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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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Bankers away from the deal put the NIP at 1bp to 2bp
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Vest Boligkreditt finds price traction as Oma issues its debut benchmark
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DZ prices 36bp inside Oberösterreichische as the third consecutive trio of deals lines up
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Cost was lower than euros and cheaper than the bank's debut Sonia deal
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New US investors are coming to the table as resurgent volumes are eyed
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Issuers play it safe as they target the three to five year area