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The awards recognise the market's leading deals, issuers, banks and other participants
◆ German bank lands flat to fair value ◆ Order book closes at over two times covered ◆ Deal NordLB's first in almost a year
◆ Issuer lands in 'the place to be' amid strong demand for covereds ◆ Achieves its largest covered book since at least 2023 ◆ After 7bp tightening the bond was spotted another 2bp tighter to erase new issue concession
◆ Several market currents support new long five years ◆ UniCredit GmbH achieves larger size close to fair value ◆ CRH pushes annual covered funding to €3.15bn
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The French bank attracted a peak book of over €2.65bn
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Swiss franc bond investors take lower interest rates in their stride as hunt for duration continues
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Issuer clears £500m deal 3bp above where NatWest issued on Monday
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Leeds Building Society is lining up a similar five year deal for £500m
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After widening earlier this year, covered spreads are coming in
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Illiquid secondaries for older deals led the syndicate to look at recent Dutch supply instead