Location
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◆ IG corporates continue cramming into market ◆ RWE hybrid a standout with €10.5bn demand ◆ Most deals have no-grow tag
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International bond issuance will still be lower than many of the past few years
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The country has not printed a Eurobond for nearly five years
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◆ Scotia and Bank of Queensland tap the short end ◆ Single digit premium for Scotia ◆ BoQ offers spread to Aussie major peers
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◆ More IG corporates bring EuGBs ◆ Norsk Hydro looks to print inside fair value ◆ Covivio lands flat
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◆ French issuer closes in on 2025 funding target ◆ Single digit pick-up offered over tight core European names ◆ Little to no premium needed for a sizeable trade
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Lending activity picks up in four central European countries
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BEH will add to a busy period for state-owned issuance in CEEMEA
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◆ Greek bank’s unique approach benefits both legs ◆ Follows overhaul of assets and NPLs ◆ Capital and credit specialists among buyers
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Urenco, Amphenol and Associated British Ports start marketing trades for this week