Euro

◆ Greek bank's first bond of the year vastly improves on last year's financing ◆ Scarcity appeal, buyback, and higher UniCredit ownership help crunch spread ◆ Old bond to be bought back above par

◆ 'Record-breaking' results on 'many metrics' ◆ Slim premium paid ◆ Broad engagement as investors hunt paper

◆ Deal slotted into a quiet calendar ◆ Liquidity abundant after Terna’s blockbuster EuGB ◆ Fair value seen at mid-swaps plus 117bp

Helaba merger could create a 'diversified' player in the commercial real estate market

◆ Huge demand for second euro bond ◆ 'Remarkable' result a reflection of strong market ◆ Bond immediately performed, dragging peers tighter

◆ Syndicate desks say if deal was expected ◆ Flurry of SSA bullet and structured MTNs ◆ Mandates hit screen after US data

◆ Mediobanca latest Italian bank to fund amid M&A ◆ Deal well absorbed even at negative NIP, though some debate on price ◆ Similar dynamics gave Ifis tight spread and concession

◆ 3.5 year FRN priced flat to guidance ◆ Green and conventional fixed rate bonds to come ◆ World Bank, PSP to print euros

◆ Terna becomes latest Italian company to print EuGB ◆ Deal lands inside fair value ◆ Rampant liquidity left disappointed by dwindling supply

Wide open window this week as market searches for willing issuers

Baden-Württemberg set to price FRN on Tuesday in so far quiet primary market

Opportunistic summer issuance expected and early start at end of August