding year

Some investors and issuers complaining about pricing starting so wide… but it’s working

Bankers away say 12 year “good value” while dual structure a “defensive approach”

Swedish issuer bags largest ever print in single currency with first syndication of 2024

◆ Deterioration in market sentiment but Handelsbanken prices close to fair value, and even inside by some estimates ◆ CRE exposures under microscope ◆ Strong earnings, comfortable capitalisation assure investors