Euro
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◆ Both issuers lift more than they typically issue in senior debt ◆ Larger sizes warrant higher concessions ◆ NordLB adds call, CCDJ extends duration -
Portugal and KfW lead euro supply with five year as dollar market focuses on second AfDB hybrid
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◆ Post-Seville conference pipeline builds ◆ Traffic jam possible but ample liquidity is there ◆ Kookmin takes €600m at four years
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◆ Amprion deal lands through fair value ◆ Redeia sells €500m six year green bond ◆ ArcelorMittal increases size and tightens spread for €650m five year print
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◆ Tightest 10 year Länder bond this year ◆ Big book leads to 4bp spread move ◆ Deal still three times covered, green element was key
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‘Perfect backdrop for issuance’ but how many borrowers are left to enjoy it?
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Corporate deals start piling up after a sleepy summer reopening
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US rate cut should support demand for long bonds
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Gold mines an area of interest as commodity prices rise
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◆ One deal was judged ‘relatively tight’... ◆ And the other ‘definitely cheap’... ◆ ... though fair value tough to spot
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New funding avenue opened as Vienna-based supra issuer grows
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US insurer's €750m 10 year 'priced tight'
