LBBW
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German personal and casualty insurer to print sub-benchmark deal after two days of marketing
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Rare name avoids competing Nordic supply to attract €660m of orders
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Airline set to permanently double available liquidity compared to pre-Covid levels
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Investors becoming pickier in the final days of pandemic era quantitative easing
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Bankers expect sovereigns to take advantage of run of good news
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More corporates could refinance debt early as war in Ukraine disrupts credit markets
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Central bank meetings line up and swap spreads head towards record wide
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More expected as eye-popping Bund spread lets issuers push deep through mid-swaps
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Germany, Rentenbank and EIB mandate for deals despite Ukraine invasion shockwaves
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The order book was price sensitive, but the subscription ratio was still strong
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The cost of funding was in line with what LBBW could have expected in euros