Euro
-
Issuer is latest eurozone sovereign to garner less investor interest than for its recent deals
-
Deals end well for HSBC, UBS and Commerzbank while Caixa Geral de Depósitos had a tougher time finding demand
-
French bank raises €1.25bn in subordinated debt ahead of more FIG capital deals in euros
-
Time needed to market rare and controversial structure to investors
-
Central bank rate decision will provide clarity on deal parameters and issuance volumes
-
Regulatory capital and speculative grade issuers to rush market ahead of central bank meet
-
Cracks appear in covered execution as investors change tack towards higher yielding deals
-
Defensive structure and green label help Swedish issuer to complete larger funding amid challenging European market
-
Single-B rated deal could reopen market for Greek banks and peripheral eurozone financials
-
Issuer cannot tighten spread during execution but prints double its minimum requirement
-
Smooth ride for sovereign, but trade hints at wider investor unease about long end bonds
-
Investors still favouring liquidity, but smaller issuers can get deals done