North America
-
First Canadian province to visit euros in 2026
-
◆ US dollar benchmark had been slated for later in Q1 ◆ 10 year tenor also considered ◆ Hedge funds allocated more than in some SSA peer deals
-
Regional US and Canadian banks dominate issuance as tight spreads outweigh Greenland jitters
-
◆ Spread tightened by 5bp ◆ Banker put fair value just inside 58bp ◆ Canadian banks continue strong start to year in covereds
-
◆ Short-end offering a rare opportunity ◆ Issuer 'liquid' and 'well-liked' ◆ New issue concession estimated
-
◆ Joint largest US bank deal in euros in at least five years ◆ More than twice subscribed ◆ Heightened premium compared to dollar funding
-
Bankers say deals are still being launched and believe international rivalry can be negotiated
-
◆ AFD gets €8bn-plus book for new 10 year ◆ 'Very positive' start to 2026 for French issuers ◆ EDC back in euros with 'smooth' deal as usual
-
A deluge of supply is expected once earnings blackout ends
-
Four out of the six major money center banks boost new year issuance volume at tight spreads
-
◆ Issuer had contemplated 12-15 year euro deal ◆ Pushing through fair value was discussed ◆ Aussie dollar a 'win-win' while sterling 'on our minds'
-
◆ Toyota MCC increases deal size ◆ ASF pays small concession ◆ Pair tighten more from IPTs than last year's average