Euro

The $2.5bn deal has given issuer more time to think about its next trade

Investors demand spread buffers as the future of interest rates remains unknown

Issuer reveals plans for seven and 30 year combo

Deal clinches tightest spread on a 10 year covered bond this year as French banks pay less to go longer

Banks push longer and tighter but investors keep coming back for more

Companies should explore 15 year bonds and longer after rates expectations turned upward this week

French banks are satisfying their appetite for long dated covered funding but whether infrequent core eurozone issuers can replicate this success remains to be seen

The first covered bond from a Spanish bank since February 2023 was priced with a lower premium than deals done a year ago

Logistics company pushes hard as similar trade from Sixt takes more moderate approach

Marks continuation of bumper new issues from European sovereigns

◆ Strong backdrop means Greek banks issuing no longer 'top of the market' ◆ Oversubscribed deal results in one of the lowest reset spreads on Greek tier two, no NIP ◆ CA Auto Bank issues €900m two year FRN

Despite an unexpected and violent widening of spreads on the second trading day of 2024, the unsecured FIG market has moved from strength to strength so far in January