Europe
-
Unusually, the payments company is bookbuilding without a range -
High yields ensure the first deal since the Bank of England's 50bp rise was amply covered
-
Hesse takes €1bn after investors flock to Land NRW, Saxony-Anhalt and Land Baden-Württemberg
-
Size and spread of the bank’s latest transaction should ensure a fair performance
-
Unlike Ukraine's other state-owned issuers, Naftogaz is yet to secure full relief from bondholders
-
Borrowing levels tipped to increase towards the back end of the year
-
◆ Santander Consumer Bank seals 35bp move ◆ 10bp-20bp concessions needed for senior prints ◆ Pipeline slows as issuers enter 'monitoring mode'
-
Demand for borrower's second ever outing is lower as it becomes a frequent face in market
-
◆ Intesa takes €1.25bn with first covered bond since 2019 ◆ 12bp of concession left on the table ◆ Portugal’s Banco BPI to follow with its own covered return
-
Investor confidence seems unaffected by Saturday’s aborted coup in Russia
-
Rampant market tested the limits of investor appetite this week just as central bank support ebbs away
-
The real estate sector has been one of the main casualties of the fight against inflation
