Euro

Belgian national champion clears deal at 10bp NIP as investors show ample demand for FIG capital

IG corporate market sees tightening of 45bp during bookbuilding

Demand for its new 10 year trade finished above €137bn

Italy takes €15bn from dual tranche sale as bankers advise borrowers to keep going

◆ French insurer raises €1.5bn from debut RT1 ◆ Deal reaches peak demand of €8bn even when pricing was through perceived FV ◆ Rare asset makes finding accurate FV very difficult as other deals have low coupons

◆ Vast interest for FIG debt capital as investors make €15bn of orders ◆ Periphery tier one and two deals prove very popular ◆ Arkéa struggles to attract interest and pulls 12 year tier two

Elia, EDP and Traton ease through a market desperate to invest

Scarcity and 'clever tenors' deliver €7.2bn book for ABN as 'pragmaticism' secures €1bn for Santander

Axa and BPER prepare to issue tier one, Piraeus seeks tier two

At least one issuer is eyeing 10 years and more Austrian banks are expected

Issuers take in small concessions and big books, as bankers ask after long maturity trades

Supply rush set to continue as seven issuers, including sovereigns, ready trades