Euro

Despite flurry over next few weeks, deals not expected to need new money

◆ Tap was four times covered ◆ No premium required ◆ Spread to mid-swaps attracts

Swedish real estate name offers big pick-up to senior in a way few recent hybrids have

◆ Deal confirms 'fair price for Bundesländer' ◆ 6bp pick up over KfW ◆ Things are looking up for January

◆ Norwegian national champion's first unsecured euro deal since July 2023 ◆ Non-preferred green note priced with no premium ◆ Deal helped by ESG label, rarity and high ratings for the asset class

◆ French firm sells first covered deal for three weeks ◆ Five year tenor is Caffil's shortest for two years ◆ Sizeable new issue premium required

Swedish company adds to spate of subordinated corporate debt sales this month

Budget uncertainty and concerns on the government’s future cloud French agency market

Company made its first foray into sterling bonds last week

Commercial property risk still dogs sector but investors can distinguish credits

Hybrids find it hard to consistently hit the target as senior/subordinated spread shrinks

Sectors in peril while others restructure debt — welcome to the new normal