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Top section
Bloc to price new five year and 20 year tap as Rome set to end dollar hiatus
◆ French agency raises €1.5bn seven year green bond with intraday deal ◆ Modest pick-up to issuer's curve offered, five months after it priced through ◆ Book shrank by €700m after final spread set
◆ No book update for €500m no-grow deal ◆ Surprising lack of demand for defensive trade ◆ Investors continue to cherry pick in big week for supply
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Issuer cannot tighten spread during execution but prints double its minimum requirement -
Smooth ride for sovereign, but trade hints at wider investor unease about long end bonds
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Investors still favouring liquidity, but smaller issuers can get deals done
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ADB at 15 years and EAA in dollars fill pipeline in short week
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Existing head seconded to corporate strategy department
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Euro pipeline builds as KommuneKredit and Andalucia mandate for ESG bonds
Sub-sections
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