Europe
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The regional water companies are way riskier than they’re being given credit for
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China's National Silicone Industry Group has gradually trimmed its stake since 2017
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Sterling deal on the table for rest of the year, with similar target and strategy for 2025
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◆ New legislation will drive supply ◆ Covered bonds become a crucial part of Polish funding mix ◆ Up to €1bn of fresh paper expected this year
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Boon for UK water issuers as Thames woes look contained
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The government has been stung by uncapped payments to warrant holders
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Sell-off in US tech stocks hits markets far and wide
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Issuer loses pricing momentum after 15bp-20bp of initial tightening as peer Thames Water junked
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Two big primary blocks in real estate companies and more expected in next two weeks
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German state launches oversubscribed €500m deal close to secondary curve
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Two core currency benchmarks planned for autumn as issuer reaches 65% funded
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French agency hopes benchmark deal in October will reprice its curve