Euro

Rival bankers suggest €1.25bn book size ‘quite modest’

Investor demand for 10 year covered bonds expected to lead to 'positive outcome' for LBBW deal

◆ ING goes double with €2.5bn deal at belly and long ends of the curve a day after $1.25bn AT1 ◆ BNPP follows with similar strategy with €1.5bn SNP ◆ Both long end tranches land at FV

◆ Swedish lender prints $650m Reg S deal well inside fair value estimates ◆ Jyske prices largest ever AT1 deal ◆ Lower volume of Nordic capital supply and benign market conditions act as tailwinds

Huge leap as investors snap up real estate credit again

Investor appetite for secured bank bonds intensified, as buyers aimed to lock in high rates

◆ Danish bank prints its first capital deal in a major currency since 2021 ◆ IR 'hard work' pays off following money laundering case ◆ Premium paid for performance

◆ Higher rates and dollar push-back no hindrance to bank capital deals ◆ ING prints oversubscribed $1.25bn Reg S AT1 ◆ Danske's first tier two since 2021 pricing close to fair value

◆ CaixaBank goes big with €1.25bn 8NC7 green ◆ Tightest of all deals from La Banque Postale loses most orders but ends with a 1.73 subscription ratio ◆ Alpha Bank crunches price by 37.5bp

Borrowers from both sides of the Atlantic make their second or third appearances this year

The Reverse Yankees are coming, but the market looks much better for Europeans headed the other way

European banks most likely to issue long-dated bonds, but the 'market is favourable for everyone'