Europe

Crédit Agricole Cariparma priced the first Obbligazioni Bancarie Garantite of the year on Tuesday, with the two part long-dated transaction attracting demand of almost €3bn and printing at a record spread through BTPs.

Evraz saw a strong response to both the new issue and buyback legs of its latest liability management exercise, allowing the Russian steelmaker to print a $750m six year tight to its existing curve on Monday.

Scarcity value helped boost demand for Croatia’s first euro bond for more than two years on Monday, allowing the Balkan sovereign to price a new 10 year inside its existing curve.

It is all very well pressing to harmonise bank resolution frameworks across Europe, but the market has to get on with harmonising the terminology as well.

Total return futures on the Euro Stoxx 50 can be traded from the US as of Monday, following approval from the Commodity Futures Trading Commission (CFTC).

CloudMargin, the web-based margin and collateral management platform, has reached an agreement with Nasdaq Clearing, the clearing subsidiary of Nasdaq.

Corporate issuers in Europe wasted no time in coming to the market on Monday, with three trades and a swathe of mandates hitting screens in a rush to beat Wednesday's Dutch elections.

The Financial Stability Board on Monday issued a consultation document that sets out proposals for the governance arrangements of a unique code for OTC derivatives transactions.

Svensk Exportkredit (SEK) hit screens for a sterling deal on Monday, raising £250m with a one day execution despite the announcement that the Scottish government will seek a second independence referendum.

Gestamp Automoción, the Spanish car parts maker, has begun investor education for what is likely to be the largest European IPO of the year so far, after its Ebitda grew by 10.6% in 2016.

BMC Software, the US IT management firm, joined a packed European leveraged finance market on Monday with a €650m term loan refinancing, one of several deals launched since late last week.

Patrick Seifert will become head of primary markets at Landesbank Baden-Württemberg, taking over from Patrick Steeg who will move to the firm’s asset and liability management business.