Germany
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Investors hungry for exposure to long end of curve are finally fed -
German sub-sovereign again proves that it 'owns the long end' in euros
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Europe's biggest IPO of the year so far gains traction with investors
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Flotation of beauty products retailer includes rare €111m brownshoe option
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SSAs look increasingly expensive versus government benchmarks, raising the question of when investors will stop buying
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Sub-sovereign continues to chip away at its €9.6bn annual programme
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“Pretty much fair value pricing” for triple-A rated sovereign
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German sub-sovereign brings new deal as investors distracted by busy FIG market
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Well-funded SSA issuers take their time, but weak secondary performance worries bankers
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German perfume and cosmetics retailer seeking capital to fund deleveraging
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Negative concessions and bumper books swapped for getting stuck at IPTs and paying double digit premiums
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Germany SSA repricing needed but will Länder have to cheapen, or does KfW have room to tighten — and when?
