NordLB

DNB Boligkreditt got the Nordic covered bond market off to a blistering start on Wednesday with a €2bn five year deal that leads were able to tighten by 5bp from initial guidance.

Bank Nederlandse Gemeenten (BNG) launched the first SSA benchmark of 2017 on Tuesday. While the agency raised €1bn, its success was muted in comparison with the way it opened 2016.

Fresenius, the German kidney dialysis group, has closed its second Schuldschein issue of the year, growing the deal from the launch size of €400m to €1bn, which brings the its total issuance in the market this year to €1.38bn.

German healthcare group Fresenius launched a €400m Schuldschein on Friday and had already received commitments in excess of the launch size by Monday afternoon, as investors lapped up the favoured credit.

Deutsche Hypo made a rare appearance in the fixed rate senior market on Wednesday, as it joined a host of FIG issuers eager to fund ahead of a potentially tricky end to the year.

German borrowers ProSiebenSat and RKW and Austria's Montana Tech Components are in the market for €430m of Schuldscheine collectively.

Irish aircraft lessor Goshawk launched a $75m Schuldschein after landing a $345m syndicated loan in June and its first unsecured bond issue to US investors in August.

The European Stability Mechanism (ESM) and the Société de Financement Local (SFIL) sold benchmark debt to an increasingly welcoming market for euro-denominated paper on Tuesday.

NordLB decided to pull a seven year senior transaction from the market on Tuesday, as speculation about Deutsche Bank’s health hit financial credit spreads and dampened investor sentiment.

A busy FIG pipeline started to melt away this week, as speculation about Deutsche Bank’s capital and solvency position turned market sentiment sour.

NordLB decided to pull a seven year senior transaction from the market on Tuesday, as speculation about Deutsche Bank’s health hit financial credit spreads and dampened investor sentiment.

A seven year senior bond from NordLB was the only trade in the public euro market on Monday morning, after a weak opening riskier issuers' plans on pause.