Euro
-
◆ Book peaks at almost four times covered ◆ No worries over repeat visits ◆ Chorus offers rare Kiwi corporate paper
-
◆ Final book under €800m ◆ 'Low single digit concession' ◆ 'Trickier' for German LBs in senior than covered
-
◆ New issue premium estimated ◆ Partial pre-funding ◆ Baden-Wuerttemberg 'through fair value'
-
Banks crowd the short end in another busy week for private placements
-
◆ Aussie lender places second covered in a week ◆ Order book passed €4bn by late morning ◆ Bankers saw 36bp at or just inside fair value
-
◆ Order books rise above €21.9bn at launch ◆ Longest maturity draws biggest bid ◆ Mitsubishi taps short end with €500m deal
-
◆ Attractive pick-up to KfW and other peers ◆ Atypical tenor no trouble ◆ SSA appetite strong
-
British-German publisher is a first-time Schuldschein issuer
-
◆ Euronext pushes short end sale tight ◆ Smurfit Kappa secures demand with new issue premium ◆ US logistics firm GXO debuts in euros
-
New issue premium paid debated ◆ 'A lot of market' had expected dual tranche ◆ EU duration and funding needs questioned
-
◆ Italian bank amasses €3bn-plus book for second covered of 2025 ◆ Bond issued at 45bp in line with Italian BTPs ◆ Bank said order book improved through the morning
-
◆ Tight deal secured despite equity volatility ◆ Demand stronger at the short end ◆ Proceeds will 'prudently' refinance upcoming maturities