Issues
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◆ Sub-benchmark deal oversubscribed ◆ Close to 5bp of new issue concession ◆ Iceland's relative risk spread compared to other Nordics 'not justified' -
◆ Debut euro deal from Apple’s largest iPhone assembler ◆ Spread tightened by 45bp ◆ Deal increased on heavy demand
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Spanish developer completes second raise in six months
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Berlin Hyp's head of funding moves after issuer integrated into LBBW
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Demand was over twice the issue size
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11 year dollar deal started 30bp-35bp back of curve, but wiped that out with tightening
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Analysts weigh implications for Argentina's currency trading band
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New originator could help Natixis advance in UK
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◆ What is pushing CLO mezz wider ◆ FIG pre-funding underway ◆ What happened at the World Bank/IMF Annual Meetings
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Manufacturers and suppliers have been hit hard by costs and Chinese competition
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Technicals tilted in issuers' favour
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Investors are eager to put cash to work in FIG bonds even though last week ended with concerns about bad loans
