Euro
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Resurgent FIG unsecured issuance pace could slow as new quarter approaches
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It was the most subscribed covered bond of this size issued since January
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BMO has raised €4.75bn out of total euro Canadian issuance of €18.5bn so far this year
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With strong book, issuer goes for price over size
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Allied Irish Bank Group also launches tender for €500m 1.5% March 2023 senior bond
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Bankers expect sovereigns to take advantage of run of good news
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A publicly placed deal is unlikely and comes amid paucity of debut issuance
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Senior official in Spanish treasury to switch jobs later this year
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French bank rides the Intesa Sanpaolo wave to attract a €5bn book
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Norwegian bank risks a Friday to bring second seven year on the back of Nordea's successful deal
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Intesa Sanpaolo’s restart of the additional tier euro market and the maturity extension of covered bonds signals a turning of risk sentiment
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For the first time in a long time, fixed income investors are turning truly picky