Euro
-
◆ Deal attracts largest SSA book since Feb ◆ Issuer follows usual pattern ◆ Strong macro, interesting RV -
◆ Issuer sees sizable orderbook attrition ◆ Trade looks to pay single-digit new issue concessions ◆ Deal flow to dry up from today
-
◆ Aussie lender ends more than two year absence ◆ Little or no premium paid ◆ Deal lands close to eurozone paper
-
◆ Mining firm's biggest euro deal since 2020 ◆ Premium appears negligible ◆ Other challenging names could follow
-
◆ Tier one capital flies in rallying market ◆ High initial new issue premiums draw big orders ◆ Axa adds new tier two, Commerz buys back old AT1
-
Investor sensitivity means lower spread moves and smaller book cover levels
-
◆ Market roars into life after UK public holiday ◆ Premiums low despite heavy supply this month ◆ Smaller deal sizes prop up demand
-
◆ Deal multiple times subscribed ◆ Fair value debated ◆ RCI Banque experiences attrition
-
◆ Telecom company brings rare sterling hybrid ◆ Demand for hybrid tranche exceeds three times ◆ Company prints euro benchmark on same day
-
◆ State prints size on low-supply day ◆ More German deals to come ◆ Spain, BNG also set to take advantage of slow week
-
◆ Mid-single digit premium paid ◆ Deal attracts slim yet granular book ◆ Benchmark Austrian supply down by two thirds
-
Wood fibres company has returned to profit
