Euro
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Investors showed an affinity for highly rated subordinated insurance debt offering ample new issue premium
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Narrowing issuance windows means small borrowers will have to fight for attention against major issuers
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Smattering of public holidays means issuers will miss out on rare smooth spell
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Unusual credit prompts different ideas of fair value
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Investors showed affinity for highly rated subordinated insurance debt offering ample new issue premium
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Russia neighbour cruises through busy sovereign market that also hosts France linker
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UK bank pays heightened new issue concession amid investor preference for shorter maturities
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Increase to 1% set to impact Dutch banks’ capital levels by €3.3bn
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Spanish covered bonds to metamorphosise in a little over six weeks
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Biggest bank in the world by assets raised over $2.5bn from a four currency five-tranche deal
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Japanese issuer gets €1bn deal away but investor attention looked to be elsewhere
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Deutsche Pfandbriefbank eschews tier two refi in favour of extension