Issues

◆ Second deal after last year's re-entry is bigger ◆ Nomura wants to extend its euro curve after debut TLAC last May ◆ Higher concession seven year tranche lands at same level as last year's fives

Ferrero International markets €300m deal

◆ Austrian bank paid 5bp new issue concession ◆ Order size consistent with previous Erste covereds ◆ New issue premiums have increased in recent weeks

◆ Dutch bank's order book three times oversubscribed ◆ 3bp NIP offered ◆ Issuer placed a green senior bail-in last October

Markets have behaved in an 'orderly fashion', says global fixed income head in EMEA

◆ Defensive structure for nervous market ◆ Largest book on a busy day for FIG issuance ◆ ABN keeps position of leading bank EuGB issuer

Redemptions and coupons usually turn technical balance favourable in the second quarter

First trade from a LatAm corporate since the outbreak of war in the Middle East

The company's curve has massively outperformed the South African sovereign this month

I don’t need to work, but I’m tempted to go back

Capital increase follows deal to buy HSBC Malta stake

Issuers tread carefully as the shortened week begins, with execution still possible at a price