Europe
-
◆ Opportunistic move pays off ◆ More balance brought into euro curve this year ◆ ‘Incentive and motivation’ to improve spreads
-
A unified definition of what makes a credible corporate transition plan is on the cards as curtain falls on UK TPT and ISSB takes over
-
Post-Budget inflation fears have led to a surge in UK government bond yields
-
Junior creditors propose cheaper offer to Class A deal
-
Emergency funding with sky high costs threatens to cut off more meaningful support
-
Wider swap spreads provide French covered bonds a buffer against competing SSA levels
-
Spin-offs of Vivendi companies Canal+, Havas and Louis Hachette Group are prepped for European stock exchanges
-
◆ ‘Important and strategic’ trade for French agency ◆ Regulatory upgrade brings tighter pricing, new investors ◆ Public Aussie debut possible next year
-
Blowout month for euro high grade benchmark corporate issuance
-
Mixed response to public investment-focused budget did not dent demand for French utility
-
Banks hiring in London amid an uptick in M&A while adapting to subdued IPOs by bolstering private capital teams
-
◆ Bund-swap spread hits single digits ◆ Tight levels put pressure on Pfandbrief spreads ◆ Further 'expensive' covered supply unlikely