JP Morgan
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German sub-sovereign again proves that it 'owns the long end' in euros
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€1bn deal comes very tight to KfW and Germany
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Banks sell £308m of stock as Blackstone doubles down on call options strategy to quicken exit
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◆ Barclays unlocked strong long-end demand for its first dollar trade of 2024 ◆ BlackRock raised $3bn as FIG supply booms
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Sub-sovereign continues to chip away at its €9.6bn annual programme
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More than $10bn issuance expected as AIIB and KfW announce deals
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JP Morgan’s top banker in Europe is known for his determined style and will not shy from the big decisions needed for Citi to deliver on its plan
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Danish agency scored largest ever book and at a tight spread to US Treasuries
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Long wait ends with super-high profile appointment
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Turnaround follows two months of outflows and a heap of new issues
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‘Textbook’ trade takes place in an otherwise quiet market
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Issuer will move to focus on euro and Kangaroo markets for rest of 2024, though another dollar deal is also on the cards