Euro

From top rated credits to subordinated debt, Nestlé, Enel and EnBW found success on Tuesday

◆ French bank goes beyond recent 10 year senior, covered deals ◆ UniCredit pushes pricing in SNP with 5bp NIP ◆ Market open for all as infrequent borrowers also lure big orders

◆ French bank's 'stellar' long end outing attracts orders and accolades ◆ Even unusually long senior deals fare well as active funds buy credit ◆ Monday's deal outcomes highlight open access for less frequent issuers

Enagas and Iren tighten hard, as fears over Taiwan election fail to materialise

Beijing-based supra ‘extremely tempted’ to catch the strong bid in euros but says it is in no rush

◆ Investors lodge big orders so as not to miss current spreads and yields before rate cuts ◆ This sentiment especially strong for sub debt ◆ Mediobanca also issues €300m tier two that was 4.5 times covered

Latest case involves BNP Paribas’s dollar Disco which it will call. BNPP will disqualify similar legacy euro notes from counting as tier two capital

Italian bank hopes to build on compatriots' recent success

Funding chief 'couldn't have wished for better conditions'

Market recovers from shaky start as smart pricing draws huge order books

◆ Portuguese lender lands deeply subordinated capital deal far tighter than when it first intended to call old note in November ◆ 'Super strong' market for FIG capital serves a tailwind ◆ 50bp tightening from IPTs

Société Générale becomes fourth issuer to launch senior FRN in euros this year