Issues

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

Choice of 10 year tenor key to success, says DMO

Loan will fund the investment company's purchases of non-oil and gas assets

Chocolatier gets sticky book for first trade since S&P downgrade

Bank wants to expand presence in the country

Higher than expected inflation sent yields more than 10bp higher