Issues

German, French and Dutch banks the most likely candidates for the next long end deal

Experienced hire to replace Silke Weiss

Company prints inside recent similarly rated names despite problems in motor sector

HBX shares struggle on debut

Sustainability links will be added once framework is complete and published

The country can now repay bonds due in June

The company has at least five other drawn facilities

◆ Rare Portuguese issuer lands very close to Pfandbrief ◆ Tightening in covered bond spreads prompts divergent views on where fair values are ◆ Both issuers fund close, if not flat to, perceived fair values

◆ Austrian lender opts for longest maturity considered ◆ Market participants debate impact on broader market ◆ 'Minimal' new issue premium but slim pick-up over sovereign more notable

◆ France first out of the door with 30 year ◆ Large book of €115bn, over 450 investors ◆ 'Very compressed' premium like EU and Italy

Amadeus comp is ‘aspirational’ for tech firm

◆ Praise from bankers away from transaction ◆ Deal launched into market 'that wants to buy AT1s' ◆ Post-CPI spike in US Treasury yields not viewed as game changer