Issues

Austrian issuer takes rewarded for cautious approach amid busy pipeline and Sigma fallout

German issuer raised a whopping €9bn while two other SSAs together grabbed €2.5bn

The issuer paid its highest spread on a covered bond since September 2012

Any new issue premium estimate is tricky because of a bigger than usual secondary adjustment

If US interest rate policy is favourable, EMEA lending should spring back

Market is ‘more confident than it has been in a long time’ as regulation paves way for normalisation in 2024

◆ Two banks print €2bn on the back of almost €5.5bn combined demand ◆ Investors keen to pick up yield through subordinated debt ◆ All this, despite tier two paper trading tighter than a year ago

Solid enough deals from car sector but without the blowout response some hoped would show market strength

Issuing a bond in 2024 will look very different from when many sovereigns last came to the market

A further four banks will follow on Wednesday, including one with a 10 year deal

Limited central bank support and an already jittery investor base mean 2024’s year of elections could be rough

Austrian bank bumps equity capital markets 16 year veteran up to head business