Natixis

France’s investment banking market recovered strongly in 2025 but that doesn’t mean domestic banks are happy. The market is super-competitive and US firms are winning many of the best mandates

German bank's report says French covereds will likely remain competitive

Steepening swap curve has revived interest in long-dated covereds

None of the four largest covered issuers of 2024 made the top five by deal volume in 2025

Natixis has grown its covered bond business in Australia and the Nordics this year, its head of FIG DCM said

New originator could help Natixis advance in UK

New primary bond boss returns to market after spell away

◆ Final spread looks attractive for a sub-benchmark deal ◆ Book almost five times covered ◆ Low single digit concession offered

◆ €1.7bn deal gets 2025 funding past the line ◆ Seven year print and 18 year social tap ◆ Bankers say market gives 'good results' and more supply inbound

◆ First euro deal from Candian province hits 'perfect storm' ◆ BNG and AFD print 15 years ◆ All tighten by at least 3bp

BPCE CEO says move 'demonstrates our commitment to the continued development of Natixis CIB and Natixis IM'

◆ Cades tightens pricing by 5bp ◆ French political backdrop helping asset class ◆ Deal subscribed over 10 times