Issues
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◆ Finnish deal delivers size ◆ Trade already spotted tighter in secondary ◆ Finnish supply lagging 2024 year to date -
McNamara retires, GAM looks for efficiencies in rebuild
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◆ Some question timing ◆ Source close to deal defends outcome ◆ Debate on how much inaugural issuers should pay up
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Dustin Group announces rights issue, GRK begins trading on Nasdaq Helsinki pre-list
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◆ Shorter deal proves more popular ◆ Both tranches price near the same Bund spread ◆ Small pick up to Länder offered
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◆ Tight deal needed no premium ◆ New investors buy the name ◆ Some short-dated covered bonds now trading through Länder
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◆ Shorter tranche favoured but both tighten by large amounts ◆ Market seems ripe for other issuers ◆ Eyes now turned to US tariffs announcement
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Goldman Sachs joins Western Europe's top three bookrunners
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Focusing on absolute emissions is a big plus, said one observer
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Clear success of Tuesday's euro corporate bond issues should give others confidence
